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Estimated Operating Mill Rate/Tax Rate Calculations
Existing Debt Service and Facilities Projects
$121 Million Facilities Projects Scenario - Three Phase Financing

The mill rate increases slightly in the first few years as the County completes payments on older debt while simultaneously funding newer projects, creating a temporary overlap in debt service.
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At the same time, the operating mill rate is projected to decrease due to growth in property values, which helps offset the impact.
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As a result, taxpayers should not experience a significant spike.
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Over the long term, the total mill rate is expected to steadily decline.

Existing Debt Service and Facilities Projects
Overrating Levy increase 1.4% per year (based on 5-year average)
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(1) 2025 E. V. (TID Out) Actual
Estimate Growth @
8% - 2026 - 2027
7% - 2028 - 2029
6% - 2030 - 2040
5% - 2035 - 2050

Tax Impact
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