• The Bellevue Union School District refinanced a portion of its Election of 2008, General Obligation Bonds, Series A and Series 2011C, which will save District property owners nearly $1.4 million in taxes.  Interest rates were at historically low levels in late 2017 which allowed the District to replace the higher interest rates from the Series A and Series 2011C sale with lower rates.

    The Election of 2008 Bonds were authorized by 68.7% of Bellevue Union School District voters at an election held on November 4, 2008, and were used to build new classrooms, replace heating, plumbing and electrical systems, build a multipurpose room at Taylor Mountain Elementary School, and repair/replace certain aging roofs.

    Interest rates on the Series A Bonds ranged from 4.25% to 5.25%, while interest rates on the Series 2011C Bonds were 7.23% to 7.25%.  The interest rate for the new bonds will range from 1.27% to 4.06%, a difference that will save property taxpayers a total of $1,379,481 over the life of the borrowing.  The final payment of the 2017 Bonds is August 2041, the same as the original Series 2011C Bonds.

    Superintendent David Alexander stated, “District staff and I always look for opportunities to help out our taxpayers.  This looked like a good chance for them.”

    The refinancing of the Series A and Series 2011C Bonds was authorized by the Bellevue Union School District Board on November 14, 2017.  “To save $1.4 million is a huge win for the District and its taxpayers. Any chance to save taxpayer money is a win win.” said Board President Victor Ayala.

Measure J Bonds

  • Measure “J” School Facility Improvements

    Thanks to voter approval on November 4, 2008, the District has embarked on a program to improve local community schools.

    Measure “J” authorized the Bellevue Union School District to issue $19 million in General Obligation bonds over time.  

    The bond program was established to:

    • Build New Classrooms
    • Replace old heating, plumbing and electrical systems with energy efficient systems
    • Build a multipurpose room at Taylor Mountain Elementary
    • Repair or replace aging roofs

    Due to the 2017 Bond refinancing District taxpayers have seen a decrease in property taxes associated with BUSD.

    Measure J Projects Completed:

    • Solar arrays have been installed at each school campus. The solar arrays will help us to save resources by reducing some of the District's energy costs.
    • New Classrooms
    • Multipurpose room at Taylor Mountain

    J Bond Reports

    Measure J Official Bond Summary:

    “To build new classrooms to avoid overcrowding, replace old heating, plumbing and electrical systems with energy efficient systems, build a multipurpose room at Taylor Mountain Elementary and repair or replace aging roofs, shall the Bellevue Union Elementary School District be authorized to issue $19,000,000 in bonds at legal interest rates with no funds for administrator salaries and an Independent Citizens' Oversight Committee to monitor all bond expenditures”

Measure D Bonds

  • Measure "D" School Facility Improvements

    Thanks to voter approval on June 3, 2014 Measure D was approved!

    Measure “D” authorizes the Bellevue Union School District to issue $12 million in General Obligation bonds over time.  

    The bond program was established to:

    • Renovate and Modernize Kawana Academy (built in 1954)
    • Acquire leased solar equipment
    • Add restrooms to Meadow View
    • Build new classrooms to accommodate increasing enrollment in the district

    Measure D Projects Completed:

    • The Bellevue Elementary Phase III New Frontage, Parking Lot, Bus Lane and Student Drop-Off Lane
    • The Meadow View New Restroom Building
    • The Kawana Renovation, New Kindergarten Building and Grounds, Classroom Air Conditioning, New Frontage, Bus Lane and Student Drop Off, and New Parking Lot
    • The new Early Learning Center campus across from Kawana

    2014 Measure D Factsheet

    Due to the 2017 Bond refinancing District taxpayers have seen a decrease in property taxes associated with BUSD.