Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Key Features and Benefits Explained
    • SEBI confirms existing short selling rules, details fund fee changes
    • Market upheavals drive biggest gains since 2008 for macro hedge funds
    • How Nursing Home Resident Trust Funds Benefit Older Adults
    • Shawford Springs Christmas fayre raised funds for charity
    • XRP ETF Reach $1.21B as Asset Managers See a ‘Third Path’
    • Top ETFs to Invest in 2026
    • Long/Short, Market Neutral, and More
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Early numbers show Lynden School District bond failing
    Bonds

    Early numbers show Lynden School District bond failing

    August 7, 2024


    Lynden School District’s bond will likely fail for a second time after preliminary election results on Tuesday night show only 47.78% of voters in favor of the bond. 

    4,757 votes have been counted as of 8:30 p.m. 

    The school district put a $157.5-million, 20-year bond to voters, asking them to commit to an estimated additional tax rate of $1.36 per $1,000 in assessed property value to rebuild Lynden High School, add classrooms to Isom and Bernice Vossbeck elementary schools, and upgrade safety, security and accessibility across district facilities.   

    Superintendent David VanderYacht said he’s disappointed the votes went “the wrong direction” in these early results.  

    “I think our community could benefit greatly from the project that the citizens’ groups put together, but at the same time I also recognize that our community has to support those plans,” VanderYacht said. “We need to continue working on finding the path that will be supported by the supermajority.”  

    He said the school district’s capacity issues won’t go away.  

    “If we’re going to be a growing community, we need to figure out how to grow our public services,” he said. 

    In February, when the district put the bond to voters for the first time, just under 51% of voters approved of the bond, falling short of passing by nearly 10 percentage points. Bonds need a supermajority of 60% to pass.  

    School districts statewide struggle to pass bonds. According to the state superintendent, school bonds have only passed 45% of the time in the last decade. 

    Lynden sought facility upgrades due to the increase in Lynden’s population over the last few decades. Superintendent David VanderYacht previously told CDN that Lynden High School was built in 1980, when the city’s population was 4,000. There are now almost 17,000 people in Lynden. 

    This is a developing story. Check back for updates. 

    Charlotte Alden is CDN’s general assignment/enterprise reporter; reach her at charlottealden@cascadiadaily.com; 360-922-3090 ext. 123.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Investment, Tax Benefits, and Long-Term Growth

    December 20, 2025

    How to Calculate Convexity Adjustment in Bonds, with Formulas

    December 19, 2025

    Understanding Bullet Loans and Bonds: Key Concepts Explained

    December 19, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    Key Features and Benefits Explained

    December 21, 2025
    Don't Miss
    Mutual Funds

    Key Features and Benefits Explained

    December 21, 2025

    Key Takeaways A mutual fund wrap, or wrap account, gives investors access to a selection…

    SEBI confirms existing short selling rules, details fund fee changes

    December 21, 2025

    Market upheavals drive biggest gains since 2008 for macro hedge funds

    December 21, 2025

    How Nursing Home Resident Trust Funds Benefit Older Adults

    December 21, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Advantages of Investing in Hybrid Mutual Funds Amid Market Volatility – ThePrint – ANIPressReleases

    May 29, 2025

    Treasury Yields Slip While Asian Equities Falter: Markets Wrap

    October 25, 2024

    FLDR: One Of The Safest Bond ETFs, But Not The Most Compelling

    October 6, 2025
    Our Picks

    Key Features and Benefits Explained

    December 21, 2025

    SEBI confirms existing short selling rules, details fund fee changes

    December 21, 2025

    Market upheavals drive biggest gains since 2008 for macro hedge funds

    December 21, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.