Passage of Proposition No. 1 would authorize the Vashon Island School District to levy annually for four years excess property taxes to pay costs to acquire and install technology equipment and operations upgrades and other capital improvements to school facilities, in place of an expiring levy. The taxes collected by this levy will only be used to pay costs to acquire and install technology equipment and related training and make other capital technology improvements to District’s system and other improvements to school facilities and acquire major items of equipment for the District, all as deemed necessary and advisable by the Board of Directors.
The proposed replacement levy would authorize the collection of taxes to provide $920,000 in 2017, $940,000 in 2018, $960,000 in 2019 and $980,000 in 2020. The tax levy rate required to produce these levy amounts is estimated to be $0.3784 per $1,000 of assessed value in 2017, $0.3790 per $1,000 of assessed value in 2018, $0.3795 per $1,000 of assessed value in 2019, and $0.3799 per $1,000 in 2020. Exact levy rates to be determined by the actual assessed value of the property at the time of levy.
Exemptions from taxes may be available to homeowners who are 61 or older, or disabled, and who meet certain income requirements. For more information, call the King County Department of Assessments at 206.296.3920.
For questions about this measure, contact: Jodi Burwell, Board Recording Secretary,
206-463-8533, jburwell@vashonsd.org
