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Valley School Board discusses proposed February 2025 bond for Early Learning Center; current tax rate cited
Summary
At its Oct. 15 meeting the Valley School District Board discussed placing a bond for a Valley Early Learning Center on the February 2025 ballot, with Superintendent Dr. Mandi Rehn noting the district's current tax rate is $2.17 per $1,000 and asking the board to set a bond amount for a November resolution.
The Valley School District Board discussed a proposal to place a bond for a Valley Early Learning Center on the February 2025 ballot during its Oct. 15 meeting. Superintendent Dr. Mandi Rehn told the board the district must decide on the bond total so a resolution can be written for the board’s November meeting.
Dr. Mandi Rehn said the district’s current tax rate is $2.17 per $1,000 and that deciding the total principal amount is the immediate next step to allow staff to prepare ballot materials and a resolution. No specific bond amount was proposed at the meeting and the board did not take a formal vote on the issue; the discussion was framed as direction for staff ahead of November.
Board members did not reach a decision on the bond amount at the meeting. The board’s next regular meeting in November was identified as the target for drafting and presenting a formal resolution authorizing a measure for the February 2025 ballot. The meeting record does not show a public cost estimate for the project nor a finalized repayment schedule; those figures were marked for staff follow-up.
If the board approves a resolution next month, the district will place the measure on the Feb. 2025 ballot and include a formal tax-impact estimate and proposed use of proceeds in voter materials. The board did not adopt any binding commitments during the Oct. 15 discussion.
