Nampa Financial Crisis
5:39 pm
Wed January 16, 2013

Nampa School District To Ask Voters For $4.3 Million To Fill Budget Hole

Credit jdog90 / Flickr Creative Commons

The Nampa School District will ask voters for an extra $4.3 million in March. The district’s board voted Tuesday night to ask for a one year supplemental levy to help fill its budget hole. The deficit was discovered last summer and blamed on accounting errors.

District financial officials say if voters approve the levy their overall tax rate will not go up. That’s because they believe the district will be able to refinance some its bond debt at a more favorable rate. That would decrease the taxes Nampa homeowners pay on the bonds to equal the amount they’d pay through the levy. The March election would add to a $1.6 million supplemental levy Nampa voters approved in September.