*The amounts in the table are based on school district taxes for the proposed capital project levy and operating referendum only, and do not include tax levies for other purposes. Tax increases shown above are gross increases, not including the impact of the state Homestead Credit Refund ("Circuit Breaker") program. Some owners of homestead property may qualify for a refund, based on their income and total property taxes. This may change the net tax for many property owners. 

** Average value per acre is the total estimated market value of all land & buildings divided by total acres. If the property includes a home, then the tax impact on the house, garage, and one acre of land will be calculated in addition to the taxes per acre, on the same basisss as a residential home or non-homestead property. If the same property owner owns more than $3.8 million of agricultural homestead land and buildings, a portion of the property will be taxed at the higher non-homestead rate.