Pasco Impact Fees Lower Bond

<p>Impact Fees</p>

Impact Fees

For a third time voters in Pasco are being asked to approve a multi-million dollar bond to build more schools.   

The district is bursting at the seams and now school officials say they have a possible way to lower the cost of the bond for taxpayers.

The Pasco School Board wants to use impact fees, totalling about a million dollars, to further help reduce the cost of its proposed $46.8 million bond.

Impact fees are charged to developers building in the city. It's $4,700 per single-family home and $4,500 per unit in apartments and condos.  

So far the city has collected about $760, 000 in impact fees, and the amount is expected to reach about a million dollars by the time it would be used to help build schools.

The impact fees only amount to about two percent of the bond, but assistant district superintendent John Morgan hopes this could make the bond on February 12th a little more palatable for voters.        

"Last night the board talked about impact fees and how they could be used and they can only be sued to offset the growth and that why our board is considering using it to help buy down the bond," said Morgan.

The bond covers the construction of three large elementary schools, and several other smaller projects like structural and mechanical improvements for existing schools.

If voters approve the bond, they would be paying about $34 more each year for property assessed at $100, 000.

Morgan said he believes this is a very critical bond for the Pasco community, and if this vote fails, elementary schools will be facing year-round school schedules and that's going to tough on a lot of parents.

Pasco voters who have questions or need more information about the school district’s upcoming bond election are encouraged to attend a public information session. There are still a number of opportunities:

January 15 at 6 p.m. at Emerson Elementary in the library. This presentation will be available in both English and Spanish.
January 15 at Angelou Elementary in the library. This presentation will be available in English at 6 p.m. and in Spanish at 6:45 p.m.
January 15 at 6 p.m. at Markham Elementary in the library. This presentation will be in English with Spanish translation available.
January 16 at 6 p.m. at the C.L. Booth Building in the board room. This presentation will be in English with Spanish translation available.
January 17 at 6:30 p.m. at Whittier Elementary in the library. This presentation will be available in both English and Spanish.
January 17 at 6:30 p.m. at Chiawana High School in the library. This presentation will be available in both English and Spanish.
January 22 at 6 p.m. at McGee Elementary in the library. This presentation will be available in both English and Spanish.
January 24 at 6 p.m. at the C.L. Booth Building in the board room. This presentation will be in English with Spanish translation available.
January 29 at 5:30 p.m. at the Frost Elementary in the library. This presentation will be in English, Spanish, and Russian.
January 31 at 6 p.m. at the C.L. Booth Building in the board room. This presentation will be in English with Spanish translation available.