Bond 2022 » Tax Dollar Impact

Tax Dollar Impact

A school district's tax rate is made up of two components: Maintenance and Operation (M&O or the General Operating Fund) and Interest and Sinking (I&S or the Debt Service Fund). Adding the two figures together provide the total school tax rate. 
 
The M&O rate is used to fund day-to-day operations like maintenance of schools and facilities, salaries, and utilities. 
 
The I&S rate can only be used to make payments on district bonds that fund construction and/or other items like technology and buses.
 
Current Tax Rate per $100 Valuation:
Funds Rate
General Operating Fund (M&O) $0.995
Debt Service Fund (I&S) $0.4600
Total Tax Rate $1.455
Tax Impact from 2022 Bond Election 
 
tax impact