Reasons to vote NO on the South Whidbey SD levy on the November 2024 ballot
Figure 1
All of these enrichment levies for all districts should be rejected. Districts need to stick to the McCleary Decision budget which is funded by our dramatically increased State School property taxes.
The property tax cost impact estimate for an example property
Figure 2
This next chart shows the estimated average annual taxes for just this new enrichment levy for local property taxpayers. The worst case scenario for taxpayers is usually the assumption of zero new construction. Another reasonable scenario to consider is continued new construction (despite high interest rates) for each tax collection year of this one levy at the same pace as 2024.
Figure 3
Figure 4
Notes:
The gray cell values were provided by the district in the voters' pamphlet and in the resolution in the description of the tax measure - namely the amount in dollars to be collected each year of the levy and the district's estimated future tax rates for the measure. Future tax rates are calculated by the amount in dollars to collect each year divided by the estimated Total AV for each year.
The green cell is the Total AV for 2024 which can be obtained from the county assessor or the Department of Revenue.
The blue cells are calculated from the values in the other cells.
For example, the {2026 Total AV} = {2026 District’s Levy Amount} / {2026 District’s Estimated Levy Tax Rate} X 1000
Per pupil expenditures (PPE) including capital outlays and interest on debt, student academic performance comparisons with districts with similar demographics, and median total compensations (including cash, pension funding, and benefits) for staff can be found at the following link: