Residents pay for general obligation (GO) bond projects with property tax.
In 2000, voters passed a $14.7 million GO bond to build the Stillwater Police station. This was a 20-year bond that will be paid off in 2020.
The dollar amount or length of a possible GO bond has not been determined. The chart below shows potential annual mill rates.
Using the tax calculator, input the value of your property to see the average increase of your annual property tax amount. These values are based on a passed $20, $35 and $50 million bond.