General Obligation bonds are a way to finance construction. Helena Public School’s bond rating allows it to receive low interest rates on debt for capital expenditures. If approved by the voters, Helena School District #1 will issue $70 million in bonds.
Based on an average residential property taxable value of $100,000, it would increase a homeowners property taxes by $64.51 in 2015.
Property tax information can be found on the Montana Department of Revenue website.
For more information view the Mill Levy Impact Analysis