Ready, Set, Vote; School Replacement Levies Increase
The Snoqualmie Valley School Board will vote on two resolutions tonight, October 10, 2013, that should bring two replacement school levies to voters this winter.
Every four years Snoqualmie Valley voters are asked to approve operations and technology levies that help fund area schools. Local property taxes help supplement school district operational costs not covered by the State of Washington, helping to fund about one-quarter of SVSD’s annual operational costs.
If approved by the school board tonight, the 4-year replacement operations levy, totaling $68 million, will be brought to voters in February 2014. If passed by voters, tax funds will be collected annually in 2015, 2016, 2017 and 2018. The current levy expires at the end of 2014.
The new 4-year levy is about 15% more than the 2010 $57.5 million levy it replaces. The average annual tax cost to homeowners would be about $2.83 per $1000 of assessed property value. From 2010 to 2014, the annual average was $2.23 per $1000 of assessed value. For a $450,000 home, the increase comes out to about $22 per month.
The proposed 2014 replacement technology levy would total $10.8 million over four years. The 2010 tech levy was $9.8 million.
Both levies require a simple majority to pass. The 2010 levies passed with about 60% of yes votes.