Liberty-Benton School District Bond To Collect Less Millage, Decreases Impact On Taxpayers

The millage amount approved by voters in May 2019 for the Liberty-Benton Local School District bond issue has been reduced from a 5.5-mill true tax impact to a 4.35-mill true tax impact.

The added monthly cost to taxpayers will now be $12.69 per month instead of $16.08 per month per $100,000 assessed property value. The reduction is due to lower interest rates and an increase in valuations. 

"Being good stewards of the taxpayers dollars is of utmost importance to us," said Lisa Dobbins, district treasurer. "In addition to paying less than expected, taxpayers will see their dollars at work in all the ways we initially promised."

In May 2019, voters in the Liberty-Benton Local School District passed levies to fund construction and continued maintenance of the district school buildings. Now, with the bonds sold and a confirmed debt schedule in place, the district was able to reduce the millage. 

"Because of the support our community showed at the ballot in May, we are now able to focus on addressing our facility needs and providing our students with great facilities that match the exceptional teaching they receive every day," said Mark Kowalski, superintendent. "Finalizing the millage amount with the auditor’s office is a critical step in a long construction process, but it is important to us that we continue to protect our community’s investment in its schools." 

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