Filer School District
Bond Proposal

This bond will provide the necessary funding to ensure our students have safe, crucial, and effective learning environments. With continued growth in our community, these upgrades will help maintain the high-quality education that Filer families expect and deserve.
Why it matters:
- Enhance Educational Facilities
- Improve Student Safety
- Support Community Growth
Less Congestion on the Highway:
Moving student access points away from Highway 30 reduces pedestrian and vehicle congestion, making the area safer for everyone.
Improved Drop-Off & Pick-Up Zones:
A new school design will include dedicated areas to safely separate buses, cars, and pedestrians, reducing highway crossings.
Consolidated Campuses:
With three schools sharing the same campus, bus pick-up and drop-off routes will be more efficient, reducing unnecessary trips and increasing student safety.
Frequently Asked Questions
The interest rate anticipated on the proposed bond issue, based upon current market rates, is three and ninety-three hundredths percent (3.93%) per annum. The total amount estimated to be repaid over the life of the bonds, based on the anticipated interest rate, is $76,005,250, consisting of $52,000,000 in principal and $24,005,250 of interest. The term of the bonds will not exceed twenty (20) years from the date of issuance. The estimated average annual cost to the taxpayer on the proposed bond levy is a tax of $380 per $100,000 of taxable assessed value, per year, based on current conditions. As of May 20, 2025, the total existing bonded indebtedness of the District, including interest accrued, is $2,184,545.