Value – A community investment
UPDATE: The Mercer Island Community approved this levy measure in February 2014.
The renewed levy would collect between $14 million and $17 million per year from 2015 to 2018 for educational programs and services, including teaching, school supplies, athletics, transportation and educational programs. Mercer Island property taxes would increase by $0.06 per thousand dollars of assessed property value. For a Mercer Island property with an assessed value of $1 million, it would result in an increase of about $60 per year.
Read about the value and financing of the bond proposition by clicking here