A Fiscally-Responsible Investment
Approval of both referendum questions would result in an annual estimated tax increase of $28.00 per year (OR $2.33 per month) for every $100,000 of property value over the current tax rate.
The two referendum questions break out as follows:
Question 1: Approval of the Operational Referendum would result in an annual estimated tax increase of $12 per year (OR $1 per month) for every $100,000 of property value over the current tax rate.
Question 2: Approval of the Capital Referendum would result in an annual estimated tax increase of $16 per year (OR $1.33 per month) for every $100,000 of property value over the current tax rate.
IF BOTH REFERENDUMS ARE APPROVED, the tax rate would still be lower than the 2022 tax rate.
Did you know?
North Lakeland receives no state aid and rising costs have limited our ability to fully address operational and facility needs within our annual budget.
We are levying roughly the same amount of taxes as was levied in 2002 despite significantly higher costs.
We have, and will continue to have, the lowest tax rate in the state. If both referendums are approved, the tax rate would still be lower than the 2022 tax rate.
Waiting even one year could increase costs by $300,000 due to rising construction costs.
