Arthur CUSD #305
 
 
 
 
 
 
 
Enter "Fair Market Value" on your most recent property tax bill
 
Are you eligible for a Homestead Exemption?
Are you eligible for an additional Senior Citizen Exemption?
 
Est. 2023 Property Value
Total Assessed Value (33.3%) Estimated
State Equalization Multiplier
Homestead Exemption
Sr. Citizen Exemption
Any other exemptions you are entitled to (Input number directly in cell)
Net Equalized Assessed Value
   
Estimated Annual Real Estate Tax Payment on Proposed Bond
Year 1-2 Payment
Year 3-20 Payment
Based on 20-year payback and estimated average annual Equalized Assessed Valuation (EAV) growth of 0%, as per the District. 
 
Note: These figures do not include what taxpayers, who live in the former Atwood-Hammond School District, are paying to retire debt on Atwood Elementary School. By the time of bond financing for this current proposal, the debt on Atwood Elementary will be retired in less than two years. This does not include property taxes paid for other District purposes and to other governments (e.g. city, township, county, fire protection, community college district, etc.). Actual tax rates and payments may vary based on District-wide EAV growth, individual homeowner reassessment, State Law changes, property tax rate initiatives, and other factors.