By Richard Bammer
Dixon Unified leaders, when they meet tonight, will be poised to pass a resolution to place on the Nov. 8 ballot a $34.5 million bond measure to upgrade aging schools.
Their expected approval comes after a district survey some weeks ago indicated enough support for the bond, which, by law, must at least meet a 55 percent “yes” threshold in order to pass.
If approved, property owners can expect a $41.55 annual rate for every $100,000 of assessed value, according to agenda documents. For a median-priced Dixon home of $250,000, it translates to roughly $100 to $115 per year.
Additionally, while bond sales would be expected to generate nearly $35 million, total costs of the bond would be $57 million over a 25-year period.