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Fife School District No. 417

Proposition No. 1
General Obligation Bonds - $204,800,000

The Board of Directors of Fife School District No. 417 adopted Resolution No. 23-18 approving a proposition for bonds. This authorizes the District to replace Fife High School, including its athletic field and stadium, and make other capital infrastructure improvements, to issue $204,800,000 of general obligation bonds maturing within a maximum of 21 years, and to collect excess property taxes annually to repay the bonds, as provided in Resolution No. 23-18.

Should Proposition No. 1 be:

 

Approved

Rejected


The Board of Directors of Fife School District No. 417 adopted Resolution No. 23-18 approving a proposition for bonds.  This authorizes the District to replace Fife High School, including its athletic field and stadium, and make other capital infrastructure improvements, to issue $204,800,000 of general obligation bonds maturing within a maximum of 21 years, and to collect excess property taxes annually to repay the bonds, as provided in Resolution No. 23-18.

 

Exemptions from taxes may be available to certain homeowners. To determine if you qualify, please contact the Pierce County Assessor at (253) 798-6111.

Yes For Rebuilding Fife High School and Uniting our Community! With strong community support, the 2018 Bond Program delivered new and safer schools. Fife Public Schools is now ready to address our last school - Fife High School!  FHS will unite all of our communities’ students as graduates!

 

The New Fife High School! Your Yes vote will make FHS a full, comprehensive high school with an emphasis on vocational programming, modern classrooms, student and staff safety, and state of the art music and athletic facilities.

 

Your Investment in our Bond Program is an Investment for all Fife students! This bond adds $.67 per $1,000 of assessed home value. That’s only $16.75 per month for a $300,000 home! Our proven record of completing projects on time and under budget allows us to meet the needs of our growing community and keeps our tax rate among the lowest in the region.

 

Your Yes vote! Your Yes vote will ensure all our schools are modern learning environments equipped with the latest technology, safety standards and space to grow along with our communities!

 

Submitted by: Jessica Connaway, cffms417@gmail.com

School districts are supposed to find pro and committee members (up to 3 on each committee) to give arguments for the voters’ pamphlet. The Fife SD readily found pro committee members but not one con committee member – and they had months to do so. So the county had to search for a volunteer at the last minute before the 8/4/23 deadline.  It is a fundamental principle of our democracy to provide voters with both sides of the issues. The district should be teaching this and practicing it.

 

This bond is being advertised as a $204 million bond. But that is only bond principal. With high interest rates, bond interest will add another estimated $125 million for a total price tag to local taxpayers of $329 million to be paid over the next 20 years.

 

For this one bond, a home with a 2023 AV (assessed value) of $550,000 will have an obligation of $22,000: $13,000 for bond principal; $9,000 for bond interest. That is $1,100 per year for the next 20 years.

 

And that doesn’t include the existing 2018 bond that won’t be paid off until 2040. Citizens cannot afford to keep subsidizing the profits of construction companies.

 

Submitted by: Jeff Heckathorn, BondNo.com

The accusations in the “con-statement” are false. The district advertised for this role on their website as required. The fact that this person doesn't live locally and writes statements against all school measures tells us he doesn’t represent Our community or what is best for Our students.

 

The calculations in his statement are inaccurate and intended to scare voters. Transparent and accurate details regarding the cost of this proposal, can be found at fifeschools.com.

 

Submitted by: Jessica Connaway, cffms417@gmail.com

Citizens are voting on an amount – not guesstimated rates. And that amount is too high. For this one bond, a property with a median 2023 AV (assessed value) of $550K will be obligated for $1,100 per year on average for the next 20 years - starting out at $700 in 2024 increasing to over $1,900 by 2043.

 

The district needs to apply appropriate impact fees to developers. Stop taxing people out of their homes.

 

Submitted by: Jeff Heckathorn, BondNo.com

60% majority and minimum turnout of 40% of voters casting ballots in last general election (Washington Constitution, art. VII, sec. 2(b))

For questions about this measure, contact: Kari Harris, Assistant Superintendent, Business Services, (253) 517-1000 ext. 29121, kharris@fifeschools.com

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