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low of $3,577 in the 20th year. With each cent on the tax rate currently generating $22,000, the county’s first year payment of principal and interest would tack seven cents on the rate. Assuming the county’s tax base remains the same, repayment of the RCHS construction loan would add six cents to the rate by the tenth year; by the 15th year, five cents on the rate, and by the 20th year, less than four cents on the rate.
As to the decline in high school enrollment over the past five years, “this project was not initiated on the basis of enrollment,” said Mr. Esta
93.5%