Proposition 1 would entail a $22.8 million bond, and Proposition 2 would be for $9.3 million, both financed over 30 years. ***Proposition B cannot pass without Proposition A.
(Please note, if the bond passes, the board will be able to reduce the existing Special Building Fund levy by approximately 4 cents for many years into the future. This will reduce each individual’s overall yearly tax impact by $40 per $100,000 in personal valuation.)
Calculate Your Tax Impact
Proposition 1 |
|
|---|---|
| Residential / Commercial / Personal | |
| Cost Per Year | Cost Per Month |
| Ag Land* | |
|---|---|
| Cost Per Year | Cost Per Month |
| Type | Cost Per Acre | Cost Per Quarter |
|---|---|---|
| Irrigated | $7.73 | $1,236.80 |
| Dryland | $4.25 | $680.00 |
| Grassland | $2.03 | $324.46 |
Proposition 1 & 2 |
|
|---|---|
| Residential / Commercial / Personal | |
| Cost Per Year | Cost Per Month |
| Ag Land* | |
|---|---|
| Cost Per Year | Cost Per Month |
| Type | Cost Per Acre | Cost Per Quarter |
|---|---|---|
| Irrigated | $8.83 | $1,737.60 |
| Dryland | $5.97 | $955.20 |
| Grassland | $2.86 | $456.81 |
*Using a weighted average of ag land valuations across the district's 4 counties. Reflects 50% of appraised value for bond issuer per state statute
