What will it cost homeowners if the Library Bond passes?
The cost varies based on the assessed value of your home. The estimated cost to homeowners would average $27.00 per year over the 30-year life of the bond, or two cents per $100 of a home’s assessed value (with the exception of the first year, when the estimated cost is $59). The City Manager’s analysis of its fiscal impact may be accessed on the City of Berkeley’s City Clerk’s webpage: http://www.ci.berkeley.ca.us/ContentDisplay.aspx?
