Port Angeles School District has made significant strides in funding educational improvements following a successful bond sale, which was a highlight of the recent board meeting held on May 22, 2025. The district secured $30 million in bonds, approved by voters in November 2024, aimed at constructing a new elementary school and enhancing safety and security across district facilities.

The bond sale attracted considerable interest, with 59 orders from eight institutional investors, including two orders exceeding $10 million each. Local investments totaled $590,000, reflecting strong community support for the district's initiatives. The district's financial team, led by Superintendent Marty Brewer and Assistant Superintendent Michelle Olsen, successfully navigated the bond market, achieving a true interest cost of 4.303%. This strategic approach is expected to save taxpayers money by timing bond sales to align with capital project needs, rather than issuing all bonds upfront.

In addition to the bond sale, the board announced the launch of a girls' flag football team for the upcoming winter season, providing new opportunities for female athletes in the district. The meeting also celebrated the completion of a clean audit, confirming the district's responsible financial management.

As the district prepares for these exciting developments, the next board meeting is scheduled for June 12, 2025, where further updates on these initiatives are anticipated.