USD 257 tax rate revealed

By

Local News

August 13, 2019 - 10:42 AM

With approval of $35 million worth of school projects this past April, USD 257 taxpayers expected to see a tax increase in next year’s budget. 

Yes, that tax increase is coming, but thankfully, at a much lower rate than expected.

That’s because interest rates for the bonds came in very low, translating into an increase of 18.884 mills, compared to the original estimates of 21.72 mills, to fund the construction.

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