What it will cost

How much is being asked?    
Estimated maximum cost of the bond measure is 39 cents per $1,000 of assessed value – which comes to just $8.13 a month for a median-priced home. This proposed $249.8 million bond is the principal source of funding for a carefully planned six-year capital needs program. In addition, $13.2 million in impact fees on new development will be collected and $68.2 million will come from the State.
An important phrase is “estimated maximum cost”. Depending on a number of factors such as favorable interest rates, rise in property values, and new residential and commercial construction, the actual cost to homeowners could be less!

Is this a good investment?     
Absolutely. Besides the obvious life-time of educational benefits for kids and parents, there’s an immediate and substantial economic benefit for our larger community. Construction dollars will be spent right here, right now in Clark County – helping to offset locally the national
slowdown in the economy.

Why now?     
Putting off essential fixes is a very expensive luxury. Over the last several years, construction costs have soared, driven by a worldwide hunger for building materials. Conservative estimates warn us that every year of delay could add more than $20 million dollars per year in increased expenses.

How to calculate your costs:      Example Calculation      a.) Enter the assessed value of your property b.) Divide by 1,000 c.) Multiply b.) by 39 cents d.) Your costs per year e.) To calculate your cost per month     divide d.) by 12                                   $_________ _________    _   X .39  _________ _________ $250,000      250      X   .39      $97.50      $8.13