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Small tax bump projected for smallest bond; $8M example raises rate about 13¢ per $1,000
Summary
Consultants tested $8M, $10M and $18M packages and said the lowest‑level $8M over 20 years would increase the tax rate roughly $0.13 per $1,000 assessed value in initial years, with an initial bump then leveling as older bonds sunset.
During the presentation Kyle of Assist Education walked the board through three tested bond packages — roughly $8 million, $10 million and $18 million — and described how price sensitivity among voters changed little across packages but that specific project additions strengthened 'strong yes' respondents.
Kyle offered a tax‑rate example for the smaller package: "an $8,000,000 bond amount over 20 years was going to increase the rate by, looks like 13¢." Board members asked for confirmation of the assumptions used in that calculation and for a clearer multi‑year rate projection showing the initial bump and the later leveling as existing bonds sunset. Consultants agreed to return refined tax‑impact materials for the board's review before any resolution would be drafted.
