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Liberty Elementary District reviews $50M and $69.5M bond scenarios; advisor says tax rate can be held near current level
Summary
Financial advisor Mike LaValle told the Liberty Elementary District board that, under conservative growth assumptions, the district could structure either a $69.5 million or a $50 million bond to keep the bond tax rate roughly flat (about $0.05–$0.52 per $100 of assessed value depending on scenario), with estimated annual homeowner impacts of roughly $52 or $37 per $100,000 of taxable value.
Mike LaValle of Stifel told the Liberty Elementary District governing board on Dec. 12 that the district’s assessed valuation and bonding capacity have grown and that the board could ask voters to authorize a bond while structuring sales to avoid a sudden tax-rate spike.
LaValle reviewed a 10‑year history of the district’s assessed valuation and showed two illustrative bond scenarios: a $69.5 million request and a $50 million request. He said the district’s current bonding capacity was about $46.9 million, that it is projected to rise to roughly $50.3 million by July 1, 2025, and that, under the presentation’s assumptions, assessed‑value growth could…
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