Gov't
School Taxes – How Much Will I Pay?
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A ½-cent sales tax is estimated to raise $1.3 million yearly. The tax will be levied on the sale of those goods purchased within the City Limits of Central.
The 9.25-mill property tax will raise approximately $12 million over a 20-year period to pay for a general obligation bond. Individual cost estimates are:
Homes assessed value < $75,000 = $0
Homes assessed value at $100,000 = $23.13/year
Homes assessed value at $200,000 = $115.63/year
The 14.4-mill property tax will raise approximately $20 million over a 20-year period to pay for a general obligation bond. Individual cost estimates are:
Homes assessed value < $75,000 = $0
Homes assessed value at $100,000 = $36/year
Homes assessed value at $200,000 = $180/year
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