The Buchanan Community School District is attempting to get a $19.5 million bond passed that would pay for numerous school improvements. Assuming the bond makes it to the ballot, the bond would be up for vote on Feb. 25.

Below is a chart with information provided by the Buchanan School District explaining the financial impact the bond would have on property taxpayers. The chart shows how much more a month a property owner would pay in taxes based on the taxable value and market value of the property.

Financial Impact of Buchanan Bond

Taxable value Market value Monthly cost

$50,000          $100,000       $5.42

$60,000          $120,000       $6.50

$70,000          $140,000       $7.58

$80,000          $160,000       $8.67

$90,000          $180,000       $9.75

$100,000       $200,000       $10.83

$110,000       $220,000       $11.92

$120,000       $240,000       $13

$130,000       $260,000       $14.08

$140,000       $280,000       $15.17