Difference between revisions of "School bond and tax elections in Washington"

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(Washington bond issue)
(Conduct of the bond election, limitations, rules)
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===Needed majority===
 
===Needed majority===
  
A three-fifths super-majority vote is needed to pass a election involving the constitutionally protected debt limit or a bond issue exceeding three-eights percent.
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A three-fifths super-majority vote is needed to pass a election involving the constitutionally protected debt limit or a bond issue exceeding three-eights percent<ref>[http://apps.leg.wa.gov/RCW/default.aspx?cite=39.36.020 "Washington Legislature" Washington School Bond Law(Referenced Section 39.36.020 (3) Revised Code of Washington)</ref>.
  
 
==External links==
 
==External links==

Revision as of 18:09, 16 December 2009

School bond and tax elections in Washington happen under one circumstance:

Laws affecting school finance

Washington bond issue

Under Washington state law, all school districts must seek approval from the Washington State Superintendent of Public Instruction as part of the process of getting a bond issue approved. Also, no bond issue may exceed three-eights of one percent of the district's total valuation of taxable property without voter approval. The three-eights percent limit is uniform for all taxing districts in Washington State[1].

Washington levy limit

The Washington Constitution in Article VII, Section 6 limits any taxing entity including school districts to only up to one and half percent of the value of property. Any school district that seeks to exceed the cap must seek approval from the voters in order to exceed the one percent cap[2].

School districts can also be indebted up to five percent for the purpose of capital outlays without voter approval[3].

Washington state is different from other states as they express a state debt limit in percentage form over a millage rate.

Conduct of the bond election, limitations, rules

Needed majority

A three-fifths super-majority vote is needed to pass a election involving the constitutionally protected debt limit or a bond issue exceeding three-eights percent[4].

External links

References

  1. [http://apps.leg.wa.gov/RCW/default.aspx?cite=39.36.020 "Washington Legislature" Washington School Bond Law(Referenced Section 39.36.020 Revised Code of Washington)
  2. "Washington Legislature" Washington Constitution(Referenced Section Article VII, Section 6)
  3. "Washington Legislature" Washington Constitution(Referenced Section Article VII, Section 6)
  4. [http://apps.leg.wa.gov/RCW/default.aspx?cite=39.36.020 "Washington Legislature" Washington School Bond Law(Referenced Section 39.36.020 (3) Revised Code of Washington)