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South Kent News

Tuesday, May 7, 2024

Caledonia Community Schools Supplemental Bond Proposal

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Zero tax rates | Caledonia Community Schools fb

Zero tax rates | Caledonia Community Schools fb

This proposal will not raise tax rates. 

The Caledonia Community Schools Supplemental Bond Proposal is a fiscally responsible proposal that will allow CCS to complete the vision of the 2020 bond without increasing existing property tax rates. The supplemental bond proposal would simply extend the school debt repayment from 2050 to 2055, without raising tax rates for residents. 

Currently, the 2020 Bond is set to be entirely paid off during the 2050 fiscal year. 

Original source can be found here.

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