Bond

Royal School Bond 2019

Royal School District voters approved the Royal School Bond on February 12, 2019. To read the latest updates and progress on the bond, visit our Bond Progress webpage.

Click HERE to view more bond progress photos.

construction workers inside high school building


Bond Projects

Bond

*Updated 11/12/2018

The Royal School Board plans to place a $16.58 million Bond on the February 12, 2019, ballot. What is a bond? School bonds provide immediate funds for large, long-term capital projects, such as modernization of buildings, new school construction or purchasing property. Bond funds are generally collected over a 15 to 30 year period and are comparable to your home mortgage.

If approved by voters, Royal's proposed Bond will include three renovation projects at the Middle School, High School, and Bus Garage.

2019 Bond Quick Facts:

  • Total proposed bond cost = $16.58 million
  • Estimated 2021 Tax Rate = *$1.25 per $1,000 assessed property value (bond only)
  • The bond will include three renovation projects at the Middle School, High School, and Bus Garage. (See project details.)
  • The Red Rock Elementary modernization project is NOT part of the 2019 Bond. Red Rock construction was covered by money received from flood insurance and State Matching Funds.
  • Tax relief is available to quali¬≠fied senior citizens through Grant County Assessor's Office
  • Questions? Contact Superintendent Roger Trail at (509) 346-2222 or rtrail@royalsd.org
  • Ballots should arrive in voter mailboxes the week of January 21, 2019. Vote early!
  • Election day is February 12, 2019
  • If approved, the 2019 bond will be financed for 18 years.

Bond Projects:

If approved by voters, the 2019 Royal Bond will include the following projects:

Foyer Redesign

 

Architectural rendering of the entry configuration © Design West.

High School

  • Safety enhancements:
    • New, secure entry area
    • Indoor and outdoor security cameras
    • Security card system/doors at all buildings
  • Single point of entry reconfiguration:
    • Expand cafeteria and connect to library and main building
    • Connect front of building with gym
    • Additional classroom space
  • Gym renovation:
    • Foyer, restrooms, concessions, and ticket area upgrades
  • New bleachers
  • New gym floor
  • HVAC updates
  • Locker rooms expansion and upgrades

Cafeteria

Middle School

  • reconstruction and modernization
  • Additional classroom space
  • Safety enhancements: School office area reconfiguration
    • School office area reconfiguration, including buzz-in vestibule (like Intermediate School)
    • Indoor and outdoor security cameras
    • Security card system/doors at all buildings

Bus Garage

  • Expand bus bay from 1 to 2
  • Add bus wash area
  • Update office, meeting room, and restroom
  • Additional storage

Projected Tax Rates

Total bond amount requested = $16.58 million

Estimated 2021 tax rate increase = $1.25 per $1,000 assessed property value for 18 years

Estimated Tax Payment Increase

Assessed Property Value

Cost Per Month:

18 yrs, $1.25

$100,000

$10.42

200,000

$20.84

300,000

$31.26


The total bond amount is for $16.58 million. The bond will be financed over 18 years, the estimated tax rate increase is $1.25 per $1,000 of assessed property value.

How Do our Tax Rates Compete