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Lake Ridge Elementary School

2025 NSD Replacement Supplemental Levy Overview

Posted Date: 10/16/25 (4:45 PM)

A gold star-shaped logo against a white background.

2025 NSD Replacement Supplemental Levy

VOTE: November 4, 2025

Video Overview

Video Overview Translated via Artificial Intelligence

A graphic displays financial data, including levy amount and tax relief.
A graphic shows individual property tax impact with levy comparisons and savings.
Please visit our website for more information on the upcoming 2025 Replacement Supplemental levy:
2025 NSD Levy Website

Levy Tax Information

The estimated average annual cost to taxpayers for the proposed levy is $113.91 per $100,000 of taxable assessed value, per year, based on current conditions. The proposed levy replaces an existing levy that expires on June 30, 2026, which currently costs $63.27 per $100,000 of taxable assessed value.

However, with the $10,808,529 provided through the State of Idaho property tax allocation via HB292 the district would actually collect an estimated $5,991,471 per year from local property taxes. If the proposed levy is approved, the tax per $100,000 of taxable assessed value is expected to decrease by $22.64—to $40.63 per $100,000 of taxable assessed value, per year, based on current conditions.

In summary, the overall levy collected would be $5,991,471 with an estimated average annual cost to taxpayers of $40.63 per $100,000 of taxable assessed value, per year, based on current conditions if the levy is approved.