10/20/2026
The cost of a levy on local taxpayers is most easily described as an amount ($2.15 for the Replacement Levy) per $1,000 of the assessed value of a home or property. Here are a couple of examples of what this means:
• Compared to our current rate, the proposed levy would amount to an additional $17.20 a month for a homeowner whose property is valued at $554,800 (the average home value in our community in 2026).
• The levy renewal proposes a rate of $2.15, which would amount to about $1,193 a year for a property valued at $554,800.
• The estimated cost for renters is more complicated to calculate, because renters do not typically pay property taxes directly. Instead, the impact of property taxes on a person’s monthly rent bill is determined by the property owner.
• And if more homes are built in our community (bringing with it more taxpayers), the less each property owner will pay for the levy overall.