Bond & Levy Information
November 2024 Bond Information
- Facility Planning Committee
- Bond Project Details
- Board Resolution
- Frequently Asked Questions
- Videos & Other Resources
- Facilities Summary Dashboard
Facility Planning Committee
Cheney Public Schools serves a large area encompassing the cities of Cheney and Airway Heights in Washington State. The area is situated in the eastern area of the state, just west of the Spokane metro area. The area encompasses or is adjacent to large areas of farmland and timber, Eastern Washington University, Spokane International Airport and Fairchild Airforce Base. The city of Cheney was incorporated in 1883 and the city of Airway Heights was incorporated in 1955. While Cheney is slightly larger than Airway Heights, the latter is experiencing significant growth and is anticipated to eclipse Cheney as the largest city in the district within a few years.
Preceding this study, Cheney Public Schools was aware of immediate and anticipated long-term growth in the community and the corresponding demand on school facilities. In addition, the district was fully aware that, over time, the physical condition of school buildings decline. The School Board has taken seriously its charge to protect and preserve the school facility assets owned by the community and to ensure that their educational mission is supported by appropriate, cost-effective facilities. Therefore, the district felt it was important to understand the current condition of its educational facilities. Further, the Board determined that they needed a data-driven plan Cheney Public Schools – Facility Master Plan Page 1-2 to help them map the future of the district and how they might improve educational facilities.
Documents
Bond Project Details
Board Resolution
Frequently Asked Questions
FAQ's
- What is The Difference Between a Bond and Levy?
- How Were The Bond Projects Selected?
- Are Tax Exemptions Available?
- How Are Bonds and Levies Approved?
- What Are The Current Bond and Levy Rates for Cheney Public Schools?
- Bond Fact Sheet
What is The Difference Between a Bond and Levy?
The easiest way to remember the difference between a bond and a levy is: Bonds are for building and levies are for learning. (The statement “levies are for learning” primarily refers to enrichment levies.) Bonds and levies provide schools with funds that must be used for specific purposes.
A levy is a local property tax passed by the voters of a school district that generates revenue to fund programs and services that the state does not pay for as part of “basic education.” Because the funding provided by the state does not cover the actual costs to operate a school district, districts often use levy funds to hire additional staff, or for student programming and services that are underfunded or not funded by the state. Some of the many things that levies help to fund may include: extracurricular activities, special education, transportation, food service, operations, grounds and maintenance, preschool, and other activities. There are three main types of levies: enrichment, capital, and transportation levies, although this is not a complete list.
Enrichment levies, also known as Educational Programs and Operations (EP&O) levies and Maintenance and Operations (M&O) levies, allow a school district to provide things like teachers, support staff, supplies and materials, or services that the state only partially funds. Funding provided by the state does not fully cover the actual costs to operate a school district, so enrichment levies fill in the gap.
Capital levies (which includes tech levies) to fund things like modern technology, enhanced building security, and smaller renovation projects. Capital levies can be approved for up to six years.
NOTE: In simple terms, a replacement levy is the renewal of an existing enrichment, capital, or transportation levy that is about to expire. Typically, if a district is asking for a replacement levy to be approved by voters, it means that it is simply the continuation of an existing tax.
A bond is a long-term investment that authorizes the district to purchase property for schools, construct new schools, or modernize existing schools. Bonds are sold to investors who are repaid with interest over time from property tax collections, generally between 12-20 years.
How Were The Bond Projects Selected?
To assess Cheney Public Schools’ facilities needs, the district utilized parents and key stakeholders from each of the three distinct communities—Airway Heights, Cheney, and West Plains—to form the Long-Range Facilities Planning Committee. This committee collaborated for more than six months to determine the facilities needs of the district. Through the research and analysis of this community-based effort, the committee determined the district facility needs are as follows: one elementary school in Airway Heights, land for a second elementary school, and campus upgrades. The committee’s framework was presented to the school board in June 2023, and it was unanimously approved.
Are Tax Exemptions Available?
If you are a senior citizen and/or disabled, you may be eligible for an exemption. The exemption applies to the primary residence and land on which it sits, up to one acre. Five acres are allowed if zoning permits it.
This program is administered by the Spokane County Assessor's Office. For application and further information, call 509-477-3698.
How Are Bonds and Levies Approved?
What Are The Current Bond and Levy Rates for Cheney Public Schools?
Community members who reside within the Cheney Public Schools district boundaries are projected to pay the following per $1,000 of assessed home value in 2024:
Educational Operations & Programs Levy: $1.30
Existing School Bonds: $1.37
Capital Tech Levy: $0.07
In 2023, district community members paid:
Educational Operations & Programs Levy: $1.31
Existing School Bonds: $1.42
Capital Tech Levy: $0.08
Bond Fact Sheet
Videos & Other Resources
VIDEOS
- November 2024 Bond Proposition Explanations
- What's the Difference Between a Levy & a Bond?
- February 2024 Proposition Explanations
- 2017 Bond Update
November 2024 Bond Proposition Explanations
What's the Difference Between a Levy & a Bond?
February 2024 Proposition Explanations
Tax Explanations & Propositions
This video was created for the February 2024 Election. However, the Bond proposition that did not pass in February is being re-run for the same $72 million in the November 2024 Election.