NOTICE OF PROPERTY TAX ADJUSTMENT BY SCHOOL BOARD The Independent School District of Boise City hereinafter the "District," has increased its market value for assessment purposes as of December 31, 2024, by the amount of the increment value of the River Myrtle-Old Boise Revenue Allocation Area on such date, in accordance with the provisions of Section 33-802, Idaho Code, because the revenue allocation area gave notice of termination pursuant to Section 50-2903, Idaho Code, and as a result thereof property taxes on the increment value of the revenue allocation area will not be collected and distributed to the District. Section 33-802, Idaho Code, permits the District to replace those funds by adjusting its market value as described herein. The total amount of dollars in property taxes to be directly collected by the District pursuant to this action is estimated to be $5,659,092. IPL0244989 Jun 20,27 2025