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School directors decide to go with levy
A capital projects levy for Central Kitsap School District is coming this spring to a ballot near you. And all talks of studying an elementary school closure are suspended for now.
At the behest of Superintendent Greg Lynchs recommendation, the school board decided on Dec. 8 at a regular board meeting that a capital projects levy, rather than a bond, will be the way to raise construction funds. It will aim to have an election on May 17, 2005.
In January, Lynch will recommend a final list of project options and recommend the amount the levy should raise. The example given at the meeting was that a $16.85 million levy, with matching funds from the state and federal impact money, would raise about the same as a $40 million bond. Federal impact money is given to school districts based on how many students they have who have a parent in the military or who works as a civilian contractor. In CKSD, that student number is higher than 50 percent.
The district will receive federal impact money until 2011, when the funds will have to be reauthorized, Lynch said. He also said that he is assuming the state funds will continue at the current level.
This means that the district has the resources it needs to sustain all schools and appropriate programs until 2006, he said at the meeting.
The district is slated to run a maintenance and operations levy in 2006 which, if the voters approve, will fund maintenance on the schools facilities.
A capital projects levy works like a savings account. When voters pay their property taxes, the county sends a portion of those taxes to the school district. The school district can only use the money as it accumulates. The school district will use those funds for capital projects. The downside to a capital projects levy will be that some construction projects will have to