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Tax Impact

If approved, the 2025 operating levy would add an estimated $45 per month ($534 per year) in school-related property taxes for the owner of a $350,000 home starting in the 2026–27 school year.

However, as previously approved bond levies expire In future years, the overall school district property taxes are expected to decrease. For example, 

  • In 2027–28, a bond levy will expire, reducing taxes by about $34 per month ($407 per year).
  • In 2030–31, another bond levy will expire, reducing taxes by about $58 per month ($691 per year).

 

 

The chart provides a visual representation of these expiring levies and how it would impact the monthly property tax for a typical $350,000 home.

Tax Impact Graphic

How the Operating Levy and Debt Payoff Affect Taxes

Estimated property tax changes by property type and value if the 2025 operating levy is approved.

OpRef25TaxImpVOTE-Farmington (PDF)

This chart shows the estimated property tax change for different property types and values if the 2025 operating levy is approved. The estimates reflect only the proposed referendum levy and do not include other taxes.

Projected property tax decreases in 2027 and 2031 when existing school district debt is paid off.

FutureDebtReductions (PDF)

This chart shows projected property tax decreases for different property types and values when existing school district debt is paid off in 2027 and 2031. These decreases are based on the district’s bond payments and will occur regardless of the referendum outcome