2024 Tax Impact Calculator

Directions: Enter your Estimated Fair Market Value (no commas, ex. 150000) and click on Calculate to see your tax estimates.

The below chart shows the additional tax impact of the $32.95 million bond for various residential property values.

Assumptions

• Preliminary tax impact estimates are based on 25-year amortization period at estimated interest rates ranging between 5.25-5.75%.                 
• Mill rate based on 2023 Equalized Valuation (TID-OUT) of $1,139,776,147 with annual growth of 3.50%.                  
• State aid impact applied at -22.91% (2023-24 October Certification).            
• Impact represents an estimate of the maximum projected annual mill rate for referendum approved debt service beginning in 2024-25.                 
• All tax impact estimates provided by financial consultants from Baird.