The Reynolds School District estimates that the proposed bond, if passed, would maintain the existing tax rate property owners in the district are currently paying by $1.62 per $1,000 of taxable assessed value. For example, a property owner in the Reynolds School District with a median assessed value of $238,630 (which different than real market value/Zillow) would continue to pay approximately $32.21 per month or $386.58 per year.
General obligation bond funds, and all district finances and expenditures, are subject to accountability measures including regular audits and School Board and citizen Budget Committee oversight to ensure funds are used as intended.
What would happen if the measure does not pass?
The projects outlined on this website would not be completed and the current tax rate would not be renewed.
