• Tax Rates

    What would this bond cost local taxpayers?

    Freeman School District taxpayers are currently paying $0.91 per $1,000 of assessed property value for the middle school bond, which will expire in December 2008. The district has structured the proposed 20-year bond not to exceed $2.50 per $1,000 assessed value. With the expiring debt of the middle school, the net impact to Freeman taxpayers of the proposed bond will be an increase of $1.59 per $1,000. For example, a home with an assessed value of $100,000 will experience a monthly tax increase of $13.25 beginning in 2009.

    Voters approve fixed dollar amounts for school bonds and levies. This is the maximum amount that can be collected and is shared by all taxpayers in the district. When more homes are built and/or property values increase, there are more taxpayers to share the fixed amount. This means the tax rate decreases because the tax base in the district is larger. Rate per $1,000 is of assessed property value.
    Please enter your home value to see the impact the proposed capital projects bond would have on your tax rate.

    Enter Home Value $

    Your Proposed Monthly Tax Increase:

    Your Proposed Annual Tax Increase:

     

    *The dollar amounts shown above would be in addition to other taxes collected.