SOUTH WHIDBEY: School officials are misleading voters about the real cost of proposed school construction bonds (LIV FINNE/WPC)
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Liv Finne, the director of the Center for Education at the Washington Policy Center, wrote a blog article about school construction bonds which mentions the South Whidbey School District’s November 2023 bond measure.
At next month’s election, administrators at seven school districts are asking local voters to pass more school bond debt.
In 2020 a number of school districts made a similar request, but administrators hid the true cost of what they were proposing. These research findings are reported in our Policy Note, here.
It appears to be happening again. Six of the seven school construction proposals on the November ballot are misleading the public by suggesting tax rates will stay fixed, and will not change in the future.…
The online School Data calculator shows the full cost of the proposed school construction bonds, at https://schooldataproject.com/report_levies_20231107….
South Whidbey School District. Taxpayers who own property valued at $625,000 will pay $12,102 in principal and interest over 20 years if voters approve the $79.8 million school bond measure.
South Whidbey taxpayers will repay the $79.8 million principal amount, plus an additional $58.8 million in interest.
On the Ballot in November 2023
SOUTH WHIDBEY SCHOOL DISTRICT NO. 206 |
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Director, Position 1 Joe Greenheron, the incumbent |
Director, Position 3 Brook Willeford, the incumbent |
Director, Position 4 (At Large) Marnie Jackson, the incumbent |
Proposition No. 1 General Obligation Bonds – $79,800,000.00 |