Capital Levy
Local voters approved the capital levy with 52.13% yes votes. Collection will begin in 2025.
What the levy will pay for
Ongoing security improvements
Repair to roofs nearing the end of their warranty
Fixes or replacement of aging heating/cooling systems
Create or update spaces for construction trades, culinary and health sciences classes
Updates to aging technology and technology infrastructure
Project list and when the work will begin*
*Dependent on labor and material costs and availability.
Estimated capital levy rate
In 2023, the capital levy rate was estimated to be $0.44 per $1,000 of assessed property value each year when it began in 2025. In 2024, that estimate was revised to be $0.46 per $1,000 of assessed property value each year starting in 2025. The actual rate may change.
The capital levy took the place of a bond that expired at the end of 2023. The expiring bond rate was $0.44 per $1,000 of assessed property value.
A $500,000 property that has a 5% annual increase in assessed value is estimated to pay the following amounts:
Year | Assessed value | *Est. annual payment for capital levy |
|---|---|---|
2025 | $500,000 | $230 |
2026 | $525,000 | $242 |
2027 | $551,000 | $254 |
*Estimate may change based on actual tax rate.