HomeMy WebLinkAboutRPD Bond Mailer (2)POLICESTATION
CITY OF REXBURG
TO PAY FOR THE
CONSTRUCTION
LEARN BOND TAX
OF A NEW
POLICE STATION
MORE CALCULATOR
How will the bond effect your
tax bill? Use our tax calculator
to find your estimate.
www.rexburg.org/o/cor/page/bond-tax-
calculator
BOND
In the November 4th
Rexburg Municipal Election
www.rexburg.org/page/rpd-station-bond
10/15 @ 5:30 pm Town Hall Q&A
10/28 @ 4-6 pm Police Station Open House
DISCLOSURE
The interest rate anticipated on the proposed bond issue, based upon current market rates, is
three and ninety-two hundredths percent (3.92%) per annum. The total amount estimated to be
repaid over the life of the bonds, based on the anticipated interest rate, is $22,589,638, consisting
of $16,750,000 in principal and $5,839,638 of interest. The term of the bonds will not exceed
fifteen (15) years from the date of issuance.
The estimated average annual cost to the taxpayer on the proposed bond levy is a tax of $61.51
per $100,000 of taxable assessed value, per year, based on current conditions. As of November
4, 2025, the water system will have debt in the amount of $6,746,137 that is paid solely by water
utility revenues and not by property taxes. The City currently has no other general obligation debt.
Scan this QR code with your mobile
device’s camera to visit
www.rexburg.org/page/rpd-station-bond
Bond Purpose: To pay the cost of construction of a police
station facility, together with related improvements and costs.
City of Rexburg
35 N 1 Est
Rexburg, ID 83440