Tax Info
![tax information graphic](https://3.files.edl.io/3d7f/23/04/14/130659-2467ad86-ff76-440c-97bf-d2a716051ff8.png)
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How will the bond impact the current tax rate?There will be no tax increase. The Seminole Board of Trustees is committed to no increase to the current $.13 tax rate.
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![tax rates by year](https://3.files.edl.io/2cf9/23/03/31/160301-68d4f6e6-9291-4055-995d-0e1ee558918e.png)
![perception vs reality graphic](https://3.files.edl.io/6565/23/03/31/160235-8a855cf3-678e-4a84-9006-64d419bd9ff3.png)
How will these funds be impacted by recapture?
Every dollar generated by the bond will stay in Seminole with NO Recapture to the State. This proposition will save over $7.5 million in Recapture had it raised the same amount through the M&O rate.