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What is the total cost per year for the district’s bonds on $100,000 assessed property value?

April 26, 2017assessed bonds COST district Property total value year

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What is the total cost per year for the district’s bonds on $100,000 assessed property value?

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If voters approve all three school bond propositions, the total cost to retire the debt is $8.01 per year per $100,000 of assessed property value, after state reimbursement. Without reimbursement, the cost is $18.11 per $100,000 of assessed value.