Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • SEBI makes direct mutual fund plans default, pushes transparency on costs and commissions
    • Is Vanguard Small-Cap Growth Index Admiral (VSGAX) a Strong Mutual Fund Pick Right Now?
    • RBC Global Asset Management Inc. announces October 2026 cash distributions for ETF Series of RBC Funds
    • Over 63% of retail mutual fund AUM is in regular plans: Why is SEBI pushing direct plans? Experts explain pros and cons
    • 5,500 ETFs and Counting: Where the Market Goes Next
    • Fundraising dominance of mega-funds wanes in line with performance
    • Treasury Bonds vs. Corporate Bonds: Breaking Down VGIT and VCIT
    • Precinct Properties Investments (NZSE:PCT) Stock May Be 24% Below Fair Value On Cash Flow
    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

    Treasury Bonds vs. Corporate Bonds: Breaking Down VGIT and VCIT

    October 30, 2026

    Notice on public offering of subordinated bonds of Inbank

    October 29, 2026

    If you buy corporate bonds, how much will your money grow? I looked into real-world examples of 4% range in yen and 6% range in US dollars

    October 29, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Fundraising dominance of mega-funds wanes in line with performance

    October 30, 2026

    SEBI makes direct mutual fund plans default, pushes transparency on costs and commissions

    October 30, 2026

    5,500 ETFs and Counting: Where the Market Goes Next

    October 30, 2026

    Global equity funds draw inflows for a sixth straight week

    October 30, 2026
    Don't Miss
    Mutual Funds

    SEBI makes direct mutual fund plans default, pushes transparency on costs and commissions

    October 30, 2026

    Tuhin Kanta Pandey, SEBI Chairman | Photo Credit: PTI Capital markets regulator SEBI has directed…

    Is Vanguard Small-Cap Growth Index Admiral (VSGAX) a Strong Mutual Fund Pick Right Now?

    October 30, 2026

    RBC Global Asset Management Inc. announces October 2026 cash distributions for ETF Series of RBC Funds

    October 30, 2026

    Over 63% of retail mutual fund AUM is in regular plans: Why is SEBI pushing direct plans? Experts explain pros and cons

    October 30, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    El Paso County Commissioners vote to put UMC, capital improvement bonds on the November ballot

    August 12, 2024

    How Delaying a Step-Up SIP Can Affect Your Long-Term Corpus

    September 26, 2026

    AI-Powered Mutual Funds Beat Traditional Funds

    February 3, 2026
    Our Picks

    SEBI makes direct mutual fund plans default, pushes transparency on costs and commissions

    October 30, 2026

    Is Vanguard Small-Cap Growth Index Admiral (VSGAX) a Strong Mutual Fund Pick Right Now?

    October 30, 2026

    RBC Global Asset Management Inc. announces October 2026 cash distributions for ETF Series of RBC Funds

    October 30, 2026
    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

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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