Empowering Our Community:
Understanding the Proposed Library Bond
Our beloved public library is a cornerstone of our community, providing essential resources, learning opportunities, and a vibrant gathering space for everyone. To ensure our library can continue to serve you effectively for generations to come, we are proposing a bond initiative.
The proposed bond aims to finance $16,865,795 for critical library improvements. These funds will allow us to modernize facilities, expand collections, enhance technology, and create more accessible and welcoming spaces for all residents.
Your Estimated Tax Impact: A Clear Look
We understand you’ll want to know how this bond might affect your property taxes. To provide a clear and transparent estimate, we’ve developed this easy-to-use calculator. Based on current market conditions and a conservative estimated interest rate of 5.25% for a 30-year bond, this tool will help you determine the estimated annual cost to homeowners. Your calculation will be based on the 2026-27 Fair Market Value (FMV) as assessed by Nassau County.
How to Use the Calculator:
- Find Your FMV: Locate your home’s Fair Market Value as assessed by Nassau County. You can find this on your General Tax Bill or by visiting www.mynassauproperty.com.
- Enter Your Value: In the box below, simply enter your home’s FMV (e.g., for $750,000, enter
750000). - Calculate: Click the “Calculate My Impact” button to see your estimated annual cost.
Need Assistance? We’re Here to Help!
If you have any questions about this calculator, need help finding your assessed value, or want to understand the results for your home, please don’t hesitate to reach out.
Contact Library at:
projectplainedge@plainedgelibrary.org
Phone: (516) 735-4210
