TUTTLE SCHOOLS 2015 BOND PROPOSITION
FINANCIAL INFORMATION
$35,110,000.00 Series Combined Purpose Bond Issue
Proposition 1 - Building Construction -- $34,710,000.00
Proposition 2 - Transportation -- $400,000.00
Target Millage – 35 Mills
Projected Tax Increase – 9.17
Current Property Taxes of $1,000.00 would be $1,091.74
Valuation Growth – (5% - Years 2 and 3), (3% - Years 4 and 5)
No Growth in Valuation Projected Beyond Year Five of the Bond Issue
25 Year Average Annual Valuation Growth – 5.97%
5 Year Average Annual Valuation Growth – 5.82%