Passage of Proposition 1 would allow Enumclaw School District to finance critical facility needs by issuing bonds. If voters approve this proposition, the District will use the bond proceeds to construct and equip a new combined elementary school and early learning center to replace Byron Kibler Elementary School and the Birth to Five Center at JJ Smith, enhance safety and security District-wide, and repair and upgrade existing mechanical, electrical, plumbing, and structural systems at all District facilities.
The $103,000,000 of general obligation bonds would mature within 21 years, and be repaid from annual excess property tax levies. If voters approve this proposition, the District expects to receive between $7,000,000 and $15,000,000 in OSPI-calculated state construction assistance funds. Any state construction assistance funds received would enable the District to use bond proceeds to complete additional needed District-wide upgrades and repairs.
The excess levy rate is estimated to be approximately $0.67 per $1,000 of assessed property value or, for a home with an assessed value of $600,000, approximately $402 per year ($33.50 per month). Homeowners who are 61 years or older or disabled, and who meet low-income requirements may qualify for a property tax exemption. For information regarding exemptions, call the King County Assessor at (206) 296-3920.