Tax Implication
The new tax analysis posted differs slightly from the one presented in the review and comment due to the changes in the interest rates since the November election. The new rates have some cushion in them to make sure that if rates continue to rise, we have a reasonable expectation of still meeting the estimates.  However, if rates stabilize, the tax impact could end up being lower than the projections. The numbers aren’t dramatically different, even with the higher rates. 
 

Approval of the question would cause an increase in taxes for 20 years, beginning in 2018.

To determine the estimated impact of the proposed ballot question on your 2018 taxes, either view the tax impact for sample property types and/or the tax implication calculator.

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