RIDGEFIELD — The Ridgefield school board on Thursday unanimously approved a replacement bond to be placed on the February 2022 special election ballot.
The bond, which will be listed as Proposition 7, would cost an estimated $62.6 million to fund the construction of a new elementary school and expansion of Ridgefield High School. In order to pass, the bond will require a 60 percent supermajority.
This proposition replaces a previously proposed bond that the board approved Nov. 12. Since then, the district became aware of additional funding from the state that, if accepted, would complete the same intended projects while reducing the tax burden for local residents by an estimated $4.2 million.
“After passing our initial bond resolution, the state informed us that our community has qualified for additional assistance from the state’s matching funds program,” Ridgefield school board President Joe Vance said. “We are pleased that the state is acknowledging the tremendous growth happening in Ridgefield and providing additional assistance funds should voters elect to pass the bond.”
Ridgefield residents are currently paying $3.19 per $1,000 assessed home value in school taxes. If voters approve the new bond, collections would begin in 2023 at $3.44 per $1,000 assessed value.
The state funding lowers the proposed bond’s rate approximately 7 cents in comparison with the bond proposed in November.
The new elementary school to be constructed in Ridgefield, at 7025 N. 10th St., would help accommodate the 116.6 percent population increase the city saw between 2010 and 2020. The expansion to Ridgefield High School would provide additional classroom and lab space for the school’s many career and technical education programs.