CDA Fire Department Open House Meeting on April 23 at 6:00 p.m.

Reminder: our next public discussion about the proposed bond for fire and emergency services will take place on next week, April 23^rd at 6PM at Station 2. We highly value and encourage feedback from our community about this initiative. We look forward to another productive discussion with our Coeur d’Alene citizens.

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.