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Current School Capital Policy <br /> 93-94 <br /> 80% of Article 40 Sales Tax Funds 2,101,600 <br /> 60% of Article 42 Sales Tax Funds 1,576,200 <br /> 2 cents on the Property Tax Rate 864,000 <br /> $800,000 in Property Taxes 800,000 <br /> Less 1988 Debt Service (2,155,702) <br /> Less 1977 Debt Service (580,050) <br /> Total County for CIP Projects $2,606,048 <br /> PSBF 381,190 <br /> Total $2,987,238 <br /> - 3 _ <br />