2024 – If March 19, 2024 Ballot Issue Approved by Voters
Ballot Issue – 3.5 mills total
2.65 mill bond issue + 0.85 mill Permanent Improvement Levy = Total 3.5 mills
No Collection/Increase in taxes in 2024

2025 – If March 19, 2024 Ballot Issue Approved by Voters
0.85 mill Permanent Improvement Levy added in 2025 but collection delayed for bond issue portion
PI 0.85 mills = $2.48/month per $100K in home value

2026 – If March 19, 2024 Ballot Issue Approved by Voters

+    2.65 Mills – March 19, 2024 Bond Issue
-    1.85 Mills – Retiring Debt from PHS construction
=    Net Increase 0.80 bond mills ($2.34/month per $100K in home value)
+    PI 0.85 mills ($2.48/month per $100K in home value)
=    Total NET Increase of 1.65 mills ($4.82/month per $100K in home value)

Financing for the phase-in over the life of the bond issue ($8M) amounts to less than $1/year per $100K home valuation.