School Bond Information
At their October 10 meeting, the Shoreline Public Schools Board of Directors unanimously approved a resolution placing a bond proposition on the February 14, 2017 special election ballot.
“The bond proposal we are asking Shoreline and Lake Forest Park voters to approve is a critical component of our Future Shoreline initiative,” said Board President David Wilson. “Approval of the bond will provide our students and staff with learning facilities that will continue to support the highest levels of achievement by allowing us to align our instructional programs and configurations to give our students the very best learning experience possible well into the future.”
On Tuesday, Feb. 14, 2017, Shoreline and Lake Forest Park voters will consider a $250 million school construction bond that will allow the school district to:
- Alleviate elementary overcrowding and prepare for state-funded class size reductions;
- Provide learning environments to support student achievement;
- Expand and enhance early learning opportunities;
- Design new buildings to enhance school safety and security; and
- Capture an estimated 10 percent state match.
Projects to be completed if the bond passes include:
- Constructing an Early Learning Center at the Shoreline Children’s Center site to house tuition-based preschool, Head Start and Early Childhood Education
- Rebuilding Einstein Middle School
- Rebuilding Kellogg Middle School
- Rebuilding Parkwood Elementary School
The Board made its decision based on a study completed by the Facilities Planning Committee (FPC), consisting of parents, staff and community members, over the past year. The committee thoroughly reviewed each facility’s building condition report, which ranks the facility’s structure, systems and safety components, as well as demographic studies projecting future enrollment growth. The FPC also heard reports and recommendations from the Instructional Program Planning Committee (IPPC), which reviewed the district’s current instructional programs and configurations.
“I want to thank these committees for the incredible job they did in developing a plan where the instructional needs of our students determined the construction recommendations,” said Superintendent Rebecca Miner. “They were very thoughtful and forward-thinking in their review and recommendation. I look forward to sharing this information with the community in the coming months and engaging in a conversation about the future of our amazing school district.”
You can find the Bond Information Brochure mailed to all households in the Shoreline School District HERE.
Bond Presentation Video
Frequently Asked Questions
Updated on February 13, 2017
What is a bond?
Much like a home mortgage, a bond is a contract to borrow money and repay it with interest. Bonds allow the district to finance new school construction, renovations and additions.
What is the difference between a bond and a levy?
BONDS are for BUILDING:
- Bonds fund the building and modernization of schools
- Bonds are financed over a long period of time, typically 20 years
- Bond dollars cannot pay for classroom teachers, staff, programs or day-to-day support and expenses
- Requires 60+ percent voter approval to pass
LEVIES are for LEARNING and student activities:
- Classroom support
- Student programs
- Regular ongoing maintenance of facilities
- Requires 50+ percent voter approval to pass
What is the purpose of this bond?
The purpose of this bond is to:
- Alleviate elementary overcrowding and prepare for state-funded class size reductions
- Provide learning environments to support student achievement
- Expand and enhance early learning opportunities
- Design new buildings to enhance school safety and security
What projects would be funded by this bond?
The bond would fund:
- Rebuilding Einstein Middle School
- Rebuilding Kellogg Middle School
- Rebuilding Parkwood Elementary School
- Building an Early Learning Center
Why is this bond being requested?
Shoreline School District is growing. A recent demography study conducted by Dr. Les Kendrick predicts our student population will grow by nearly 1,500 students over the next 10 years. With our elementary school facilities currently at 96.4 percent capacity, additional classroom space needs to be created to provide suitable learning environments for all Shoreline and Lake Forest Park students without overcrowding classrooms. The projects funded by the bond will provide the District with the capacity and flexibility to meet the needs of our growing student community.
How was the bond recommendation developed?
The process to develop a bond recommendation began more than two years ago. In October 2014, the Board of Directors began studying and evaluating information and data relating to classroom capacity, projected enrollment, building conditions, debt capacity and instructional programming.
A committee was created to develop facilities recommendations to improve school facilities and support future student population growth. The Facilities Planning Committee (FCP) consisted of over 30 representatives from numerous stakeholder groups and thoroughly examined the current and future needs of our students, staff and community. The FCP presented their recommendation to the Board of Directors on June 20, 2016.
The Board of Directors held a first reading of the bond resolution on September 26, 2016 and unanimously approved the resolution on October 10, 2016.
What is the anticipated order of construction projects?
While final phasing has yet to be determined, based on the current facilities conditions and the efficient and cost-effective use of transition spaces, the following order is being considered
2016-2017: North City Elementary would be renovated to act as a transition school for the Early Learning Center and Parkwood Elementary. The design of the Early Learning Center is completed.
2017-2018: Children’s Center, Early Childhood Education and Head Start students attend school at North City while the Early Learning Center is constructed. The design of Parkwood, Kellogg and Einstein is completed.
