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Costs and Oversight

The District estimates that the proposed $77.46 million bond, if passed, would cost taxpayers an additional $1.55 per $1,000 of assessed property value. A property owner with an average assessed home value of $276,225 would pay an additional $35.68 per month or $428.15 per year.

An independent citizen Bond Oversight Committee would be established to oversee the use of bond funds if the proposed bond measure passes.

If the proposed bond measure does not pass, the proposed projects would not be completed and property taxes would not be increased.