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Twin Falls School Board Ponders Possible Bond
Twin Falls, Idaho ( KMVT-TV / KTWT-TV ) School districts in Magic Valley are seeing more and more students in their classrooms every year. That means schools are going to need more classrooms.
You may have been one of the 450 people in the Twin Falls School District who took part in the recent survey about the increasing number of students. Three-fourths of the people contacted knew about the current growth.
Rich Bauscher, Consultant with Hummel Architects, says, "The feedback was real positive. The district is looked on in a positive light, that their facilities are needed to be enhanced and increased. People were aware that the Twin Falls School District has had 2% growth during the past two to three years, and will continue that."
That’s why the Twin Falls School Board has been deciding whether or not to put a 25 year 74 million dollar bond on the March ballot. If passed, the bond would pay for two new 650 student elementary schools, and a middle school for 1,000 students, as well as an addition for 480 students to Canyon Ridge High School, and upgrading security equipment at all schools.
Eric Heringer, Managing Director at Piper Jaffray & Co., says, "The tax rate of 66 cents per $1,000 of value. On a $150,000 home, with a homeowner’s exemption, once you factor all that in, the annual cost increase is just under $50."
Bauscher says, "Overall, I think it was a good green light for the district, saying that the people are supportive out there. There’s been much more positiveness than negativeness toward their scope."
The Twin Falls School Board heard presentations on the survey and the updated tax impact numbers. They'll make their decision whether or not to pursue the school bond levy at their next meeting on November 11th.
October 30, 2013.