Twin Falls Schools will Seek Nearly $74 Million Bond
TWIN FALLS, Idaho (KLIX)- The Twin Falls School District announced it will ask voters for a $73,860,000 bond levy in 2014. According to the district if the bond levy is passed Twin Falls will see two new elementary schools, a new middle school, and a 450 student capacity expansion of Canyon Ridge High School. In addition improvements would be made to Twin Falls High Schools HVAC, fire protection, roof repair and new windows.
The district says the bond is needed to meet growth of the district. In the last ten years they've seen a 1.5% to 4% growth rate in students. The school district predicts to see 3,000 new students by the year 2020. Twin Falls schools are currently at or near capacity and are expected to soon be overcrowded.
If voters decide to pass the bond levy, estimated property tax increase would be $.66 per $1,000 of property value. For a home worth $150,000 would see about $4.13 increase in property taxes. Again the bond levy needs at least a 2/3 majority vote to pass.