2011 Mill Levy for 2012 Collection of Property Tax Revenue December 13, 2011
School Taxes on Example Residences Actual School Residential Assessment Mill Taxes Value Ratio Levy Per 1,000 $100,000 x 7.96% x = $ 388 Median Douglas County home value: $345,000 x 7.96% x = $1,340 Prior Year ($1,288)
Assessed Value History in DCSD
History of School Tax Rates 4 Levy Type School Finance Act Mill Levy Overrides (1989 (2.013 M), 1997 (9.7 M), 2003 (17.9 M), 2006(5.0 M)) Total Operating Mill Debt Retirement Total District Abatements Grand Total Mill Levy
Debt Service Requirement (2012 – 2016) 5 GO Bond Debt Service Principal & Interest $69.97 M$70.11 M$69.75 M$67.6 M$56.92M$55.84M$40.77M