Property Taxes
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Decoding The School District Budget – Part 1: Where the Money Comes From
The Key Takeaway SoWashCo’s ongoing revenue comes from three sources: School district budgets can be intimidating. SoWashCo’s proposed 2026–27 budget contains hundreds of line items spread across multiple funds, with total revenue of approximately $444 million. Understanding where that money comes from (and what restrictions come with it) is the first step toward understanding the…
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What Home Prices Suggest About the Value of SoWashCo Schools
The Key Takeaway In this comparison, identical new homes from the same builder were advertised at prices approximately $60,000 higher in Cottage Grove and $80,000 higher in Woodbury than in Farmington due to something called “Location Value”. Location value includes many factors, and the three communities are not perfect substitutes. Still, the consistent premium in…