“Zero Mill Tax Rate Bond” – November 5, 2019 Election
On Monday, August 5th, 2019 the Three Rivers Community Schools Board of Education voted to place a $61,345,000 bond proposal on the ballot for the November 5, 2019 election. This proposal will be a ZERO MILL TAX RATE BOND. It will be an extension of the current mills (4.9) the District is levying for 10 years to generate the necessary funds (approx. $61,350.00) to improve and update our facilities and sites.
The decision to move forward with a bond proposal was based on the district’s 15-year Facility and Site Master Plan. This bond will allow us to improve, renovate, and construct new our most urgent facilities and site needs that were identified in the master plan.
The documents below outline the projects to be completed over a nine-year period of time. We have also included a graphic that will provide you the financial picture of this “Zero Mill” Tax Rate Bond.
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