What it costs

Investing in our kids’ education provides a good return on investment for our entire community by keeping Lake Washington School District a desirable place to live. Quality education also builds a strong economy with a skilled workforce. Your investment in school and community ensures that we maintain the excellence that the community expects from our schools. 

Lake Washington School District has a track record of delivering projects on-time and on-budget. They’ve demonstrated a commitment to be responsible stewards of our tax dollars. 

  • New rate: The tax rate is $2.84 per $1000 of assessed value. (Compared to $2.57 in 2021.) This includes all three measures (two levies that are renewals and a new construction levy that also restructures debt).

  • How much will I pay? For a home assessed at $1 million, the new annual tax is $2,840. (compared to $2570 in 2021).

  • Will the rate increase in the future? After 3 years, the construction portion of the rate will decrease when previous construction bonds are paid off and prior construction levies expire.  At that point, the district can ask voters to renew construction funding (bond or levy) for future projects while keeping the rate stable. 

  • Financial stewardship: Lake Washington has one of the lowest tax rates compared to our neighboring school districts.