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What is the length of years for the bonds for the upcoming three questions on Nov. 7, 2023?
The funding for the two bond questions is for 20-year terms. The Technology Projects Levy in ballot Question 3 would revoke the current levy and replace it with the new one for the next 10 years.
Don't you already have a Technology Projects Levy?
In school finance, there are two types of levies: operating levies and capital projects levies.
Operating levies are voter-approved levies that provide funding for classrooms, instruction and other school operating costs.
Capital projects (technology) levies are approved by voters to provide funding dedicated for technology-related expenses, including cybersecurity, instructional software, business software and technology repair.
Voters approved SoWashCo Schools’ operating levy in 2021, but the capital projects (technology) levy failed by less than 100 votes. The current capital projects levy was approved by voters in 2017, and is set to expire in 2027.
The request for Question 3 on the Nov. 7 ballot is to revoke and renew the current capital projects levy that was passed in 2017 with additional funding to address technology related to safety.
If this capital projects levy request fails with this revoke and renew request, the current capital projects (technology) levy will remain in place and the district would use the general fund for expenses that exceed the amount the current levy provides funding for.
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