Passage of Proposition No. 2 would authorize Renton School District to replace an existing levy for renovation of school facilities that will expire at the end of calendar year 2022. The proposed replacement capital levy authorizes the District to pay costs to renovate, modernize, improve and upgrade existing school facilities, including, but not limited to: (1) making health, safety, security, energy efficiency, educational, athletic and infrastructure improvements; and (2) acquiring land and interests in land as sites for new and expanded facilities of the District.
The proposed replacement capital levy will also continue funding instructional technology equipment, infrastructure and improvements, including, but not limited to: (1) acquiring, installing, implementing and modernizing instructional technology equipment, infrastructure, systems and facilities; and (2) making other improvements and upgrades to the District’s technology systems and facilities.
The proposed four-year capital levy would authorize collection of taxes to provide $30,000,000 each year from 2023 through and including 2026. The tax levy rate required to produce these levy amounts is estimated to be $0.91 per $1,000 of assessed value in 2023, $0.87 in 2024, $0.85 in 2025, and $0.82 in 2026. Further information is available at the District’s website at https://www.rentonschools.us/. Exemptions from taxes may be available to certain homeowners. For more information, call the King County Department of Assessments, 206.296.3920.
