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Bond 2019

Thank You, Voters!

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Weekly Bond Project Updates

2019 Bond Proposal News Releases

  • 01/02/19: February 2019 Bond Facts – What You Need to Know

    Our bond measure to modernize Ferndale schools will be back on the February 12, 2019 Special Election ballot. This is the bond to build a new high school, make critical facility repairs and upgrades, improve school security, and modernize our Performing Arts Center.

    11/28/18: Ferndale School District Seeks Volunteers to Write Statements “For” And “Against” Upcoming Bond Measure

    The Ferndale School District is seeking potential authors for the voters' pamphlet statements supporting and opposing the Ferndale School District bond measure that will appear on the February 12, 2019 ballot.

    11/27/18: Ferndale School Board to Ask Voters to Re-Consider Bond Package in February 2019

    The Ferndale School Board will ask voters to reconsider a Bond package in February 2019. The original proposal reached 58.64% during the November 2018 General Election but fell short of the 60% Super-Majority required to pass municipal bonds in Washington State. The original proposal was recommended by the Ferndale Community Bond Task Force. The Ferndale School Board accepted those recommendations in full.

Bond News Releases

News releases posted prior to the November 2018 proposed bond

  • Ferndale, WA- This week, Ferndale School District received its bond rating from Moody’s Investors Service who determined that the district maintains its Aa2 rating. The rating reflects the district’s healthy reserve funds as compared to our statewide peers.

    As part of a municipal bond sale, Moody’s Investors Service evaluates our current and projected future financial health in order to assign a bond rating. The process consisted of Superintendent, Linda Quinn, and Assistant Superintendent, Mark Deebach working with the district’s financial and legal advisors from DA Davidson, K&L Gates and Northwest Municipal Advisors. The team submitted a report and participated in an interview with members of Moody’s Investors Services.

    This is good news for the district and better news for our taxpayers. While it has no direct financial benefit to the district, it provides a major benefit to the taxpayers by providing lower interest rates translating to a savings of hundreds of thousands of dollars.

    “We are very pleased to maintain our bond rating through the ups and downs of the economy the last several years,” said Assistant Superintendent Deebach. “It allows us to keep our commitment to the taxpayers by making sure our tax rates are lower than we forecasted when we took the bond proposal to our voters.” The district is proud of the rating that allows us the ability to continue saving money for taxpayers without sacrificing the quality of our educational system. Which is always a good thing.

  • The Ferndale School Board welcomes newly selected Bond Oversight Committee Members Riley Cornelsen, Anya Milton, Bo Smith, Dan Cornelsen, Adam Rustad, Sandi McMillan, and Mark Harting.

  • Ferndale School District is seeking potential authors for the voter’s pamphlet statements supporting and opposing the Ferndale School District bond measure that will appear on the November 6, 2018 ballot.

  • A graphic outlines the 2018 Ferndale Bond Proposal, totaling $112 Million.

    Quote from School Board President Kevin Erickson:

    “First, I want to extend sincere thanks to the Ferndale Community Bond Task Force on behalf of the entire School Board,” said Ferndale School Board President Dr. Kevin Erickson. “I am excited to announce that the School Board has adopted the full suite of Task Force recommendations and we plan to refer the package to voters for consideration in November. The Task Force group brought us a very thoughtful, cost-efficient package with the added benefit of an Oversight Committee. The Board believes strongly in citizen oversight for Bond planning and spending. We are confident in the recommendations we received from the Task Force and look forward to discussing the proposal with voters in advance of the November election.”

     

Community Bond Task Force

Community Bond Task Force Web Page

Community members step up to help the district develop a bond package aimed at upgrading aging facilities. Click the link above or visit FerndaleSD for further information. 

Resources

Bond Task Force Meetings

  • All regular Bond Task Force meetings will take place from 6:00 pm until 9:00 pm. All Task Force meetings are open to the public.

    The purpose of the Task Force is to seek input about what the School Board should include in the bond package they put before voters. The Board has stipulated that Ferndale High School should be a major part of the package, but other projects are under consideration. The Task Force needs to complete its work and make a recommendation to the School Board by the end of March 2018.

    For more information about the proposed bond and the Bond Task Force:

    Contact Phone Email
    Jamie Plenkovich 360.383.9234 jamie.plenkovich@ferndalesd.org
    Assistant Superintendent Mark Deebach 360.383.9203 mark.deebach@ferndalesd.org

Meeting Dates