$696 million school bond, levy: Decision time

How will homeowners' property taxes be affected?


Last updated 2/6/2020 at 9:29am

Is the Edmonds School District board asking too much in its almost $696 million capital construction bond and replacement capital/technology levy, both on the special Feb. 11 ballot?

Or, as the district insists, that homeowners will not see any change to their property taxes?

A bond requires 60% approval, while a levy requires a simple majority.

Here's the district's somewhat complex view:

The district said it will maintain a level tax rate. To maintain a level tax rate for the proposed 2020 bond, it has structured bond issues on a cycle that allows for older bonds to be paid off just as ne...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021