Return to Headlines
What will the building cost each town?
- Total Project Budget $52.2 million
- Estimated MSBA Reimbursement $12 million
- District Share $40 million
- Apportion Split Between
- Manchester 67%
- Essex 33%
- Estimated Annual Cost to Towns (30 Yr. Bonds @ 5%)
- Manchester $1.7 million
- Essex $850,000
- Cost Per Household (median)
- MBTS $530/yr
- TOE $478/yr
- Estimated Tax Impact (based on Fiscal 2019 rates)
- MBTS: $72/100k of assessed value
- TOE: $105.40/100k of assessed value