Capital levy
What the levy pays for
Ongoing security improvements
Repair to roofs nearing the end of their warranty
Fixes or replacement of aging heating/cooling systems
Create or update spaces for construction trades, culinary and health sciences classes
Updates to aging technology and technology infrastructure
What the levy does not pay for
Capital levies can't be used to pay for operating costs or teacher salaries. Learn about the different sources of funding for capital projects.
Project list and when the work will begin*
*Dependent on labor and material costs and availability.
Capital levy rate
Past and estimated future rates are:
$0.45 per $1,000 of assessed property value in 2025
$0.45 per $1,000 of assessed property value in 2026
$0.45 per $1,000 of assessed property value in 2027 (estimated)
Actual rates may change.
A $600,000 property that has a 3.5% annual increase in assessed value is estimated to pay the following amounts:
Year | Assessed value | Annual payment for capital levy |
|---|---|---|
2025 | $600,000 | $270 |
2026 | $621,000 | $280 |
2027 | $643,000 | $290 (estimated) |
*Estimate may change based on actual tax rate.