High Quality Instruction and Learning for Every Child, Every Day in Every Classroom
October 2017
District taxpayers will save millions in property taxes thanks to School Board's move to refinance bonds Renton School District taxpayers will save millions of dollars in property taxes thanks to the School Board's recent action to refinance school construction bonds. Refinancing the old debt is similar to refinancing a home mortgage, which reduces the amount of interest paid over the course of a loan by taking advantage of Renton School
District’s excellent rating and current lower interest rates. Voter-approved school construction bond measures allow the district to raise funds through bond sales to rebuild, remodel, and repair neighborhood schools. State and federal funding does not pay for new school construction or school renovations and replacement. But just like a
home, even if you maintain your house, at times there will be need for major investments in maintenance, repair or replacement. The district took similar steps to refinance old debt in 1998, 2003, and 2014, again saving taxpayers millions of dollars in property taxes.
Keeping promises to citizens, voters, and taxpayers that growth by approving school construction measures to build new schools, or expand current schools. The new Risdon Middle School opened this year in the north end of district in Newcastle and Bellevue (Renton Schools boundaries go well beyond just Renton; encompassing seven municipalities).
Renton School District is working hard to keep its promises to local citizens and voters—and being good stewards of taxpayer dollars—by maintaining school buildings in good working
condition and building new schools to accommodate our region’s growth and improve access to a quality education for all students. Voters have helped to manage
The district is currently building the new Sartori Elementary School on the block of Park Ave. North and North 4th Street in Renton. Voters approved construction of the muchneeded new elementary school in a School Construction levy in Feb. 2016. Because the school is needed now as students and families continue to move into the district, construction of the
three-story, 550-student-school is moving quickly and on-time. The school will have flexible learning spaces that can be changed as the needs of students change; and that can be adapted to accommodate new, innovative technologies.The school will be a kindergarten-through-fifth-grade school and will have a Science, Technology, Engineering, and Mathematics (STEM) focus. Families from neighborhoods throughout the district can choose to enroll their child in the school. Learn more about the school and let the district know if you’d like your child to attend at: www.rentonschools. us/Page/2718.