The information found here is intended to give an understanding of the estimated impact that could be expected based upon various scopes/scales of projects. It should be noted, that these figures are based on conservative estimates related to Equalized Assessed Value (EAV) growth, both immediate and further into the future, and estimated interest rates. These figures will change from early "order of magnitude" project estimates, until a time when the district could actually sell bonds following a successful referendum.
(Direct Link to Google Sheets)
If you notice your market value or exemptions changing without your interaction - it means someone else is currently using the calculator - please wait a few minutes and try again. The calculator is also set to refresh every 10 minutes so please take that into consideration as you review your information.
Farm Land Owners
If you are interested in an estimation of tax rate impacts to your farm land, please select the "Farm land Tax calculator" tab at the bottom of the calculator screen. Please note, this is an estimation based on AVERAGE land valuations by township. Your actual tax rate impact may differ dependent upon your lands Average PI. This information is available on your tax bill or by calling the county assessors office for the county in question.
When will the Atwood Bond be paid in full?
The Atwood Bond will be levied in 2025, collected in 2026 and paid in 2027.
Why do only the residents of the original Atwood Hammond School district pay on the general obligation bonds that are still outstanding?
a. The General Obligation bonds were issued and refinanced by the Atwood Hammond school district, prior to the annexation of the district. Once the annexation of the districts took place, those bonds remained the responsibility of the original Atwood Hammond School district residents.
b. The remaining balance of the Atwood Hammond GO Bonds will remain the responsibility of original residents of the Atwood Hammond School District through their maturity in 2027.
If the referendum does pass when will the new tax rate take effect?
The new tax rate would take effect next Summer/Fall of 2023.