Statewide Adverstising

Sibley East taxes, debt are the lowest in the area

July 29th, 2010

According to information provided by Ehlers, the Sibley East School District pays the lowest school taxes among districts in the surrounding area.

For school taxes payable in 2010 on an $80,000 home, residents in the Sibley East District pay $181.12. Other area districts pay from $195 to $375. Total school taxes, payable in 2010, on a $400,000 ag homestead for Sibley East are $311. Other area districts pay from $324 to $1,046.

Sibley East currently has no debt service, and has not paid any from 2006 to 2010. Total debt service paid by area districts from 2006 to 2010 on an $80,000 residential homestead range from $23.23 to $1,150.57 for area districts. Area school debt service taxes paid on a $400,000 residential homesteads range from $74.34 to $3,681.84.

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