Bond 2023
PROPOSITION NO. 1 SOUTH WHIDBEY SCHOOL DISTRICT NO. 206 GENERAL OBLIGATION BONDS – $80,000,000
Passage of Proposition 1 would allow South Whidbey School District to address facility needs by issuing bonds. If voters approve this proposition, the District will use the bond proceeds to do the following at District schools: upgrade perimeter gates and fences for security; renovate and modernize building exteriors; install signed entrance canopies; construct covered walkways, an inclusive playground and outdoor educational structures; renovate and reconfigure classroom space; improve ADA accessibility for playgrounds, restrooms, and locker rooms; reconfigure and repave parking lots for improved circulation and safety; upgrade HVAC, mechanical and electrical infrastructure; update the stadium; and install artificial turf at the track and athletic fields, among other improvements. The $80,000,000 of general obligation bonds would mature within 22 years, and be repaid from annual excess property tax levies. The excess levy rate is estimated to be approximately $.70 per $1,000 of assessed property value or, for a home with an assessed value of $500,000, approximately $348.96 a year ($29.08 per month). Homeowners who are 61 years or older or disabled, and who meet income requirements may qualify for a property tax exemption. For information regarding exemptions, call the Island County Assessor at (360) 679-7303.
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