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2025 Bond (what's changed what's the same)

2025 Bond

Creating space. Ensuring safety. Building futures.

What's changed? What's the same?

Video Introduction

On Feb. 11, 2025, our district will rerun its school construction bond proposal. The bond focuses on addressing growth and overcrowding, replacing aging facilities, enhancing safety and security, and supporting student well-being and success.

While the projects and $314 million bond amount remain unchanged, this proposal has a lower tax impact for property owners thanks to reduced interest rates and a growing taxpayer base in our community.

The projects maximize approximately $60 million in state construction assistance funds to minimize the costs to our taxpayers. These funds are only available to school districts after the successful passage of a school construction bond. In addition, school impact fees paid by developers of new homes will also go towards the projects.

Community growth is not stopping
What happens if the bond fails?

The decision to rerun the bond reflects feedback from the 2024 campaign and reinforces transparency and community priorities.

What has changed?

  • The 2005 bond will be fully paid off in 2025.
  • Decreased interest rates and more property owners sharing the cost mean the same projects can now be funded at a lower tax rate.

2025 Bond Project Overview

This bond addresses:

  • Enrollment growth with new and expanded school spaces.
  • Modernized and improved facilities to replace aging infrastructure.
  • Safety and security enhancements districtwide.
  • Improved learning environments that support students’ success.

Growth icon

Growth Projects

  • New Elementary #8
  • Secondary Innovative Learning Center
  • Central Meal Production Kitchen
  • Special Education Services Spaces
Repairs icon

Growth, Safety, Aging Facilities Projects

  • Glenwood Elementary Modernization and Growth
  • Skyline Elementary Modernization and Growth
  • Lake Stevens Middle School Modernization and Growth
Safety icon

Safety Projects

  • Classrooms with doors at Glenwood and Skyline Elementary Schools
  • Secure Portables
  • Secure Receptions
  • Secure Perimeters
Athletics icon

School PE and Community Athletics Improvements

  • Separate gymnasiums from cafeterias at Glenwood, Hillcrest, Mt Pilchuck and Skyline Elementaries
  • Larger gymnasiums at Lake Stevens Middle School
  • Artificial turf at Lake Stevens Middle School
  • Field lighting and improved community access at Cavelero Mid-High and North Lake Middle Schools
Breakdown of bond costs from 2025 to 2026

Understanding your property tax statement

Snohomish County offers tips and interactive tools to better understand how your property taxes are allocated. In 2024, Lake Stevens School District's portion of property taxes were $3.20 per $1,000 of assessed value, annually. This amount covers the Educational Programs and Operations Levy, the capital Technology Levy, the 2005 bond, and the 2016 bond. 

In 2025, the school district's portion is projected to decrease to $3.07 per $1,000 of assessed value, annually. This amount will include the Educational Programs and Operations Levy, the Technology Levy, the 2016 bond, and the 2025 bond (if approved by voters). 

Questions about your property taxes? Contact the Snohomish County Assessor at 425-388-3499 for more information.

Project Breakdowns

New Elementary School #8

New Elementary #8

  • Estimated cost: $76.6M
  • State contribution: $7.9M
  • Local tax share: $68.7M
  • Eligible to use school impact fees
Glenwood Elementary

Glenwood Growth and Modernization

  • Estimated cost: $70.7M
  • State contribution: $12.3M
  • Local tax share: $58.4M
  • Eligible to use school impact fees for additional classrooms
Skyline Elementary

Skyline Growth and Modernization

  • Estimated cost: $72.3M
  • State contribution: $12.3M
  • Local tax share: $60M
  • Eligible to use school impact fees for additional classrooms
Lake Stevens Middle School

Lake Stevens Middle School Growth and Modernization

  • Estimated cost: $98.8M
  • State contribution: $27.3M
  • Local tax share: $71.5M
  • Eligible to use school impact fees for additional classrooms
Secondary Learning Center

Secondary Innovative Learning Center

  • Estimated cost: $27.7M
  • State contribution: None
  • Local tax share: $27.7M
  • Eligible to use school impact fees

Fiscally responsible

Our district has a strong record of fiscal responsibility, completing past bond projects on time and within budget while addressing additional needs at no extra cost to taxpayers. With clean audits, a balanced budget, an excellent credit rating, and strategic use of construction funds, the district has also secured more than $105 million in state construction grants since 2005 to support schools and students.

