That's another point that the board, county board's going to have to weigh in on. What's the appropriate increase and what does that contract look like? But what does it mean for that taxpayer specifically, If it was approved just as a $3.5 million property tax, it would mean approximately, on a $400,000 home, a 50 increase. and it would mean approximately 12 cents per thousand. I anticipate that that number will come down a little bit, whether that's from other revenue sources or it's just reduced. (16:30–16:41)
CLAIM
Asserts that the $3.5 million property tax would increase taxes by approximately $50 on a $400,000 home.
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