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COST TO TAXPAYERS

Canyon County will hold a jail bond election on May 21 asking voters to approve up to $187,000,000 for the purpose of providing for the acquisition, construction and equipping of a new jail facility. The anticipated interest rate of the 20-year bonds is 3.47%.

The estimated annual cost to taxpayers is $94.43 per $100,000 of taxable assessed value. For example, Person A lives in a $200,000 home with a homeowner’s exemption, so Person A has an assessed value of approximately $100,000.  Person A would pay an additional $94.43 per year in property taxes.  

 

$94.43 per year

$7.87 per month

$1.82 per week

$0.26 per day

 
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