Our district has a strong record of fiscal responsibility

Project Timeline

First page of the PDF file: 2025-bond-timeline

Timing considerations

Passing the bond in February will allow us to move forward without delay on these vital projects, addressing overcrowding, improving safety, and creating learning environments that meet the needs of our growing community.

Article in the Everett Herald

2016 Capital Bond Projects

$39.1 million in state construction assistance funds

Growth Projects

  • New Elementary #7 – Stevens Creek
  • New Early Learning Center
  • Transportation South Satellite at Cavelero

Growth, Safety, Aging Facilities Projects

  • Lake Stevens High School Modernization and Expansion

Safety and Security Projects

  • Secure Entries
  • District-wide security cameras
  • District-wide card readers and electronic door locks

Infrastructure Projects

  • New bleachers at Lake Stevens Middle School
  • Track replacements at Lake Stevens Middle, North Lake Middle, Cavelero Mid-High and Lake Stevens High Schools
  • Roof repairs at Lake Stevens Middle, North Lake Middle and Lake Stevens High Schools
  • Exterior painting at Cavelero Mid-High and Lake Stevens High Schools
  • Sewer service at Glenwood Elementary School
  • Furnace replacements at Glenwood and Skyline Elementary Schools
LSHS as it appears in 2024

Lake Stevens High School was modernized and expanded.

LSHS gym exterior

The high school gym was completely rebuilt.

The Performing Arts Center

The Performing Arts Center, gym and pool are connected in the Southeast Hall.

LSHS Pool interior

The LSSD Pool was refurbished and modernized for school, athletic and community use.

Exterior of Stevens Creek Elementary

Stevens Creek Elementary School was built, and opened in 2018.

Students gardening at Stevens Creek

Stevens Creek makes connections to nature, and students have the opportunity to tend to a school garden.

A parent and several children at the ELC

The Early Learning Center was made possible by the 2016 school construction bond.

Students and teachers on the ELC playground

ELC students enjoying the playground.

Secure entry

An example of secure entries at the ESC.

LSMS bleachers

The bleachers at LSMS before being modernized.

2016 K-3 Class Size Reduction Grant

$24.4 million in state construction grant funds for K-3 classrooms

Growth Projects

  • Eighteen classrooms at Stevens Creek Elementary School
  • Two-classroom additions at Glenwood, Highland, Hillcrest, Mt Pilchuck, Skyline and Sunnycrest Elementary Schools
  • Four modular classrooms at Glenwood Elementary School
  • Six modular classrooms at Skyline Elementary School

Growth and Aging Facilities Projects

  • Renovation of 11 classrooms and three support spaces at Hillcrest West
Hillcrest West

Entrance at Hillcrest West.

Modular classrooms

Modular classrooms at Glenwood Elementary School.

Ribbon cutting at Skyline

Ribbon cutting ceremony at Skyline Elementary.

2005 Capital Bond Projects

$41.5 million in state construction assistance funds

Growth Projects

  • Cavelero Mid-High 8th/9th grade campus

Aging Facilities Projects

  • Hillcrest Elementary Modernization
  • Mt. Pilchuck Elementary Modernization
  • Sunnycrest Elementary Modernization
  • Lake Stevens High School Office and Cafeteria Modernization
  • Lake Stevens High School Stadium Replacement
  • Artificial turf replacements of Lake Stevens High School football, soccer, baseball and softball fields
  • Lake Stevens High School tennis court renovation
Cavelero Mid High School seen from the football field

Cavelero Mid High School opened to students in 2008.

The football field at CMHS

The athletic field and track at Cavelero Mid High School.

Lake Stevens High School in 2005

Lake Stevens High School was modernized.

LSHS bleachers seen from the field

The LSHS stadium before modernization.

The LSHS field as seen from the bleachers

And the new and improved LSHS stadium. 

Evening scene of the LSHS field with a violet sky

Friday Night Lights in Lake Stevens. 

Exterior shot of Hillcrest Elementary

Hillcrest Elementary School was modernized.

Exterior shot of Mt. Pilchuck Elementary

Mt. Pilchuck Elementary School was modernized.

Exterior view of Sunnycrest Elementary

Sunnycrest Elementary School was modernized. 

2025 Bond FAQ

What's the Difference Between a Levy and a Bond?