FOCUSING ON
THE FUTURE
Bond Vote | November 5, 2024
TAX IMPACT
The School Board and administration at Aplington-Pakersburg CSD have a long history of respecting the needs of our property taxpayers and balancing them with the needs of our students.
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In the past 12 years, the school district's overall tax levy rate has declined by 23%. It stood at $11.92 per $1,000 of taxable property value in the recent fiscal year.
If voters approve the bond — which would have a standard 20-year timeline — property taxpayers would see an impact of $2.70 per year on every $1,000 of taxable property value. This would result in an increase of $14.55 per month (or $174.59 per year) on a home worth $150,000.​
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→ SEE THE TAX IMPACT FACT SHEET
Commercial property with an assessed value of $150,000 would have a monthly tax impact of $15.64. Based on the average assessed value of one acre of land, the monthly tax impact per acre would be $0.30 in Butler County, and $0.38 in Grundy County.​​
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:
*The monthly tax impact for a $150,000 home using the Homestead Tax Exemption for Seniors (65+) would be $13.09.