Getting a complete financial picture of the ISD  197 bond referendum

To the Editor:

On May 8 there will be a vote on a referendum for School District 197 in the amount of $117 million. The primary fliers put out by the school district regarding financing did not cover what I believe are some important facts. The fliers stated the amount of the referendum, $117 million, and the impact on property taxes for the year 2019 if it passes: a home valued at $237,000 will see an annual property tax increase of $87. 

Here are some additional facts: The referendum runs for a period of 22 years. The payment for the new referendum for the year 2019 is an interest-only payment, thereby lower than the next 21 years. Using the home value of $237,000, here are the annual property tax costs for the new referendum, as I was told by the district. From 2020 to 2024, $180.

From 2025 to 2040, $324. There are other levies in play for the school district that may cause property taxes to go up or down. 

I support our schools and I know they need financial support. My only point here is that I also believe the people who are being asked to pay for the referendum should have a complete financial picture. 

Pat Hinderscheid, Mendota Heights


Vote ‘yes’ May 8 for the ISD 197 bond

To the Editor:

Vote “yes” to allow our schools to catch up on needed repairs and to make sure our schools don’t lag behind others in the area. If you question the need, please look at the videos posted of the school facilities or call to set up a tour. There are behind-the-scenes videos and details posted at www.isd197.org/about/bond. The cost is low, only $7 a month for a $200,000 home, and the rewards are high. Our kids and property values are counting on your “yes” vote on May 8.

Julie Lyford, West St. Paul

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