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Northshore School District No. 417 Proposition 1

Replacement for Educational Programs and Operations Levy The Board of Directors of Northshore School District adopted Resolution No. 762 authorizing a renewal educational levy. To continue high quality academic programs that are eligible activities and not state funded, this proposition authorizes the District to levy the following excess taxes, on all taxable property within the District: Collection Year Approx. Levy Rate/$1000 Levy Amount Assessed Value2019 $1.50 $57,000,0002020 $1.50 $58,000,0002021 $1.50 $59,000,0002022 $1.50 $60,000,000all as provided in Resolution No. 762 and subject to legal limits on levy amounts and rates at the time of levy. Explanatory StatementPassage of Proposition No. 1 would allow the levy of $57,000,000 in property taxes within Northshore School District No. 417 for collection in 2019, the levy of $58,000,000 for collection in 2020, the levy of $59,000,000 for collection in 2021, and the levy of $60,000,000 for collection in 2022, to replace an expiring levy and enable the District to pay for its educational programs and services, such levies to be made for four years commencing in 2018 for collection in the school years from 2018-2019 through 2021-2022. In accordance with Resolution No. 762 approving this proposition, these taxes would be deposited in the District’s General Fund to pay part of the general expenses of operating the District. General expenses of the District include employee costs (salaries), instructional materials, special programs, activities and special education, technology systems operation, transportation costs, maintenance of facilities and other non-capital expenses of operating the District schools. If authorized by the voters and based on projected assessed valuation information, estimated levy rates per $1,000 of assessed value would be $1.50 (2019 collection); $1.50 (2020 collection); $1.50 (2021 collection); $1.50 (2022 collection).
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