Passage of Proposition No. 1 would replace an expiring levy and enable the Bellevue School District to pay for its essential educational programs and services, including teaching, student transportation, school supplies, and athletics and activities, such levies to be made for four years for collection in the years from 2015 through 2018. In recent years, this levy has provided approximately 27% of the District’s annual operating budget. Without this levy, the District’s operational budget would be reduced. Proposition No. 1 would allow the levy of $58,300,000 in property taxes within Bellevue School District No. 405 for collection in 2015, the levy of $62,500,000 for collection in 2016, the levy of $66,500,000 for collection in 2017, and the levy of $66,500,000 for collection in 2018. In accordance with Resolution No. 13-23 approving this proposition, these taxes would be deposited in the District’s General Fund to pay part of the general expenses of operating the District. General expenses of the District include teacher and other employee salaries, instructional materials, special programs, activities and sports, technology systems operation, student transportation costs, maintenance of facilities and other non-capital expenses of operating the District schools. If authorized by the voters and based on projected assessed valuation information, estimated levy rates per $1,000 of assessed value would be $1.41 (2015 collection); $1.46 (2016 collection); $1.51 (2017 collection); $1.47 (2018 collection). The exact levy rate shall be adjusted based upon the actual assessed value of the property within the District at the time of the levy.
For additional questions regarding this measure contact: Melissa deVita - Deputy Superintendent 425-456-4025 • devitam@bsd405.org
