CALAMUS-WHEATLAND CSD
BOND VOTE
TUESDAY, NOVEMBER 5, 2024
Tax Impact
The School Board and administration have long taken a practical and cost-effective approach when it comes to making facility improvements and have a history of respecting the needs of our property taxpayers.
Since 2013, Calamus-Wheatland CSD’s total tax levy rate has declined by more than 15% to stand at $11.76 per $1,000 of assessed property value.
The district is asking voters to consider a general obligation bond of up to $7.5 million in November 2024. These funds would allow Calamus-Wheatland CSD to pursue improvement projects at our schools in both communities.
If a bond issue were approved by at least 60% of the district's voters, property taxpayers would see an impact of $2.70 per year on every $1,000 of taxable property value. That increase would put the district’s total tax levy at $14.46 per $1,000 of taxable value, which is in line with neighboring districts.
On a home with an assessed value of $150,000, a property owner could expect a tax increase of $174.59 per year.
Calculating the tax impact can be a little complicated due to the state rollback and Homestead Credit. Below is a five-step process to provide some clarification:
