Tax Impact Calculator
for Lower Township

Lower Cape May Regional Schools
January 25, 2022 Special Election

"Building Excellence" Referendum
The Estimated Average Annual Tax change is based upon
a Bond Amount of $13,900,000,
State Aid for Debt Service of 40%
a Bond Term of 20 years, and a
Borrowing Rate of 3.25%
Assessed Value: 
$


Avg. Annual SAVINGS:
$



To use this Tax Impact Calculator, enter the Assessed Value of your
Land & Improvements (top box) as shown on your Tax Bill
from the municipal tax office.

Enter the Assessed Value as a whole number
without commas, dollar sign or decimal places.
e.g. enter 229150, not $229,150.
Then, click on the 'Calculate' button.

The estimated average, annual Tax Impact Savings,
on your property will show in the bottom box.

The savings are after approval of this referendum
and reflecting debt retirement,
.

Copyright November 17, 2021 by Interactive Dialogue