Presentation boards - Referendum 2021 | Page 2

Tax impact of proposed ballot questions

A tax impact calculator is available online at ahschools . us / vote2021

ESTIMATED TAX IMPACT OF PROPOSED BALLOT QUESTIONS

TAXABLE MARKET VALUE

QUESTION

1

QUESTION

2

QUESTION

3

YEARLY IMPACT

QUESTION

3

MONTHLY IMPACT

150,000 $ 0 $ 0 $ 70.38 $ 5.87 200,000 $ 0 $ 0 $ 93.84 $ 7.82 250,000 $ 0 $ 0 $ 117.30 $ 9.78 for voters to determine their specific tax impact based on individual property values .

Residential Apartment

300,000

$ 0

$ 0

$ 140.76

$ 11.73

350,000

$ 0

$ 0

$ 164.22

$ 13.68

400,000

$ 0

$ 0

$ 187.68

$ 15.64

450,000

$ 0

$ 0

$ 211.14

$ 17.60

500,000

$ 0

$ 0

$ 234.60

$ 19.55

750,000

$ 0

$ 0

$ 351.90

$ 29.32

$ 1,000,000

$ 0

$ 0

$ 469.20

$ 39.10

$ 3,000,000

$ 0

$ 0

$ 1,407.60

$ 117.30

$ 5,000,000

$ 0

$ 0

$ 2,346,00

$ 195.50

Agricultural homestead

$ 1,680,000 160 acres

$ 3,360,000 320 acres

$ 6,720,000 640 acres

$ 0 $ 0 * *

$ 0 $ 0 * *

$ 0 $ 0 * *

Agricultural non-homestead

$ 1,680,000 160 acres

$ 3,360,000 320 acres

$ 6,720,000 640 acres

$ 0 $ 0 * *

$ 0 $ 0 * *

$ 0 $ 0 * *

Commercial / Industrial

$ 1,000,000 $ 0 $ 0 $ 469.20 $ 39.10 $ 3,000,000 $ 0 $ 0 $ 1,407.60 $ 117.30 $ 5,000,000 $ 0 $ 0 $ 2,346.00 $ 195.50

* Tax impact for agricultural homesteaded properties are based on property value of the home .