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Peninsula School District bond failing to reach supermajority

Post by Steve Maynard / The News Tribune on Feb. 8, 2011 at 8:23 pm with 3 Comments »
February 8, 2011 8:23 pm

A $78 million bond measure for the Peninsula School District was failing tonight to get enough “yes” votes for approval.

The capital bond was shy of the 60-percent supermajority required for approval, according to preliminary returns.

The measure would pay for renovation and maintenance projects throughout the 9,000-student district. It would focus on taking care of schools already open but in need of repairs and modernization.

The bond also includes money to purchase property for a future elementary school.

The last completely new school built in the district was Goodman Middle School nearly 20 years ago. In the past two decades, Peninsula voters have passed only one school bond measure – for $45 million in 2003.

The measure would add an estimated 27 cents per $1,000 of assessed property value to taxes levied by the Peninsula School District.

District officials estimate the owner of a $200,000 home would pay an additional $54 a year; the owner of a $500,000 home would pay an added $135 a year.

Total 2010 tax assessments from the district, including both bond and operating levy rates, are $2.15 per $1,000. The district’s levy – which helps pay day-to-day costs – is due for renewal in 2012.

Peninsula officials say their tax rates per $1,000 are already the lowest among the 15 school districts in Pierce County. That’s because property values in the community are relatively high. Peninsula’s total tax rate of $2.15 is much less than Puyallup’s at $4.60 and Tacoma’s at $4.65. However, both of those districts have larger student populations.

Projects the capital bond would fund include:
• Renovations at Artondale Elementary.
• Improvements at Gig Harbor and Peninsula high schools.
• New multipurpose facilities at Evergreen, Minter, Discovery and Voyager elementary schools.
• Infrastructure, equipment and security system improvements at all schools.
• Renovation of the district’s transportation facility.
• Property purchase for a future elementary school.

Leave a comment Comments → 3
  1. Did anyone catch he word (addional?)If you look carefully at your previous Tax statements, I think you will find increases in your property statements for your property values and the amount you pay for the privilege of living in Washington State.I saw My property value drop but I did not see a corresponding drop in my taxes.I also think 200,000 dollars for property is low as I feel it should more like 300,000 dollars.I have been wrong before but I think I am closer to being right than wrong!

  2. taxedenoughintacoma says:

    I lost 30% value in my home and my property taxes went down 4%. I am on a fixed income, my food and gas and other things I can’t control are going up. Taxes are something I can control with my vote and I did so as an American right. We will hear discussion on Wed. that the super majority is not fair and voters are dumb. This is denial from those who don’t care about the struggling families in Gig Harbor. They did their best to justify this tax increase by telling the voters it’s a good deal and the old favorite, “it’s for the kids”.

    I hope they get it that even in a town like Gig Harbor, with so many wealthy people, there are many that are hurting and living payday to payday to stay in their house.

    PSD, make do for now like we all are doing. Wait until things improve before trying again. Voters have had it with raising taxes until this economy improves.

  3. And the tea party scores again.

    And gubmint and its drones will whine again.

    And the next tax increase will get voted down again, no matter what it’s for.

    The gravy train is over.

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