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What is the estimated property tax base impact of the recommended plan?

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10 Posted

What is the estimated property tax base impact of the recommended plan?

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10

The estimated property tax base impact to the entire Region is approximately $194 million over the next several decades. About $51 million, or about a quarter of that total, is related to the recommended additional lanes. These estimates are conservatively high, as they include acquisition administration and relocation costs. The actual impact will not be determined until subsequent preliminary engineering and environmental studies are conducted.

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