If the referendum passes, it will have the following tax effect:
- In 2026 the tax rate will increase $42.50 per $100,000 of tax valuation. For example, a $400,000 home would see an annual increase of $170 ($14/month)
- In 2028 the tax rate will increase to $72.50 per $100,000 of tax valuation. For example, a $400,000 home would see an annual increase of $290 ($24/month)