Keep your school district independent, responsible, and accountable to you. Washington s Constitution does not prohibit the state from helping local school districts. SJR 8206 will provide a no-cost state guarantee, which will reduce your school district s classroom and facility financing costs. Only voter-approved bonds are eligible to participate under SJR 8206. School district accountability is maintained.
School boards are fiscally responsible to the voters and the vote to support schools is a Yes Vote.
This program will save taxpayer dollars . Proponents say the state of Washington will stand behind local districts by guaranteeing their debt, regardless of risk. Taxpayers, that means you. Your state credit rating is high because the constitution doesn t allow your state s credit to be given or loaned to anyone. Our credit rating could be jeopardized by the actions of the least responsible school district.