How does the sinking fund millage rates for the Restoring to Excellence bond resolution compare to other district rates?
| Current Pre-Bond Election | ||||
| Comparison of Sinking Fund Millage Rates | ||||
| FY2020-21 | Oct. 2019 | |||
| School District | Millage Rate | Enrollment | ||
| Blanchard* | 53.80 | 2,053 | ||
| Newcastle | 42.19 | 2,336 | ||
| El Reno* | 40.18 | 2,911 | ||
| Deer Creek | 36.03 | 6,872 | ||
| Elgin* | 34.96 | 2,412 | ||
| Choctaw | 33.97 | 5,735 | ||
| Jones* | 33.97 | 1,123 | ||
| Bethany* | 33.86 | 1,730 | ||
| Bridge Creek* | 33.52 | 1,674 | ||
| Piedmont* | 33.16 | 4,535 | ||
| Tuttle* | 32.90 | 1,964 | ||
| Ninnekah* | 30.75 | 531 | ||
| Bartlesville | 30.43 | 5,963 | ||
| Sand Springs | 30.31 | 5,064 | ||
| Yukon | 30.11 | 9,005 | ||
| Mid-Del | 29.93 | 14,207 | ||
| Enid | 28.61 | 7,803 | ||
| Tulsa | 28.38 | 38,509 | ||
| Norman | 27.90 | 16,289 | ||
| Chickasha | 26.94 | 2,195 | ||
| Mustang | 26.49 | 12,355 | ||
| Moore | 26.21 | 24,961 | ||
| Putnam City | 25.70 | 19,652 | ||
| Stillwater | 24.27 | 6,312 | ||
| Muskogee | 24.22 | 5,367 | ||
| Edmond | 24.08 | 25,619 | ||
| Western Heights* | 23.90 | 3,419 | ||
| Shawnee | 22.70 | 3,642 | ||
| Harrah* | 21.49 | 2,263 | ||
| Oklahoma City | 18.34 | 42,513 | ||
| * 2019-20 millage rate. | ||||
| Sources: School Districts, Oklahoma State Auditor, & Oklahoma SDE. | ||||
| Projected Post-Bond Election | ||||
| Comparison of Sinking Fund Millage Rates | ||||
| Projected | Oct. 2019 | |||
| School District | Millage Rate | Enrollment | ||
| Blanchard* | 53.80 | 2,053 | ||
| Newcastle | 42.19 | 2,336 | ||
| El Reno* | 40.18 | 2,911 | ||
| Deer Creek | 36.03 | 6,872 | ||
| Elgin* | 34.96 | 2,412 | ||
| Choctaw | 33.97 | 5,735 | ||
| Jones* | 33.97 | 1,123 | ||
| Bethany* | 33.86 | 1,730 | ||
| Bridge Creek* | 33.52 | 1,674 | ||
| Piedmont* | 33.16 | 4,535 | ||
| Tuttle* | 32.90 | 1,964 | ||
| Ninnekah* | 30.75 | 531 | ||
| Chickasha | 30.50 | 2,195 | ||
| Bartlesville | 30.43 | 5,963 | ||
| Sand Springs | 30.31 | 5,064 | ||
| Yukon | 30.11 | 9,005 | ||
| Mid-Del | 29.93 | 14,207 | ||
| Enid | 28.61 | 7,803 | ||
| Tulsa | 28.38 | 38,509 | ||
| Norman | 27.90 | 16,289 | ||
| Mustang | 26.49 | 12,355 | ||
| Moore | 26.21 | 24,961 | ||
| Putnam City | 25.70 | 19,652 | ||
| Stillwater | 24.27 | 6,312 | ||
| Muskogee | 24.22 | 5,367 | ||
| Edmond | 24.08 | 25,619 | ||
| Western Heights* | 23.90 | 3,419 | ||
| Shawnee | 22.70 | 3,642 | ||
| Harrah* | 21.49 | 2,263 | ||
| Oklahoma City | 18.34 | 42,513 | ||
| 1. Chickasha Schools projected levy based on projected growth in the District's Net Assessed Valuation. | ||||
| 2. Assumes tax rates for all other districts remain the same for illustrative purposes herein. | ||||
| * 2019-20 millage rate. | ||||
| Sources: School Districts, Oklahoma State Auditor, & Oklahoma SDE. | ||||
What is the projected impact to Taxpayers?
| Chickasha Public Schools | ||||||||
| February 2021 Restoring Excellence Bond Election | ||||||||
| Projected Increases to taxpayer based on market value of real property | ||||||||
| Real Property Taxable Market Value | ||||||||
| $50,000 | $100,000 | $150,000 | $200,000 | $250,000 | $300,000 | $350,000 | $400,000 | |
| Year | $15.75 | $35.00 | $54.25 | $73.50 | $92.75 | $112.00 | $131.25 | $150.50 |
| Month | $1.31 | $2.92 | $4.52 | $6.13 | $7.73 | $9.33 | $10.94 | $12.54 |
| Note: Figures above assume growth in the District's Net Assessed Valuation (NAV) of 1.50% next year and 3.00% annually thereafter. For additional information on the District's NAV or for any other questions please contact District Administration. | ||||||||