Idaho State Statutes - Idaho Attorney Directory

Notwithstanding any other provision of law, any taxing district which proposes
to submit any question to the electors of the district that would authorize
any bonded indebtedness shall provide a brief official statement setting forth
in simple, understandable language, information on the proposal substantially
as follows:
(1) The total existing indebtedness, including interest accrued, of the
taxing district;
(2) The interest rate which is anticipated on the proposed bond issue,
the range of anticipated rates, and the maximum rate if a maximum is specified
in the submission of the question; and
(3) The total amount to be repaid over the life of the bond issue based
on the anticipated interest rate, if the bond election is approved.
The verified, official district's statement shall be made a part of the
official ballot and be included in the official notice of the election.

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