Taxpayers within the Northern Wells school district will now vote for or against $14.9 million in renovations during this May’s primary elections, after school board members Tuesday unanimously approved renovating high school classrooms, upgrading the ventilation system and more.
The project, if approved on the May ballot, will increase the tax rate by 17.72 cents for ever $100 in property value, estimated Jim Elizondo, a financial consultant for the district.
Under that rate, a homeowner with a $100,000 home will owe approximately $52 more a year — or $4.33 a month.
The project, if approved on the May ballot, will increase the tax rate by 17.72 cents for ever $100 in property value, estimated Jim Elizondo, a financial consultant for the district.
Under that rate, a homeowner with a $100,000 home will owe approximately $52 more a year — or $4.33 a month.
- To learn more about how the renovations would change the school, see this earlier blog entry. (School board members voted to pursue Option A)
- To learn about the tax impact, see this earlier blog entry. (Refer to the top graph only.)
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