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MCEC%20Board%20Meeting%20Presentation.pdf

Document typeproposal
Date2023-09-01
Source URLhttps://go.boarddocs.com/wa/msdwa/Board.nsf/files/D64MMG5BE7B2/$file/MCEC%20Board%20Meeting%20Presentation.pdf
Entitymeridian_school_district (Whatcom Co., WA)
Entity URLhttps://www.meridian.wednet.edu
Raw filenameMCEC%20Board%20Meeting%20Presentation.pdf
Stored filename2023-09-01-mcecboardmeetingpresentation-proposal.txt

Parent document: Regular Meeting and Budget Presentation-06-12-2024.pdf

Text

Meridian Citizens for Education Committee


About the Committee

e Made up of citizens who are connected to the community
who support levy and bond elections for Meridian

e Leadership
o Robert Kratzig, Co-Chair
o Sara Bernardy, Co-Chair

e Planned Events in Support of Bond
o Kick Off Event - August
o Doorbelling - September
o Mailers - October
O

—-
Sign Waving - November MCEG


Recommended Projects & Cost

Build a new
Meridian
Middle School

$86.92 million
(-$16 million State Match)

Stadium &
Lighting
Repairs at
Meridian HS

$1.50 million

Install a
Generator at
Meridian HS

S0.40 million

Performing
Arts Center
Repairs at
Meridian HS

$2.18 million

All Projects are =.= 5
themed around the ‘SRR Ra]
ideas of: e

e Safety & Security
e Accessibility
e Protecting the

Community's
Investment

Total Bond Cost ——
a
$75.00 million MCEC


Recommended Amounts

$5.0

2015

Total Bond Cost - $75 million

Rate $1.38 / $1,000 assessed value

© $4.93 $4.82 4 6g

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025* 2026* 2027*

MEP&O wmCapital Projects Levy School Bond

2024 Bond E>

Estimate - Taxpayer Impact

Bond Example $75 Million

Bond Term 20 Years

Projected Change in Total Tax Rate $1.38 per $1,000

$759.00 per year
Estimated Change in Tax Amount per

$550,000 Property Value $63.25 per month

=SMCEC


Thank
YOU!

<= MCEC
SS