If approved by voters, a $128 million bond translates to about $30.00 per year for every $100,000 of assessed valuation. The assessed valuation refers to taxable value, not the market value of your home. The taxable value of your home or business will depend on when you purchased it. If Measure B is approved, the typical homeowner in our school district would pay about $143 a year, or $11.92 a month. You can visit octreasurer.com to look up your property’s assessed value. The final fiscal year in which the tax to be levied to fund this bond issue is anticipated to be collected is fiscal year 2060-61.