THE COST
The State of Minnesota will pay approximately $14 million of the referendum.
What Will This Cost Me?
For a $200,000 home, the monthly tax impact would be $18 for Question 1 and $8 for Question 2.
Tax Impact on Three Home Values
*Median home value
Calculate Your Personal Tax Impact
Click on the button below to visit the tax calculator and determine the specific tax impact for your home and agricultural property.
How much money will the referendum raise for the district’s projects?
If the referendum is approved, the school district would sell bonds, similar to taking out a mortgage, for the following amounts:
Question 1 - $22.5 million, of which approximately $6 million would be allocated to the elementary school, and $16.5 million to the high school.
Question 2 - $8 million, to construct an additional gymnasium at the junior/senior high school.
Do you own agricultural land?
A 70% tax credit is here for you!
If you own agricultural land, the State of Minnesota will pay for a large portion of the total referendum project through the Ag2School Tax Credit program. This is an automatic reduction of property taxes paid - you don’t need to take any action! The legislature successfully passed this legislation in 2017.
The State of Minnesota will pay approximately $14 million of the referendum with the Ag2School Tax Credit Program.