QUICK LINKS to TAX IMPACT CALCULATORS
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The Grinnell-Newburg Community School District seeks to increase the current Voted-PPEL by $0.67/$1,000 to the maximum of $1.34/ $1,000. If approved, this levy will help support the construction of a new elementary school serving all KDG-5th grade students.
The current Voted-PPEL has a 1% Income Surtax used to provide more equitable distribution of the impact of the overall property tax increase. This one will also have a 1% Income Surtax.
The menu above provides access to:
Calculation tools for the income surtax and each type of property (Residential, Commercials/Industrial and Agricultural) as well as printable tables for each type of property.
Other information related to this request will be added to this site.
Please feel free to reach out to the district with additional questions.
Contact Information:
Phone: (641) - 236-2700 Email: Lisa.Beames@grinnell-k12.org
Additional Information
Information will be added as it becomes available. Please check back often.
Comparison
Comparison
Revenue Purpose and General Obligation Bonds
Revenue Purpose and General Obligation Bonds
The table above provides an overview comparison of the similarities and differences between a Voted-PPEL Levy, Revenue Purpose Bond and a General Obligation Bond.
The chart above, provided by Piper/Sandler, demonstrates the distribution of total property valuations for the Grinnell-Newburg Community School District by type of property as of 1/1/24.
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