Bond Amount
at a Glance

Total bond amount: $135 million

  • Proposition A: $133 million

  • Proposition B: $2 million

Bond funds may only be used for voter-approved projects.

ESTIMATED TAX RATE IMPACT​

Based on current projections:

  • The proposed bond total is $135 million

  • The I&S tax rate is projected to remain at its current level, $0.195 per $100 of taxable property value.

  • No I&S tax rate increase is anticipated under the recommended bond scenario

Bond repayment is expected to be structured over approximately 30 years, similar to a long-term mortgage.

Tax Rate History

Understanding the

Tax Rate Structure