District in Idaho seeks $104 million bond

Thursday, June 12, 2014

Meridian School District will ask voters to approve a $104 million bond that would include construction of three new schools as the district braces for enrollment growth approaching pre-recession levels.

The bond would cost Meridian District taxpayers $2.42 per $100,000 of taxable value. But Meridian's overall levy for bonds, a plant facilities levy and a supplemental levy would drop from $438 per $100,000 of taxable value to $399, because property values have increased 18.5 percent in the district, school officials say.

A two-thirds majority is needed to pass the bond.

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