If the proposed bond measure passes, what would it cost?
The College estimates that the proposed $16 million bond, if passed, would increase the tax rate by $0.07 per $1,000 of assessed value. This is estimated to, if passed, cost the average homeowner $2.03 more per month.
State Matching Funds
The College will receive $8 million in state grants if bonds are approved. If bonds are not approved, these funds would not be received.