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.
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.
→ 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.