2018-2019: The Early Learning Center opens. Parkwood students attend North City while the new Parkwood Elementary is constructed. Phased construction begins at Einstein and Kellogg allowing students and staff to stay on-site while the schools are rebuilt in sections.
2019-2020: The new Parkwood Elementary opens. Construction continues at Einstein and Kellogg.
2020-2021: The New Kellogg Middle School and Einstein Middle School open.
How much revenue would the bond create?
The bond would allow the District to collect up to $250 million in local property taxes. If passed, the state would contribute an additional estimated 10 percent.
When is the election?
February 14, 2017 is the date ballots must be mailed or returned to a ballot drop box. Where can I drop off my ballot?
Ballots will be mailed to voters on January 25, 2017.
Who is eligible to vote on the school bond?
All registered voters residing within Shoreline School District are eligible to vote on this bond.
How can I register to vote?
Visit the King County Elections Website to learn how you can register online, by mail or in-person.
Does the "total school tax" shown in the presentation slides include all existing bond debt and levies?
Yes, "total school tax" includes all existing bond debts and levies. It represents all of the Shoreline School District tax you pay each year.
Where can I read the demography study referenced in the presentation?
The full report is available HERE.
Where can I read the building condition reports referenced in the presentation?
You can read the building condition reports HERE. (Note that these do not include Shorecrest or Shorewood as they are new buildings)
I'm on a fixed income and have difficulty paying property taxes, are there tax relief programs available?
Yes. King County offers tax relief for property owners in certain circumstances. You can learn more on their website.
What would the added cost of this bond be to taxpayers over the current total local school tax rate?
If the bond passes, property taxes will increase an estimated average of $1.19 per $1,000 of assessed property value per year over the duration of the bond.
To calculate how much additional cost this would be for your home and property, use the following formula: (Assessed Property Value) x 0.00119 = Estimated added local school tax
Let’s take a $400,000 home for example: $400,000 x 0.00119 = $476. The estimated added tax would be $476 per year, or $39.67 per month.
Please note that this formula assumes a conservative two percent yearly property value increase. If assessed property values grow by more than two percent annually, the estimated added tax rate would be lower than $1.19 per 1,000 of assessed property value.
If my property values go up, does the school district collect more money?
No. A bond is collected as a fixed amount. If property values rise, the rate per $1,000 of assessed property value decreases and the district would collect the same amount.
How was the bond amount determined?
The total bond authorization amount of $250 million, with an estimated additional state match of $25 million, was developed using a formula to estimate school design and construction costs for the four projects over the course of the planned construction phases from 2017 through 2020.
The estimated costs were developed based on actual costs per square foot of similar projects completed recently in the Puget Sound region, as well as the costs per foot used by the Office of Superintendent of Public Instruction (OSPI) to estimate state match requirements for the Legislature. Because we anticipate the projects will be bid and built one to three years from the date of the election, we included industry-standard escalation factors for that time period. We also added square footage to provide capacity for moving 6th graders from the elementary schools to the middle schools. When calculating construction costs, we estimate on the high end to ensure funding capacity to complete the projects in the event that construction bids come in higher than our low or mid-range estimates.
If the bond passes, the design and bid process would begin, which would include opportunities for community input, and a detailed budget for each project would be developed. The Board of Directors then reviews and approves those budgets during public meetings, with additional opportunities for community comment.
In the case that the full $250 million (plus $25 million State contribution) is not needed, do taxpayers receive a refund?
The school district would only sell as many bond as were needed to complete the construction projects. This is done is phases as the projects are completed. This means we would only collect the amount of tax necessary to pay the amount of bonds used. We wouldn’t collect more tax than is spent on the projects, so there would be no need for a refund.
What are the projected total school tax rates for each year shown in the chart on page 5 of the information pamphlet?
Year Proj. Rate 2008 4.13 2009 4.5 2010 5.28 2011 5.37 2012 5.64 2013 5.87 2014 5.53 2015 4.76 2016 4.26 2017 3.87 2018 3.66 2019 4.66 2020 5.31 2021 5.3 2022 5.31 2023 5.31 2024 5.31 2025 5.31 2026 4.79 2027 4.79 2028 4.79 2029 4.79 2030 4.78 2031 4.06 2032 4.02 2033 3.99 2034 3.96 2035 3.93 2036 3.9 2037 3.87 2038 3.84 2039 3.81 2040 2.55 2041 2.51 2042 2.51 2043 2.46 2044 2.46
Where can I find the documents reviewed by the Facilities Planning Committee and Instructional Program Planning Committee?
You can find the documents reviewed by the Instructional Program Planning Committee HERE.
You can find the documents reviewed by the Facilities Planning Committee HERE.