Future Moscow · Financing

How the Levy Works

What a Plant Facility Levy is, how it differs from a bond, and why the district chose this approach for these projects.

The Plant Facility Levy

A fixed annual amount, collected for a defined period, then it ends

A School Plant Facilities Reserve Fund Levy is a voter-approved property tax collected each year for a set number of years, restricted by law to facility purposes. The measure on the November 3, 2026 ballot authorizes up to $9,370,000 per year for seven years, for the fiscal years beginning July 1, 2027 and ending June 30, 2034.

Two features matter for taxpayers. First, the authorized amount is a fixed dollar figure, not a percentage — it does not rise automatically as property values rise. Second, it expires on its own. There is no automatic renewal; any future levy would require a new vote.

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Why it requires 60%. Idaho law sets the approval threshold for a plant facilities levy based on the size of the levy relative to the district’s taxable market value. This measure falls in the tier requiring approval by 60% of electors voting — a supermajority, though lower than the two-thirds a general obligation bond would require.
Pay As You Go — No Borrowing

The district builds with money it has, not money it owes

The proposed plan does not borrow. There is no bond, no lease-purchase, and no interest cost. District savings of $12 million are applied first, and construction then proceeds as levy collections arrive.

This has a real trade-off, and it is worth being direct about it. Paying as you go means construction is paced by cash flow rather than finished all at once. The high school conversion is phased across the term of the levy instead of being built in a single push. In exchange, taxpayers pay no interest, and the obligation ends in seven years rather than twenty or thirty.

What $52 million of interest would have bought. Financing the same $52 million over 30 years at 4.5% would add roughly $44 million in interest and keep the obligation on the tax rolls until 2057. The pay-as-you-go approach trades speed for cost.
Levy Compared to a Bond
  Plant Facility Levy General Obligation Bond
Voter threshold60%Two-thirds (66.67%)
Term7 yearsTypically 20–30 years
Interest costNone — nothing is borrowedSubstantial over the life of the bond
Annual cost to taxpayersHigher per year, for fewer yearsLower per year, for many more years
Construction pacePhased as funds are collectedFull funding available at issuance
District debtNone incurredLong-term debt obligation

Bond figures are illustrative. See the full comparison on the Budget & Funding page →

Common Questions

Does the levy automatically renew after seven years?

No. It expires June 30, 2034. Any future levy would require a new election and a new vote.

Does my payment go up if my property value goes up?

The levy is authorized as a fixed dollar amount, not a percentage. As total taxable value in the district grows, the rate applied to each property generally decreases, because the same fixed amount is spread across a larger base. Your individual bill still depends on your own assessed value relative to the district as a whole.

What does “up to” $9,370,000 mean?

The ballot authorizes a maximum. The Board sets the actual amount certified each year and may levy less than the authorized maximum. The cost disclosure on the ballot reflects the maximum, so it represents the highest amount a taxpayer would pay under this measure.

Can levy money be spent on anything the district wants?

No. Plant facility levy proceeds are restricted by Idaho law to facility purposes — construction, renovation, equipment, and related costs. They cannot be used for salaries, curriculum, or general operations.

What happens if construction costs come in higher than estimated?

The authorized levy exceeds the current estimated cost of the named projects, which provides contingency for cost increases. If costs still exceed available funds, project scope would be adjusted — the district cannot spend more than it collects.

What This Levy Funds

See what this costs a typical Moscow homeowner →

The following information is required by Section 34-914, Idaho Code:

The estimated average annual cost to the taxpayer on the proposed levy is a tax of $280 per $100,000 of taxable assessed value, per year, based on current conditions.

The proposed levy would be assessed for 7 years.