CDA Fire Department Open House Meeting Today!

Please join us today at 6 PM at Station 2 for our public discussion about the proposed bond for fire and emergency services. We look forward to hearing from you, answering community questions and engaging in discourse about this critical bond, which we hope to pass via citizen vote on May 20, 2025. Station 2 is located at 3850 N Ramsey, Coeur d’Alene, ID 83815.

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.