Just how much will a new city pool cost property owners if voters approve a tax referendum in November? Kings Financial Consulting has generated price tag for the $3.5 million bond levy. A home with a value of $50,000, the additional tax would be $35.20 a year. For a $75,000 house, the increase would be $62.70 a year while a $100,000 home would see an increase of $90.20 a year in property taxes. For a $150,000 home, the increase would be $145.20 a year; a $200,000 house would be $200.20 a year extra and a $250,000 house would be $255.20 extra annually.
Mayor Joe Judge reported at Monday’s City Council meeting that a pool advisory committee has been formed….
If approved, the tax increase would be for 20 years.
