2024 Bond & EP&O Levy
What's on the ballot this November?
Maintaining Consistent Tax Rates & Predictable Costs
In 2020, we promised voters a combined tax rate under $4.12 per $1,000 valuation.
In 2024, we delivered on a $2.81 combined tax rate, and 2025’s rate is projected to be lower.
We aim to maintain the current combined tax rate with the proposed 2024 EP&O Levy and Bond.
Minimizing the Burden on Local Tax Payers
Based on a $409,909 Port Angeles home, the average homeowner paid $1,250 in 2023 for the capital projects levy and EP&O levy.
The current proposal is estimated to cost the average homeowner $2.70/$1,000 valuation. Based on current home cost growth assumptions, the average homeowner would pay $1,212 in 2026, up to $1,292 in 2029.
Prioritizing Facilities with Highest Needs
- The original PAHS & Franklin Elementary buildings (70+ year-old facilities) exceed the average national school building age of 46 years (NCES).
- Despite regular maintenance, the facilities are at the end of their useful lives.
- These facilities have not received major updates or renovations since the 1970s.
- Increased maintenance costs will result in cuts to essential services and staffing.
Renovating the Port Angeles Performing Arts Center
- Constructed in 1959, seats 1,122 people
- Largest performance facility on the Olympic Peninsula
- Utilized by multiple student and community groups and known for amazing acoustics
- Will be renovated while preserving the acoustic properties that have made it renowned
- Accessibility to and within the building will be improved so all can enjoy the facilities
- $30 million of the proposed bond will be dedicated to this renovation
30-Year Capital Facilities Plan: On time and under budget!
Middle School Project Update
- New middle school design unveiled: June 13, 2024
- PASD has contracted with Forma Construction to build the new middle school
- PASD has collected $37, 330,426 of the total $52,655,650 capital funds to be collected from the 2020 Capital Levy.
- Construction will begin once all levy and state-assistance funds are collected.
- Construction will begin in 2026.
Click here to learn more about the 30-Year Capital Facilities Plan.
Bonds vs. Levies
Schools ask voters to approve two types of funding measures for facility updates:
- Capital Levies: Short-term measures for modernizing and replacing school buildings, allowing phased project completion. Must wait for taxes to be collected before money can be used.
- Bonds: Long-term measures for larger projects like new school construction or major renovations. Bonds are sold to investors and repaid with interest from property tax collections over 10-40 years. All funds can be available immediately. Bonds require a 60% supermajority to pass.
Click here to learn more about how schools fund new construction.
Bond and EP&O Levy Community Presentation
Frequently Asked Questions (FAQs)
- When is the vote for the proposed Bond & EP&O Levy?
- What is a bond?
- What is an EP&O Levy?
- How will the bond funds be used?
- How will this bond and EP&O levy affect my taxes?
- How will the bond improve student learning?
- How will the district ensure transparency and accountability in the use of bond & levy funds?
- How can I learn more about the proposed bond & EP&O Levy?
When is the vote for the proposed Bond & EP&O Levy?
What is a bond?
What is an EP&O Levy?
How will the bond funds be used?
How will this bond and EP&O levy affect my taxes?
How will the bond improve student learning?
How will the district ensure transparency and accountability in the use of bond & levy funds?
How can I learn more about the proposed bond & EP&O Levy?
- How much will the bond cost?
- How much will the EP&O Levy cost?
- What is the duration of the bond?
- What is the duration of the EP&O Levy?
- What happens if the bond does not pass?
- What happens if the EP&O levy does not pass?
- How were the projects selected for the bond proposal?
- How can I register to vote?