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Estimated Operating Mill Rate/Tax Rate Calculations
Existing Debt Service and Facilities Projects

$88.5 Million Facilities Projects Scenario - Three Phase Financing

The mill rate impact under the $88.5 million scenario remains stable in the early years and does not create a noticeable spike.

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Without the additional jail pod, the overall borrowing amount is lower, which keeps debt service more moderate.

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The operating mill rate is projected to decrease as property values grow, further offsetting the impact of the facilities investment.

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As a result, the projections show that taxpayers should not experience an increase in the total mill rate.

88.5 Million - Math.jpg

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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