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2013 Bond

Photo of Tahoma High School

Tahoma School District's previous bond, approved by voters in November 2013, had a transformational effect. Students and staff in all nine school campuses, plus the Central Service Center, saw upgrades by the time construction was complete. The bond's total cost was $195 million.

The bond was broken into two sales:

  • The first sale occurred in 2013 for $100,000,000. This is a 20-year bond that was refinanced in 2023 to save taxpayers $6.8M. This bond expires in December 2033.
  • The second sale occurred in 2015 for $75,285,000. This is a 15-year bond that was refinanced in 2025 to save taxpayers $1.3M. This bond expires in December 2030. 

The remaining $19.7M deals with closing costs, bond premiums, etc. and has already been paid off.

What did they build at my school?

Financial Details

The 2013 bond was broken into two parts:

  1. $75.3 million collected in 2015 (Expires in December 2030)

  2. $100.0M collected in 2013 (Expires in December 2033)

The rest of the bond (about $19.7 million) includes covering costs and more, and has already been paid off.