Master Facility Plan - Property Tax Impact
District 99 has provided the information below to help homeowners estimate the impact of the proposed Master Facility Plan on their property taxes beginning in 2019, based on the outcome of the March 20, 2018 ballot question.
For more information about District 99's finances and how this proposal may change the District 99 portion of your property taxes, please consider attending our "Finance Night" on March 7. Please click here for details.
Tax Increase if Master Facility Plan Approved
District 99 has stated that the annual increase of the Master Facility Plan on its portion of the property tax bill for a house with an average market value of $300K will be $65 per year. This is a net increase based on the fact that existing bonds are retiring in 2018. To calculate the estimated net increase on the District 99 portion of your property taxes, please enter the market value of your home.
This amount will allow District 99 to make all of the changes contained in the Master Facility Plan.
Tax Decrease if Master Facility Plan Not Approved
If existing bonds are retired and no new bonds are issued to improve our schools, the District 99 portion of property taxes for a house with an average market value of $300K will decrease by $132 annually.
If the proposal is not approved, District 99 won't be able to make any of the changes contained in the Master Facility Plan.
Tax Impact Analysis if the Community Approves the Master Facility Plan
Based on the market value of the home entered above:
This is the total amount of bond and interest that will allow District 99 to make all of the changes contained in the Master Facility Plan.