The School Board and administration at Earlham Community School District have a history of respecting the needs of our property taxpayers.

 

In the past five years, the district’s overall tax levy rate has decreased by 20% to stand at $13.02 per $1,000 of taxable property value. This rate is one of the lowest in our conference and region.

 

With an approved bond referendum on Tuesday, November 5, the tax impact would be $2.70 per year on $1,000 of taxable property value.

 

For a home with an assessed value of $300,000, this increase would amount to an additional $30.19 per month (or $362.28 per year). For a commercial property with an assessed value of $1 million, the monthly impact would be $187.77.

 

For agricultural property (based on the Madison County average value of $1,103 per acre), the monthly impact would be $0.18.