Your Local Investment (Bonds and Levies)

There are programs, construction, staff and more that our community has committed to providing for students. These are expenses either NOT funded or NOT FULLY funded by state and federal dollars.

To close those funding gaps for our students, Tahoma --and all Washington state public school districts-- proposes bonds and levies to their local communities.

In simple terms, BONDS are for BUILDING and LEVIES are for LEARNING

BONDS: State and federal dollars do not fund construction and maintenance of schools, so voter-approved bond measures finance these costs. Bonds are typically financed over about 20 years and have specific requirements for how funds can be used.

Voters approved a $195M bond measure in fall 2013, which funded the construction of Tahoma High School, Lake Wilderness Elementary School, and additional building improvements at all District campuses that keep our schools warm, safe and dry.

LEVIES: Levy dollars pay for programs, staff and classroom materials like technology devices. Security staff, coaches and athletic teams, extracurricular advisors and the programs that they support like robotics and drama, are partially or fully funded by levies.

When levies are approved by voters, a tax is "levied" against property owners. The amount collected is based off a determined amount of a property owner's assessed value. (For example, Tahoma's current Educational Programs and Operations (EP&O) levy was passed by voters in 2020 at an estimated tax rate of $2 per $1,000 of assessed valuation. The owner of a home valued at $750,000 pays an estimated $1,500 a year.) Levy spending is reviewed annually and costs are "rolled back" to taxpayers if funds go unused.

Our community approved two levies in 2020 for a 4-year collection: an Educational Programs & Operations (EP&O) Levy and a Technology Capital Projects (Tech) Levy, which expire in 2024.

Educational Programs and Operations (EP&O) Levy (expires in 2024)

The EP&O levy funds programs, people, and supplies not funded or underfunded by state basic education money. Levy funds are controlled by the school district to support a full range of education programs and activities for students. For example, state apportionment funds approx. 1.7 safety & security personnel for the entire district. Because of the EP&O Levy, Tahoma has 9 staff dedicated to student, staff and school safety. Here are some other expenses that Tahoma's EP&O levy funds:

The EP&O Levy was passed by voters in 2020 at a tax rate of approx. $2 per $1,000 of assessed valuation. Based on fluctuating property values, the rate may change, however, the District has committed to collecting no more than the communicated rate of $2 per $1,000 of assessed value. The owner of a home valued at $750,000 would pay an estimated $1,500 a year.

Here's how much is collected for the EP&O levy each year (dating back to 2021, the first year of collection):

Collection year Rate per $1,000 Total

2021 $1.99 (actual) $15,657,002

2022 $1.81 (actual) $16,712,356

2023 $1.62 (actual) $19,504,860

2024 $1.98 (actual) $21,258,878

Technology Levy (expires in 2024)

State basic education funding provides some money for classroom technology. However, the technology needs for TSD are not fully funded by the state. A Technology Levy ensures that there is dedicated funding that is earmarked for technology resources. The levy pays for the replacement of outdated computers and software, improvements to infrastructure, and hiring support staff.

Thanks to the community passing the Technology Levy in 2020, funding is available for Tahoma's Technology Plan, created by a committee of parents, community members, staff & students called the Tech Advisory. The Technology Plan guides how learning is improved through the use of classroom technology. 

The levy collected $3.9 million the first year and is collecting $4.3 million over the final three years. The tax rate began at 47 cents per $1,000 of assessed valuation, and is being collected at a lower tax rate in 2024. The owner of a home valued at $750,000 paid an estimated $352 the first year and will pay an estimated $300 the final year.

Here's how much is collected for the technology levy each year (dating back to 2021, the first year of collection):

Collection year Rate per $1,000 Total

2021 $0.47 (actual) $3.7M

2022 $0.44 (actual) $4.0M

2023 $0.36 (actual) $4.3M

2024 $0.40 (actual) $4.3M

This page will be updated periodically to reflect the latest information (last updated February 2024). If you have additional budget questions, please send us an email at TSDMessages@TahomaSD.US