Kootenai County Assessor's Resources
DISCLOSURES
BOND: The interest rate anticipated on the proposed
bond issue, based upon current market rates, is three and
twelve hundredths percent (3.12%) per annum. The total
amount estimated to be repaid over the life of the bonds,
based on the anticipated interest rate, is $19,444,750,
consisting of $16,400,000 in principal and $3,044,750 of
interest. The term of the bonds will not exceed ten (10)
years from the date of issuance.
The estimated average annual cost to the taxpayer on the
proposed bond levy is a tax of $16.07 per $100,000 of taxable
assessed value, per year, based on current conditions.
As of May 20, 2025, the total existing bonded indebtedness
of the City, including interest accrued, is $865,019.