USD 251 North Lyon County — Bond Election Taxpayer Cost Calculator

Question 1

$25,955,000

Estimated levy increase: 17.000 mills

Question 2

$5,190,000

Additional levy increase: 4.000 mills

Takes effect only if Question 1 also passes

Question 2 can pass only if Question 1 passes. If both questions pass, the total estimated levy increase is 21.000 mills. If Question 1 fails, neither question takes effect.

1 · Select your property type

2 · Enter your value

Appraised value — from your Lyon County appraisal notice

Assessed value used in this calculation: $17,974

3 · Your estimated tax increase

Estimated property tax increase by ballot outcome
	30 Years
Measure	Question 1 ($25.955MM)	Question 1 ($25.955MM) + Question 2 ($5.190MM)
Projected mill levy increase	17.000	21.000
Annual property tax increase
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Monthly property tax increase
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Daily property tax increase
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Annual cost per acre
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What Question 2 adds, if Question 1 also passes

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Per month —

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Assumptions

Bonds are assumed to be repaid over 30 years. Question 1 is projected to require 17.000 mills; Questions 1 and 2 together are projected to require 21.000 mills.
Kansas assessment rates: residential 11.5% of appraised value, commercial and industrial 25% of appraised value, and agricultural land 30% of agricultural use value.
One mill equals $1 of tax for every $1,000 of assessed value.
Figures show only the increase attributable to the proposed bond issue. They are not your total property tax bill and do not include levies of the county, city, township, or other taxing units.
The residential exemption that applies to the 20-mill statewide school finance levy does not apply to a local bond and interest levy.
Median home value in USD 251 is approximately $156,300. Median agricultural use values are $231 per acre for dry crop land and $139 per acre for grass land.
Monthly and daily amounts are the annual amount divided by 12 and by 365.