Bond Issue Cost Figures
Building
High School
Middle School
Elementary School
Education Center
Construction Cost
FFE (Furniture Fixtures, Equipment)
Construction & FFE Cost
Land Acquisition
Work Completed to Date (allsites)
Total Cost
Less Insurance Proceeds
FEMA & State Contribution
USD 473 Portion of Costs
(includes paving, landscape, and other costs not covered by FEMA)
FEMA Money
To receive FEMA money we must replace what we had. If we build anything extra, the district is responsible for 100% of that cost. We also are mandated to comply with the 500 year flood plane
FEMA WILL NOT PAY 100% OF THE COST IF THE BOND ISSUE IS NOT PASSED
Cost per home per year with a 6.8 mil increase
$50000 home $39.10/yr
$ 100000 home $78.20/yr
$ 200,000 home $156.40/yr
Cost per ComMercial Business per year with 6.8 mil increase
$50000 business $85/yr
$ 100000 business $170/yr
$ 200,000 business $340/yr
Agricultural Annual Property tax per 160 Acres based on use value
Dry Crop Land
$50.11/yr
Irrigated Crop Land
$62.96/yr
Grass Land
$19.65/yr
Itemized detail of rebuilding costs
Sq.ft.
142,976
101,126
69,851
6,310
6.89%
Total Est. Cost
$24,801,182
$17,944,858
$14,136,084
$1,247,020
$58,129,144
$4,000,000
$62,129,144
$200,000
$6,000,000
$68,329,144
($20,294,714)
($39,829,265)
$8,205,165
