How will Wood River-Hartford use CSFT revenue?
Within 5 years of passing the CSFT, 50% of CSFT will be used to reduce property taxes for the residents of Wood River-Hartford School District. Homeowners could see anywhere from $90-$180 a year in reduced property taxes.
CSFT revenue will also mean that Wood River-Hartford School District would not see a need to sell Health/Life Safety bonds anytime in the foreseeable future and possibly pay off existing debt that would allow for savings in interest costs.
CSFT will also be used for the following expenses:
- Safety updates (cameras, locking systems, disabled access, etc.)
- Electrical needs
- Lighting needs
- Gymnasium maintenance
- Technology Infrastructure
- Restroom/Locker Room Renovations