How much will the referenda cost?
While we are running two referenda, we view them as interdependent and equally important to the future of our schools. The first question calls for a one percent limiting rate increase totaling approximately $13.3 million. This equates to an increase of $74 per every $1,000 of a current tax bill. The second question calls for the issuance of $57.5 million in school building bonds. There would be no increase to tax bills incurred by this question due to the expiration of the bonds used to help fund the construction of the two new middle schools in 2002.