Referendum Project Cost
The Board of Trustees has authorized a referendum package for the proposed projects not to exceed $48.8 million. These costs include new construction, renovations, site work, equipment, furnishings, professional services, permits, and fees. The projected tax impact on property owners is estimated to be $8.55/year* per $100,000 of property value.
Phase 1
1. River Falls Property Acquisition
2. Automated Fabrication Lab (MEC)
Phase 2
3. Transportation Center
– Equipment Storage Facility
4. ESEC Addition
– ESEC Remodel
Phase 3
5. Menomonie Entrance
– Menomonie Commons, Office
6. River Falls – South Education Center
7. Chippewa Falls Campus
Total Cost not to exceed
$48,800,000
Referendum Amount:
not to exceed
$48.8 Million
Impact Per $100,000 of Property Value:
Estimated tax increase of $8.55/year*
How much will my taxes go up?
Choose Your Property Value
$100,000
TAX IMPACT: | $0.71/month |
* Assumes multiple borrowings amortized over 21 years using planning interest rates of 3.75% - 4%. Estimated impacts are based on 2018 Equalized Valuation (TID-OUT) of $24,723,807,042 with no annual growth thereafter.