If the voters of Berkeley County approve the school bond at the countywide general election to be held on November 8, 2022:
Class II Residential Homeowner
Could expect to pay up to $14.50 per month* for an owner occupied home appraised at $200,000.
Class II Residential Homeowner if Homestead Exemption applies
Could expect to pay up to $12.08 per month* on an owner occupied home appraised at $200,000.
Assumes a par amount of Bonds of $124,940,000, a term of 15 years and 3 months from the date of issuance of the Bonds, and an interest rate of 5.75% per annum. $200,000 of Appraised Value
*This is a monthly rate based upon the bond election rate not to exceed 5.75%. Market rates are currently lower than the stated maximum rate.