Trustees vote 4-1 to float $35.5M bond
The Coeur d’Alene School Board voted 4-1 in favor of bringing a $35.5 million bond to voters in March.
The bond, which must be paid off within 15 years, needs a 66.66 percent vote in order to pass.
The Coeur d’Alene School District will now be asking local taxpayers for money twice on the March ballot; the $35.5 million bond and the $32 million supplemental levy the board, during its December meeting, decided to run.
Trustee Tambra Pickford made the motion to approve the bond Monday night and Trustee Dave Eubanks seconded the motion. Trustee Tom Hearn and Board Chair Casey Morrisroe chimed in saying this is the right time to run a bond because it won’t raise tax rates, the money would be used for items the district needs, and they believe the community will support it.
Trustee Christa Hazel had the dissenting vote/Bethany Blitz, Coeur d'Alene Press. More here.
Question: Will the levy and the bond on the same ballot prove too much for voters.
