SUPERINTENDENT COMMENTARY: Facilities update for the Ritzville School District

In 2002, the voters within the Ritzville School District passed a $3,500,000 Capital Projects Bond at a rate of $1.90 per thousand dollars of assessed property value.

The purpose of the bond was to remodel Gilson Gymnasium and to provide upgrades to the grade school, high school and Ag buildings.

This bond will mature on December 1, 2016.

Over time, property values within the community have gradually increased, and in 2011 the District refinanced the bond in order to secure a lower interest rate. Consequently, the current bond tax rate per thousand dollars of assessed property value is $1.03....