If approved, the bond measure that will appear on the Feb. 14, 2017, ballot would:
- Improve and upgrade every school in the district.
- Qualify the district for state assistance funds.
- Take advantage of 40-year historic low interest rates, saving taxpayers money.
- Remove portables and add permanent classrooms to relieve overcrowding and support smaller class sizes.
- Replace seven aging schools: King, Marshall, Ogden, Truman and Walnut Grove elementary schools; McLoughlin Middle School; and Fir Grove/Vista. It also would relocate Lieser Campus to a remodeled Marshall school building.
- Partially remodel and/or enlarge Columbia River High School, Vancouver School of Arts and Academics and Sacajawea and Franklin elementary schools, and renovate Kiggins Bowl.
- Build two new elementary schools and a new, consolidated Vancouver iTech Preparatory.
- Construct safe, secure entrances at schools throughout the district.
- Upgrade roofs, flooring, windows and heating and cooling systems where needed.
- Add accessible surfaces for playgrounds.
- Modernize to support technology needs.
- Create spaces for family and community use.
Bond amount and tax rates
If approved, the proposed $458 million bond measure is projected to increase temporarily the bond tax rate by $0.09 per $1,000 of assessed property value for three years.
When combined with the existing bonds, the bond rate is projected to be $1.52 per $1,000 of assessed value for tax collection years 2018–2020 and then drop to $1.35 per $1,000 of assessed value starting in 2021.
For the owner of a median-priced $225,000 home, the change in the VPS bond tax rate is about $20 per year for three years.
The three-year operations levy, approved by voters in 2016, will cost $2.68 per $1,000 of assessed property value in 2018. The technology levy, approved by voters in 2013, will cost $0.23 per $1,000 of assessed property value in 2018. With approval of the bond, combined local school tax rates would be $4.43.
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