What will Banks School Bond Measure 34-157 Accomplish?
Student Safety and Health
Older sections of the junior high and high school that are unsafe or not feasible to renovate will be demolished and replaced. Our new facilities will afford students healthy and comfortable air quality favorable to learning. Traffic flow will also be addressed at all schools to ease congestion and improve safety.
Problem: The junior high and high schools do not meet current code safety standards. Fire detection and suppression systems are not adequate. A portion of the junior high is at risk of collapse under a moderate-strong earthquake. Mold is appearing at various places throughout the high school and asbestos is present in our heating systems. Traffic patterns are congested and a safety risk.
Operation and Maintenance Costs
Our maintenance budget will drastically be reduced with new and upgraded structures and systems that exceed current energy code. Oil burning boilers will be replaced with high efficiency heating systems, saving money that can instead be used to educate our students.
Problem: Failing HVAC systems and deferred maintenance are costing our community hundreds of thousands dollars that are not benefiting our students or community.
Academic Requirements
Add approximately 19 new classrooms to the junior high and high school to meet State mandated academic requirements. “High Performance Classrooms” energize occupants making it easier for teachers to deliver a quality education to their students and increase the likelihood that good teachers will be retained.
Problem: There are not enough classroom science labs to meet State mandated academic requirements. Studies show that there is a direct correlation between school facility conditions and student academic achievement.
Community Growth
With additional classrooms and more common areas and physical education spaces, the school will be on track for meeting future population needs.
Problem: A population study by Portland State University's Population Research Center forecasts that growth in our community could be 27% over the next ten years.
Bond Cost
Based on committee and expert reports and recommendations, the Banks School Board unanimously voted to place a bond on the November 2008 ballot, seeking a bond of not more than $25.5 million. The cost to tax payers will be an additional property tax of $1.99 per $1,000 of assessed property value for not more than 26 years. See your property tax statement for your current property assessed value (not market value).
The cost to build and maintain efficient buildings is less than the cost to maintain our current school facilities.
The cost of bringing our school buildings up to current health and safety codes will be more than the cost of building new schools.
The cost of this bond will be equally shared with future population growth and new property owners within the 450 square mile Banks School District area. An increased tax base may even help to reduce the length of the bond.
Click here to view the bond analysis prepared by Seattle Northwest Securities, a bond advisory company contracted by the Banks School District.
You need Adobe Reader to view this file. It can be downloaded by clicking here.
Based on our observations and professional recommendations, we unanimously support this bond initiative.
The Citizens for Banks Schools and Community Political Action Committee encourages you to VOTE YES on November 4th.
Our kids deserve safe schools that prepare them to be successful and productive members of our community. Invest in our future - it is an investment with unequalled returns.
Get Involved!
Citizens for Banks Schools and Community is actively seeking volunteers. If you are interested, please send an email to info@banksbond.com
Donate!
Citizens for Banks Schools and Community request you consider a state tax credit donation to help us cover costs for this website, printing, and mailing information to the community. Thank you in advance!
More Information
Background of the School Bond
Frequently Asked Questions
Facts to Consider
On July 28th the Banks School Board approved the following bond language for the voter pamphlet due out in October. Their explanatory statement illustrating the District reasoning behind the bond measure is also included.
You need Adobe Reader to view these files. It can be downloaded by clicking here.