The Randolph Public Schools bond levy is projected to be about 10.5 cents per $100 of taxable valuation, based on current valuations. Randolph Public Schools district includes portions of Cedar, Wayne and Pierce counties. That projected levy includes principal and interest that would be calculated for the 20-year life of the bond. For the purposes of the bond, agriculture land is assessed at 50 percent of market value, per state law. This chart uses the highest assessed value per acre within the district’s three counties. Courtesy Graphic
Bond issue impacts each taxpayer differently
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