1 Assumes 30 year bond issue at 4%.
2 Incremental operating costs for referendum estimated at $300,000. Includes costs such as additional staff, electrical, heating, custodial services, etc.
3 Retiring debt service will decrease your taxes by $358 in 2024 and an additional $337 in 2030 on a home assessed at $782,636.
Referendum Proposal Questions
Project Lists and Costs by School, August 11, 2017
School taxes are one component of your property tax bill. Please visit the link below to learn more about the plans the Borough has for improvements that will also impact your property tax bill.
Borough Beach and Dam Renovation Tax Impact