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Increase cost to average family in Cabool - Tax Levy

posted by Cabool R-IV Schools
Assuming that the average fair market value of a home within the Cabool R-IV School District is $100,000 and that a typical family of four has two vehicles (three to four years old), the following calculation produces the cost associated with the $1.25 per one hundred dollars of assessed valuation increase: 

Home of $100,000: $100,000 x 19% Assessed Value / 100 x $1.25 = $237.50 

Two cars worth $5,000 each: $10,000 x 33.33% Assessed Value / 100 x $1.25 = $41.66 

$279.16 

This totals $279.16 a year or $23.26 a month.

**Please see the attached PDF for Cost Tables.**
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Cabool R-IV Schools,
Feb 23, 2017, 6:41 AM
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