Building for a Lifetime of Learning School Improvement Bond

  • One of three important measures on the Feb. 14, 2012 ballot
    September 2011

    What it pays for, why it matters:

    • The $97 million Building for a Lifetime of Learning School Construction Bond measure allows the district to build new classrooms, upgrade existing classrooms, and replace plumbing, mechanical and heating and ventilation systems and more.

    • Past projects have been completed on time and on budget.

    • District voters have for decades overwhelmingly approved bond measures to rebuild, renovate and improve school buildings.


    NEW CONSTRUCTION:
    New Middle School (at site of the old Hazelwood Elementary School, currently Renton Academy)


    IMPROVEMENTS TO EXISTING SCHOOLS INCLUDE:

    Renovate pool at Lindbergh High School

    School Building Improvements

    • Replace roofs ― Replace gutters and downspouts
    • Electrical improvements at older schools ― Plumbing improvements at older schools
    • Mechanical system improvements at older schools
    • Restroom improvements ― Select floor replacements
    • Upgrade kitchens ― Paint
    • Replace select windows ― Upgrade cabinets
    • Refinish and upgrade doors ― Parking and site access upgrades


    Safety & Security

    • Fire alarms ― Smoke/carbon monoxide detectors
    • Add emergency generators ― Parking lot lighting and control system


    Energy Conservation

    • Boiler upgrades ― Parking lot lighting and control system
    • Heating/cooling system retrofits


    How is it paid for?
    Collection of funding from the approved measure would begin in 2013. The most reliable financial forecasts available estimate that these measures will drive an additional 69 cents per $1000 of assessed valuation: for the average home valued at $252,000 that will be about $174 per year. This will place the district’s total rate at $5.40/$1000. The total annual tax payments for district residents are expected to remain constant in 2014 since home values in the county are expected to decrease in the short run. School District tax rates are expected to then decrease over time as old debt is retired and assessed value in the area begins to increase once again.

  • What is a School Building Improvement Bond?

    School Districts throughout the U.S. place school construction bond measures before voters to ask for approval to build new schools or upgrade and renovate existing schools, add classrooms, replace outdated heating and ventilation systems, make health and safety upgrades, replace fire-alarm systems, construct new classrooms to reduce student overcrowding, and more.

    The improvements are paid for like a mortgage, over a period of about 20 years, which keeps the cost to individual taxpayers to a minimum.