As I read the documentation on the Corvallis School District website, the
District wants to sell $200M in bonds to finance $192M in improvements
specified in a list contained in the Long Range Facilities Plan Costs --
1/11/18 as reduced by the School Board on 1/17/18. Selling $200M in bonds
will result in a tax rate of $1.98/$1000 of assessed value. The
improvements range from replacing whole buildings to creating or improving
family support spaces. This fall Corvallis intends to ask the voter to
fund an $8M local option levy that will result in a tax rate of
$1.70/$1000. Both measures are designed to replace older measures and if
approved will raise our taxes. If they are voted down, our property taxes
will actually be reduced.
The voter should remember that Benton County is studying the criminal
justice system. Next year we may be asked to fund a criminal justice
center, and other facilities, replacing both the courthouse and jail. The
voter needs to balance the value of school system improvements and city
programs, with possible new criminal justice improvements, set priorities
and make choices keeping in mind that they will pay for their choices
either in property taxes or in rent.
I encourage the voter to vote down both the school bond and the upcoming
levy, which can be scheduled for next year after the County completes its
study. That way the voters can make choices according to their own
priorities.
Monday, March 19, 2018
Letter from John Detweiler re: School Bond and upcoming levy
Read more at John H. Detweiler web page
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment