Lakeville presenter: $139 million plan would add about $14 a month for typical $500,000 home

A presenter for the Lakeville Public School District said the district's proposed $139 million funding plan would increase taxes by about $14 per month for the owner of a $500,000 home, based on the district's current tax base.

The presenter said that "the district is calculated that the estimated tax impact based on a $500,000 average home value in Lakeville would be about $14 per month per household," and emphasized the estimate reflects current property counts and values. That means the per-household share could change as new houses join the tax base: "as more houses come onto the market or into the community, that $14 a month will be diluted, and so it won't be $14 a month necessarily for 20 years," the presenter said.

The presenter directed residents seeking precise figures to an online calculator the district maintains and provided the district voting information page, isd194.org/vote, for personalized estimates. No formal motion or vote appears in the provided transcript segments.

Why it matters: If approved, a district funding measure of this size would be paid through local property taxes; the presenter's estimate gives homeowners a simple, current snapshot of the likely monthly impact but does not lock in long-term household costs, which depend on future changes in the tax base and property values.

The transcript does not name the speaker; the person identifying costs referred repeatedly to "the district" and the district website. The district-provided estimate and the online calculator were the only cost details given in these segments.