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Board approves sale of up to $40 million in school improvement bonds
Summary
The Washington Elementary School District governing board voted to authorize the issuance and sale of school improvement bonds up to $40,000,000, with officials saying the sale is intended to preserve the district's tax rate at about $0.91 and to fund previously approved projects from the 2023 bond election.
The Washington Elementary School District governing board on Feb. 27 adopted a resolution authorizing the issuance and sale of school improvement bonds approved by voters in the 2023 election, authorizing a sale request for up to $40,000,000.
Board members approved the resolution by voice vote after a staff presentation on the timing and size of the…
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