the cost
Investing in the Future of Austin Public Schools
The district has worked carefully to ensure that the $66.7 million bond referendum addresses our biggest needs and reflects residents’ priorities. If approved by voters, these investments would be supported by a property tax increase starting in 2026.
Calculate your estimated tax impact
Your individual tax impact will depend on the value of the property you own. For a median home valued at $200,000, the monthly property tax increase would be $16 per month starting in 2026 ($13 for Question One and $3 for Question Two).
paid by the State of Minnesota
Tax Relief for Farmers
To reduce the impact of a bond referendum on owners of farmland, Minnesota’s Ag2School Tax Credit offers a 70% tax credit to all agricultural property except the house, garage, and one acre surrounding the agricultural homestead. This is not a tax deduction – it is an automatic dollar-for-dollar credit, with no application required.
Through the Ag2School tax credit, the State of Minnesota will pay about $8.6 million (or 13%) of the project, if approved by voters.