On Feb. 20, the Washington State Auditor's Office released a report about its Accountability Audit of district bond expenditures. That day, we posted an announcement sharing the results. In today's video update, Superintendent Heather Tow-Yick shares information about the audit, as well as steps the district has taken to improve internal controls for monitoring, managing and ensuring compliance for the use of capital funds.
Bonds and Levies
In the Issaquah School District, we are very grateful to voters for their ongoing support of school operation levies and bonds. The children of our community benefit every day from the resources provided by you, the voters and taxpayers.
Why are voters asked to approve levies every two to four years?
By law, operations levies can only be proposed for a period of four years or less. Typically, school districts propose levies of two, three, or four years. After the allotted number of years, the levy expires. Voters must approve a renewal of funding, or local financial support for schools ends. Generally, the levy you are voting on simply replaces one that is about to expire.
The district’s Bond Advisory Committee members met for the second time on Feb. 13, to hear answers to questions they asked; to learn about the Strategic Plan; hear from a student voice panel; and listen to information about safety and security, and the early learning programs. The committee will meet again Feb. 27.
In today's February Community Update video, Superintendent Heather Tow-Yick shares about enrollment stabilization, bond refunding and student success.
At the Feb. 8, 2024 School Board meeting, directors gave a recap of conversation during a work study session about the Strategic Plan; heard updates about works in progress and bond planning; approved a resolution regarding bond refunding; and approved two monitoring reports of district Ends and Executive Limitations.
The district’s Bond Advisory Committee had its first meeting on Jan. 30, beginning a three-month process to learn about district facilities. Committee members are being asked to evaluate facility needs and cost data through active engagement to provide an informed proposal to the superintendent, who will then craft a recommendation to the School Board for consideration.
At the Jan. 25 School Board meeting, directors shared a recap of the work study session about Ends 2; and heard updates about works in progress from the superintendent; Capital Projects and a potential bond measure; secondary innovation; bond refunding; School Improvement Plans; and other topics.