Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Northshore board asks staff to draft ~ $698M bond and $35.5M tech levy as part of 2026 ballot planning
Summary
At a study session, Northshore School District trustees reviewed updated assessed valuation and multiple levy/bond scenarios and asked staff to prepare first-reading materials for a draft ~$698 million bond, a $35.5 million technology levy and a plan to maximize the EP&O levy.
The Northshore School District Board of Directors on Tuesday reviewed newly updated fiscal projections and directed staff to prepare first-reading resolutions for a draft bond near $698 million, a technology levy in the neighborhood of $35.5 million and materials reflecting a maximum educational programs and operations (EP&O) levy.
District staff told the board that two recent developments — modestly lower market interest rates and preliminary county assessed-value returns roughly 10% higher than earlier estimates — reduced some projected tax-rate pressure for a 2026 ballot package. “When we put those together, it’s about a 10% increase instead of a 5% increase,” a staff presenter said, and the combined impact lowered a prior $3.10-per-thousand estimate for 2026 to roughly $2.97.
Why it matters: the combination of a bond, a technology levy and the EP&O levy…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
