TAX ALERT!
	From The Utah Taxpayers Association
	1578 West 1700 South #201, Salt Lake City, Utah 84104 PH 972-8814 FX 973-2324

June 25, 2006

To: Taxpayers in Tooele School District

Re: Proposed Bond

As part of the primary election on Tuesday, June 27, Tooele School District voters will be asked to approve or reject a $58 million bond to pay for the construction or renovation of 11 schools as part of a ten year building plan. Voter participation is expected to be about 10% of registered voters. Your Taxpayers Association is seeking legislation to require these types of tax proposals to be decided only during the November election when voter turnout is higher.

The School board is proposing the bond to address the safety and growth problems the school district is facing.

Tooele County North High School -- $45.5 million

Tooele County Elementary -- $12 million

Although the tax rate is not projected to increase with the passage of the bond, the chart below shows the tax impact of the bond compared to what the tax would have been if the district simply did not issue new debt. Also, since property values increase periodically, property taxes will increase over time even though the rate is not projected to increase.

The tax impact of the bond on residential and business properties is as follows:

*Primary residences receive a 45% exemption

Your Taxpayers Association has studied the proposal and met with district officials to discuss the building needs of the district. Residents of the district who know the condition of existing buildings and the need for new buildings should weigh that knowledge in light of the tax increases being proposed.

Please make copies and distribute them to other voters in the district.