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. |