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Bond Tax Impact - Value for Taxpayers

This bond plan maximizes value for taxpayers.

The McPherson community told us that fiscal responsibility is very important. Timing this bond now helps get the most out of taxpayer dollars.

Over the last five years, school construction costs have increased between 40% and 55%, meaning waiting only makes projects more expensive. A project that cost $300 per square foot in 2020 now costs $450 per square foot or more. Every year of delay on a $90M project costs $8M more.

Here’s how it affects taxes:

  • Question 1: Uses the mill rate already being paid for an existing bond. Passing this question will not increase the current tax rate.
  • Question 2: Requires a modest increase of 4.75 mills. For a median $200,000 home in McPherson, that’s about $9.10 per month.

This is a unique opportunity to improve every building while keeping the impact on taxpayers as low as possible.

For more details, visit: https://www.mcpherson.com/apps/pages/March2026Bond

Making these smart financial decisions helps create strong schools and support inspired students across the district.