Financial Information

Listed below are summary points that pertains to the tax impact associated with this bond referendum.

• Total cost of bond project is $40,525,000.00. Voter approved costs are $31,435,000.00. Board approved costs are $9,090,000.00. Costs are split between multiple sources to maximize State Aid.

• For a $175,000 residential home (average cost in Clay county), the tax impact based on passage of the DGF School Board Referendum will be approximately $21.21 a month or $254.57 a year.

• Use the website tax calculator by clicking HERE to determine your exact tax obligation based off the value of your parcel.

• Agricultural land (Ag2School Credit 50%) is currently assessed at an average of $4,000/acre. Based on passage of the DGF School Bond Referendum, the approximate tax impact for each acre of land will be:

  • Ag Homestead - Tax impact per acre: $1.34

  • Ag Non-Homestead - Tax impact per acre: $2.68