Hamilton School District Referendum 2017.xlsx
 Share
The version of the browser you are using is no longer supported. Please upgrade to a supported browser.Dismiss

 
$
%
123
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
2
3
4
5
Property Value
6
$343,300.00
7
You can find your fair market value on your December 2017 property tax bill. Fair market value is also known as equalized property value, which equally distributes state, county and local taxes among all taxpayers in the school district.
8
9
Question #1:
10
Build a new intermediate school for students in grades 5 & 6,update and expand Hamilton Applied Engineering & Technology facilities and equipment, and add classrooms at Hamilton High School. (Mill rate increase of 98 cents per $1,000 of property value.)
11
Estimated annual property tax increase:$336.43
12
Estimated monthly property tax increase: $28.04
15
16
Question #2:
17
Operational costs of new intermediate school including bussing, utilities, maintenance and cleaning staff, insurance, administrative costs, paraprofessionals, guidance counselor, office staff, health room attendance, social worker, psychologist and other expenses to open and operate a new school. (Mill rate increase of 39 cents per $1,000 of property value.)
18
Estimated annual property tax increase: $133.89
19
Estimated monthly property tax increase:$11.16
20
21
Combined question #1 and #2:
22
Estimated maximum property tax increase beginning December 2018
23
Estimated annual property tax increase:$470.32
24
Estimated monthly property tax increase:$39.19
25
26
Preliminary tax impact estimates for debt are based on interest rate projection of 4.25% for a 21-year amortization (phased borrowing)
27
Assumes state aid reimbursement at the 17-18 October Certification of -20.81%
28
Q#1 tax rate shown as an increase over the current tax rate for referendum approved debt payments
29
Q#2 tax rate shown as an increase in the operating levy beginning in 2019-2020
30
All tax impact estimates provided by financial consultants from Robert W. Baird & Co.
31
32
33
Only Change Yellow Cells
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
Loading...
 
 
 
Tax Impact Calculator
 
 
Main menu