The May 20, 2025 bond election will determine how Coeur d’Alene invests in its fire and emergency services. Make sure you're informed and ready to cast your vote. Every decision helps shape the safety of our beautiful community. For more information, please see our website and check out our previous and upcoming posts regarding this proposed bond.
To learn more about the bond, please visit us at: http://cdafirebond2025.org/
Financial Disclosure
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.