The smart money is on
Bellingham Public Schools
What is the financial impact?
If voters approve this bond, the rate per $1,000 assessed value will go from $3.47 in 2022 to $3.72 in 2023 and 2024. This means the combined tax rate for schools (levies and bonds) will increase by an estimated $16.90 per month in 2023 (compared with 2022) for a median homeowner* in Bellingham.
* We are using an estimated median assessed home value of $550,000 for 2022 and $566,500 for 2023. Your home’s assessed value is determined by the county.
Past/Current Bond and Levy Rate
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2018 Actual – $4.54
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2019 Actual – $3.57
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2020 – $3.61
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2021 – $3.48
Projected Bond and Levy Rate (approx.) **
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2022 – $3.47
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2023 – $3.72
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2024 – $3.72
** Estimated total school district combined bond and levy rate per $1000 assessed value. The rates are estimates based upon preliminary data from the Whatcom County Assessor’s Office, official data will be available in January 2022.
