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Mercer Island board hears detailed briefing on proposed EP&O levy authority and homeowner impacts
Summary
The district detailed why it seeks authority for a multi-year EP&O levy, how the 2019 levy-lid rules affect Mercer Island, and what changes in state law could mean for local collections.
Mercer Island School District finance staff on Thursday briefed the School Board on proposed authority to seek Educational Programs & Operations (EP&O) levy capacity for 20272030, explaining legal constraints, likely homeowner impacts and the districts recommended approach.
Lede: The district detailed why it seeks authority for a multi-year EP&O levy, how the 2019 levy-lid rules (the lesser of $2.50 per $1,000 assessed valuation or $2,500 per pupil FTE) affect Mercer Island, and what changes in state law could mean for local collections.
Nut graf: Finance staff (Matt) told the board that Mercer Island historically hits the per-pupil cap due to high assessed value per pupil; the…
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