SWEET HOME FIRE GENERAL OBLIGATION BOND 2016 FACT SHEET
In 2006 the voters passed a 10-year bond for $1,800,000 at a rate of approximately $0.36 per $1,000 of assessed value.
The last payment for the 2006 bond will be paid by the taxpayers this November 2016 at an estimated rate of $0.23 per $1,000 of assessed value.
In May 2016 the voters will vote on ballot measure 22-140 which proposes a 7-year general obligation bond for $1,575,000 at an estimated rate of $0.31 per $1,000 of assessed value.
If the 2016 bond passes, the first payment would be an interest only payment of $0.05 per $1,000 of assessed value and would be paid by the taxpayers in November of 2016. This would be in addition to the final payment of the 2006 bond as stated above at $0.23 bringing the total cost to the taxpayers for 2016 to $0.28 per $1,000 of assessed value for this year only.
Beginning in 2017 and ending in 2023 the proposed bond would cost taxpayers an estimated $0.31 per $1,000 of assessed value. This would be approximately $0.05 per $1,000 less than what the tax payers are currently paying.
If passed the bond would be used toward the funding of the following:
- A rescue unit
- Two ambulance
- A pumper/tender
- An incident command vehicle/ brush engine
Emergency Response Equipment:
- Self-contained breathing apparatus (SCBA a.k.a. air packs)
- Hydraulic auto extrication tools
- Emergency communications equipment
- Ambulance cots
- Replacement of the roof at the Crawfordsville station
- Addition of one engine bay at the Foster station
- Addition of a shop building at the main station to house apparatus
- Upgrade of the living quarters at the main station, including the kitchen