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Bond - How Much Might I Pay

  • A February 10, 2015 bond in the amount of $98,254,000 for a term of 25 years will provide for the construction of a new high school on the existing site to replace Port Angeles High School and renovate the Performing Arts Center.
  • Local funding of the bond - $98,254,000 - would result in a property owner’s estimated property tax rate increase over today’s rates of $1.60 per $1,000 assessed value for 25 years based on 2014 values.

To calculate your projected/estimated annual tax increase for the bond, divide your assessed property value by 1,000 and multiply by $1.60.  For example, a homeowner with a home valued at $172,250 (median sold price from zillow.com), the projected/estimated increase would be $275.60 annually or $22.97 monthly.

Let’s do the math:  (Your assessed property value / 1,000 x $1.60 = (estimated annual increase)

Levy and Bond questions, comments and suggestions may be sent via email to:  info@portangelesschools.org, or by U.S. Mail to:  Superintendent, Port Angeles School District, 216 East Fourth Street, Port Angeles, WA  98362.