FREMONT – The fifth educational flyer regarding the Joint Law Enforcement Center has been released. The fifth flyer focuses on the cost to Fremont and Dodge County taxpayers.
It also discusses and compares what remodeling the current Fremont Police and Dodge County Sheriff’s Departments would cost rather than building the JLEC and if it is better to build the JLEC now or wait until a later date.
The flyer also includes a Q&A regarding common questions around the cost of the Joint Law Enforcement Center.
To view the full educational flyer click here
Fremont Residents
The cost calculations are based on an average property valuation of $150,000 and the bonds for the JLEC being spread across 15 years at a 2% interest rate.
For citizens who own property inside the City of Fremont, Fremont and Dodge County property
taxes apply.
When breaking down the cost, Fremont taxpayers would pay $79 per year in property taxes for the JLEC. Meaning Fremont residents would be paying $6.58 a month for the bonds on the Joint Law Enforcement Center.
- $60 in City of Fremont taxes per year
- $19 in Dodge County Taxes per year
Dodge County Residents Outside of Fremont
The cost calculations are based on an average property valuation of $150,000 and the bonds for the JLEC being spread across 15 years at a 2% interest rate.
For citizens who own property in Dodge County, but outside of Fremont, only Dodge County property taxes apply.
Dodge County residents would pay $19 per year or $1.58 per month on property taxes for the JLEC.
Length of Bonds
If the bonds are spread across 20 years at a 2% interest rate, instead of 15 years, the cost to property owners inside of Fremont would be $62 per year and Dodge County residents outside of Fremont would pay $15 per year.
The decision of whether to issue 15- or 20-year bonds will be made separately by the County Supervisors and City Mayor and City Council.
To view the full educational flyer click here
