NCJ file photo
Important Bond Information!
The Twin River Public School District wants you to be informed and have the facts:
• Homestead Exemption DOES apply to the bond issue
o Confirmed by Platte County Assessor’s office
• The projected bond payment is around $2,400,000
o Based on bond amount, interest rate, and district’s LB2 valuation (50% of market value)
o Payment would result in 28 cent bond levy
• Financial models indicate the Board will lower other school tax levies if bond passes
o Current levies in place to address urgent needs if bond doesn’t pass
o Budget models project a 13 cent reduction in current levy to help offset 28 cent new bond levy
• Per acre impact estimates are based on district averages and net bond levy
o Average per acre impact shown to give an idea of impact
o Voters have been encouraged to use calculator on bond website to get individual impact
o Meant as a representation across entire district not to mislead