Costs & Funding

NOTE: The final ESTIMATED Project Scope & Budget document will be submitted to the MSBA for approval on August 31, 2023. This will be the amount used by the Town Council to appropriate the funding for the SCHOOL project, "by borrowing."  The voters will vote to  authorize, yes or no, the EXCLUSION of that borrowing cost from the limits of Proposition Two and a Half. 

Costs and FundingTotal SCHOOL Project Cost, ESTIMATED as of August 10, 2023. The figures are adjusted from July's estimate based on  value engineering.  The town's anticipated share is reduced.

$177,500,000    Town Share (Est):   $115,500,000

Tax Impacts 5-18

Tax Impacts (Click to enlarge)

The impact of annual borrowing for the SCHOOL PROJECT on Average Single Family Tax Bills and/or on the Tax Rate.