Passage of this proposition would authorize Highline School District to issue no more than $299,850,000 of general obligation bonds to: rebuild Highline High School, construct a new middle school at the Glacier site, construct a new elementary school at the Zenith site to replace Des Moines Elementary, develop designs for future rebuild of Evergreen, Tyee and Pacific Schools, renovate Olympic School, and make District-wide health, safety and security improvements.
The School Board determined that there is an urgent need for construction of new schools and replacement and renovation of existing schools due to: overcrowding, deteriorating and educationally outdated infrastructure and schools; State of Washington class size reduction requirements; and the needs of the District’s educational programs. With passage of this proposition and issuance of bonds, the District anticipates receiving approximately $59,500,000 in State match and FAA noise mitigation to help complete these projects.
The bonds will be repaid from annual property tax levies in excess of regular property tax levies over a period of 21 years. The District anticipates a tax rate increase (over the existing rate) of approximately $0.79 per $1,000 of assessed value through 2026, or $197.50 per year (or $16.46 per month) for a $250,000 home. The total bond tax rate will be approximately $2.43 through 2026, and thereafter, the rate is expected to decrease to approximately $1.36 for remaining life of the bonds.
Exemptions from taxes may be available to certain homeowners. For more information, please call the King County Department of Assessments 206.296.3920.
For questions about this measure, contact: Duggan Harman, Chief of Staff, 206-631-3078, duggan.harman@highlineschools.org