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.