Snake River District #52 | minutes | meeting 2026-03-02 | Minutes March 2, 2026 source: https://irp.cdn-website.com/68c89c0a/files/uploaded/Minutes+03.02.26+%28Special%29.pdf Snake River School Board of Trustees Held at Snake River District Office 103 South 900 West, Blackfoot, ID 83221 Monday, March 2, 2026 1. CALL MEETING TO ORDER Chairman Lon Harrington called the meeting to order at 5:45 p.m. Other board members present were Carol Hepworth and Larin Mortimer. Toni Ibarra and Josh were absent. Also attending was Superintendent Mark Kress and Board Clerk Terisa Coombs. 2. PRAYER/PLEDGE OF ALLEGIANCE Larin Mortimer opened the meeting with the Pledge of Allegiance 3. APPROVAL OF AGENDA A motion was made by Carol Hepworth and seconded by Larin Mortimer to approve the agenda as presented. All board members present voted aye. Motion passed 3-0. 4. PUBLIC INPUT There were no comments during Public Input. 5. SUPPLEMENTAL LEVY PRESENTATION The Snake River School District has seen its total property valuation grow from about $440 million in 2021 to more than $1.05 billion in 2025 due to rising home values and new construction. This growth has significantly reduced the district’s levy rate, from roughly $695 per $100,000 in 2016 to about $67 per month for a $100,000 home today. This number is calculated by taking 700,000 divided by 1,050,298,158. In addition, state funding through House Bill 521 currently provides about $1.6 million annually, covering the district’s bond and most plant facility costs. The current rate is $31 per $100,000 after school district facilities distribution. The district is considering renewing its $700,000 supplemental levy as a continuation rather than an increase. While the district maintains healthy reserves, administrators note that state funding remains uncertain, potential cuts could occur, and staffing adjustments will need to take place. Renewing the levy would provide a financial buffer to help maintain salaries, security, and programs during possible funding volatility. Chairman Harrington read the following resolution: WHEREAS, in accordance with Section 33-802(3), Idaho Code, as amended, the Board of Trustees of Snake River School District No. 52, Bingham County, State of Idaho, has determined there is a need for a supplemental levy in the amount of Seven Hundred Thousand and no/100 dollars ($700,000) per year for two (2) years, for the purpose of paying all lawful expenses of maintaining and operating the District, as listed on the official ballot, for the fiscal years beginning July 1, 2027 and ending June 30, 2029. A motion was made by Larin Mortimer to approve the resolution for the supplemental levy in the amount of $700,000 per year for two years, beginning July 1, 2027, and ending June 30, 2029. The motion was seconded by Carol Hepworth. The Chairman called for discussion; none was offered. Roll call vote was done: Carol Hepworth, aye; Larin Mortimer, aye, and Lon Harrington, aye. The motion carried 3-0. 6. ADJOURN Larin Mortimer moved and Carol Hepworth seconded to adjourn. The meeting was adjourned at 6:20 p.m. ATTEST: Terisa Coombs Lon Harrington Clerk Chairman March 18, 2026 Date