The estimated average annual payment for the bonds is $1,140,433. Dividing that figure by the County’s tax year 2017 assessed value ($4,173,883,581) yields a bond levy rate of 0.000273231, or a $27.32 tax increase per $100,000 of assessed value*.
A primary home may receive a homeowner’s exemption equal to the lesser of $100,000 or 50% of the full value, thus the $27.32 increase would apply to a $200,000 primary home. The table below estimates the tax impact for a variety of home values .
*Assessed value may include homeowner exemption.