The ballot proposition calls for an $8 million bond issue for improvements to Lions Park Pool and other park capital improvements. That means a property owner with a home that has a “fair cash value” of $500,000 and a “net taxable value” equal to $166,667, as listed on your tax bill, would pay approximately 56¢ per day for the improvements ($203 per year) for fifteen years. If you would like to determine the estimated effect on your bill, take the “2022” Net Taxable Value from your Real Estate Tax Bill, multiply by 0.122 and then divide by 100. The resulting number is what your estimated tax bill increase would be.
