LTFM
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What Did Voters Approve in 2023 & How Does It Shape SoWashCo’s Five-Year Plan?
The Key Takeaway In 2022, SoWashCo voters rejected a $462.7 million facilities proposal. In 2023, they approved a substantially narrower plan: $201.2 million in construction bonds focused on existing schools and a separate ten-year technology levy. The 2023 plan preserved Newport, Crestview, and Pine Hill as elementary schools; eliminated two replacement schools and several support-facility…
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SoWashCo’s LTFM Construction Fund Is Nearly $12 Million Ahead of Plan. What Is the Money For?
The Key Takeaway The school district sells bonds to pay for Long-Term Facilities Maintenance (LTFM) construction projects. South Washington County Schools entered fiscal year 2026 with approximately $7.2 million more in its LTFM construction account than it had projected one year earlier, but it sold essentially the full planned principal amount of facilities-maintenance bonds anyway.…