How can you assure voters that the tax bill impact wont be more than the 15 youre asking for?
Unlike an Education Fund referendum, this construction bond referendum is to allow the district to borrow a specific amount of money much like a mortgage. Furthermore, the tax cap complications dont apply to this type of referendum; the increase will never exceed the 15 request and may, in fact, be lower depending upon increases in EAV (Equalized Assessed Valuation) during the 20 year life of the bonds.