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Brookings-Harbor board reviews $10 million bond plan, $6 million grant match and ballot timing
Summary
At an Oct. 15 work session, the Brookings-Harbor SD 17C board discussed a possible $10 million bond and an associated $6 million 'AWESOME' grant match, comparing 10- and 20-year terms, voter messaging informed by a recent survey, and whether to seek a May ballot or wait for a later cycle.
At a work session called to order Oct. 15, the Brookings-Harbor SD 17C board discussed long-range planning and the timing of a potential bond measure that staff estimated at $10,000,000. Staff presented levy projections showing a 20-year bond could raise about $0.30 per $1,000 of assessed value, which staff said would equal roughly $144 a year on a $450,000 assessed home; a 10-year term was quoted at roughly $0.53 per $1,000, or about $240 per year on that same example.
The board and staff also discussed eligibility for a $6,000,000 match through the…
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