
Responsibly Investing in our Future.
The April 1, 2025 referendum is an OPERATIONAL and CAPITAL referendum asking voters to approve the district to help fund our school district’s operational needs and also to issue debt to pay for facility improvements that cannot be addressed within our annual budget.
The CAPITAL referendum in the amount of $6.9M includes needs that were carefully prioritized by our Facilities Task Force also taking into account priorities identified through the Community Survey.
In order to stay within the tax tolerance of our community not all of the facility needs could be included in the current plan, as such a PHASE 2 capital referendum will likely be brought to voters in another 2-3 years.
* Estimated Tax Impact based on average home value of $100,000
2025 BRUCE REFERENDUM TAX IMPACT CALCULATOR
Assumptions:
Assumes a single borrowing amortized using a planning interest rate of 5.00%.
Mill rate based on the 2024 Equalized Valuation (TID-OUT) of $529,567,928 with annual growth of 0.00% thereafter.
Tertiary Aid Impact (2024-25 October 15 Certification): -3.06%
Impact Represents an estimate of the maximum projected annual mill rate for referendum approved debt service beginning in 2025-26.