TAX IMPACT
TAX IMPACT
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How much will this cost me?
How much will this cost me?
The median estimated residential assessed value in the school district is $110,000.
Passing the referendum would cost the average homeowner $6/month or $72/year.
Residential
Tax Impact
Residential
Tax Impact
Agricultural
Tax Impact
Agricultural
Tax Impact
Actual average assessed valuation for 1 acre land: Butler, Franklin, Grundy, Hardin County = $2,026/acre
Source: Iowa Department of Revenue Jan. 2023
Tax Impact Summary
Tax Impact Summary
View the Summary of Referendum Tax Impact from the District financial advisors, Piper Sandler.
How to Calculate your Ag Land Tax Impact
How to Calculate your Ag Land Tax Impact
In Iowa, agricultural land is assessed based on its productivity or use value rather than market value.
How is the money being spent?
How is the money being spent?
Iowa School Funding Video
Iowa School Funding Video
How well do you understand Iowa school funding and the role of referendums?
How well do you understand Iowa school funding and the role of referendums?
This video clarifies funding sources, dispels misconceptions, highlights how tax impact is calculated, and emphasizes the importance of maintaining school facilities.
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