Thursday, June 21, 2012

Orem Residents Voted on $210 million tax increase November 2011

Photo from ohs2006.blogspot.com  New Orem High School

ALPINE — Two Utah school districts are asking taxpayers to approve millions of dollars in bonds this election season to raise money for building projects.
The Alpine school board is asking voters to approve a $210 million, 15-year bond in order to address rapid enrollment growth within the district as well as seismic concerns. If approved by voters on Nov. 8, the Alpine bond would be phased in over five years. The highest property tax increase would equal out to about $36 on a $224,500 home — the median home value in the district — or about $3 a month.
Alpine
Asking for $210 million
    $36/annual property tax increase on $224,500 home
$3/month
Those planned repairs include renovations on nine schools built before 1970. Alpine voters approved a $200 million bond in 2001 and a $230 million bond in 2006. Combined, the two previous bonds funded the construction of 15 new elementary schools, three new middle schools, one new high school, one high school re-build and 46 renovation projects.

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