Building Project
REGIONAL DISTRICT#10
SERVING THE TOWNS OF BURLINGTON AND HARWINTON
PROPOSED PROJECT COSTS TO TAXPAYERS @ $22,400,000
Property Property
Burlington Value Assessment Estimated Annual Tax Impact**
150,000 105,000 $184
250,000 175,000 $305
350,000 245,000 $428
Property Property
Harwinton Value Assessment Estimated Annual Tax Impact**
150,000 105,000 $180
250,000 175,000 $300
350,000 245,000 $419
The tax burden from Region 10 is shared based on the number of students enrolled from each town. Bonds are issued for only the townâs portion of the project for a 20-year period. Actual
Bond rates are based on interest rates at the time of borrowing. Property taxes are affected by the grand list, population growth, and the budgets of the towns.
THE ACTUAL TAX IMPACT WILL NOT BE DETERMINED UNTIL EARLY FALL. THESE FIGURES ARE ONLY ESTIMATES.
8/26/03
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