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What is the tax difference between the new and renovate options?

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What is the tax difference between the new and renovate options?

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• The tax difference (for average homeowner) is $60 more for new option versus major renovation. New School Major Renovation Partial Renovation Cost (millions) $119.2 $108.8 $70+ future renovations necessary Tax Impact* $601/yr $541/yr $385/yr + more to come! * The calculation shown is for the average home in Upper Dublin, assessed at $190,000 (market value of approx.$400,000). These costs would initially be phased in from years 1 through 5 (for a cumulative total of $601*). The total would then be a fixed annual cost for each year thereafter. To see your specific tax impact, find your recently mailed tax bill, visit the Upper Dublin School District website to use the tax calculator and input your assessed value.

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