Taxpayers in Jefferson County will be asked to decide this fall whether to allow the school district to issue $323 million to $350 million in debt and assess taxpayers between $32 million and $36 million a year.
The district is proposing a two-part program — the bond issue and a “mill levy override.” The mill levy override is an increase in the mill levy, above and beyond what taxpayers have previously approved.
The mill levy override would cost a homeowner about $3.35 a month for each $100,000 of assessed valuation.
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