What Will the Bond Cost Taxpayers?
Annual cost to homeowners will be 27 cents per $1,000 of assessed value.
Keep in mind that assessed value is usually much less than the sales value of a home. Therefore, if the bond passes, a person owning a home assessed at $150,000 will pay $40.50 per year, which is less than what many pay for just one month of phone service.
Chemeketa Bond Levy: Where Does $92 Million* Go?
*The Oregon State Legislature will provide $6.5 million dedicated to the Health Sciences Building, which makes the total project $98.5 million.