Originally published Saturday, February 13, 2010 at 3:58 PM
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WA House lets schools raise more through levies
The Washington state House has approved a measure that lets cash-strapped school districts ask voters for additional money.
Associated Press Writer
The Washington state House has approved a measure that lets cash-strapped school districts ask voters for additional money.
On a 55-41 vote Saturday, the House passed the measure lifting the levy lid from 2011 to 2017. The measure now heads to the Senate for further consideration.
Under current law, most districts may bring up 24 percent of their budget through levies. The bill raises the levy lid by 4 percentage points, from 24 to 28 percent, plus districts grandfathered in at higher rates can also raise their levies by 4 percent.
The bill also would increase the levy equalization rate from 12 percent to 14 percent. This is the amount the property tax poor districts get from the state in addition to what they can raise locally.
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