A final cost projection by firm Fiscal Advisors & Marketing Inc. shows that the total yearly cost to RCS taxpayers of Proposition 1 - the EXCEL proposition - going before voters on Oct. 9 would fluctuate between  $1,577 to $6,409 after a first year payment of $38,290.

Those figures represent the cost of the proposition to the entire RCS district. The cost per $1,000 assessed property value would be less than a penny for 14 of the years and an average of 4 cents per $1,000 for the first year.

The money would be used to pay the interest costs of the
$2.35 million proposition. The work called for in the proposition would be funded through a one-time state aid program called EXCEL (Expanding Children’s Education and Learning), which would be combined with standard state aid.

The entire local cost for the project by year follows:

      Year                 Projected total local cost

• 2011                 $38,290
• 2012                 $6,436
• 2013                 $2,717
• 2014                 $3,889
• 2015                 $4,842    
• 2016                 $5,577
• 2017                 $6,092
• 2018                  $6,389
• 2019                  $1,577
• 2020                  $1,655
• 2021                  $6,405
• 2022                  $5,827
• 2023                  $5,030
• 2024                  $4,014
• 2025                  $2,780     
   

While work on the project would begin prior to 2011, that is when the district would begin making payments on the work as a result of the state aid formula.