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M&O Levy Planning October 29, 2012

Davenport School District No. 207. M&O Levy Planning October 29, 2012. Discussion Topics. Washington State Election Results—School Districts Only. 2011 Election Results. M&O Levies: 45 passed and 2 failed Capital Projects Levies: 15 passed and 2 failed Transportation Levies: N/A

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M&O Levy Planning October 29, 2012

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  1. Davenport School District No. 207 M&O Levy Planning October 29, 2012

  2. Discussion Topics

  3. Washington State Election Results—School Districts Only 2011 Election Results • M&O Levies: 45 passed and 2 failed • Capital Projects Levies: 15 passed and 2 failed • Transportation Levies: N/A • Bond Authorizations: 5 passed and 28 failed 2012 Election Results • M&O Levies: 164 passed and 6 failed • Capital Projects Levies: 30 passed and 3 failed • Transportation Levies: N/A • Bond Authorizations: 10 passed and 6 failed Source: Washington Secretary of State: Election and Voting website and individual County Auditor websites.

  4. Voting Patterns

  5. Voting Patterns

  6. Election History – Davenport SD

  7. Voting Patterns

  8. Voting Patterns

  9. Assessed Value

  10. Increase in Property Values Will Not Increase School District Tax Collections • Changes in property values don’t change the amount of taxes authorized • Local school taxes can only be increased by a vote of the people • Changing property values will change tax rates, but not tax collections Year Home Value Tax Rate Tax Bill XYZ School District Home Value 2011 $100,000 $5.00/$1,000 $500 Assume a 20% increase in Assessed Value for XYZ School District #1: 20% increase 2012 $120,000 $4.17/$1,000 $500 #2: 10% increase 2012 $110,000 $4.17/$1,000 $459 #3: 30% increase 2012 $130,000 $4.17/$1,000 $542

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