||| FROM ROBERT DASHIELL |||


A NO vote on the Orcas Fire District bond proposal on the November 4, 2025 ballot can result in an estimated $10 Million in Fire District additional capital funding at lower or same cost to Orcas Island taxpayers. 

Orcas Fire District commissioners had two sensible funding options for their logical and reasonable ask for $18.5 Million over the next 20 years for apparatus refurbishment/replacement and facility improvements. Option one was the 20-year bond, which they chose to offer to voters.  Option two was a Single-Year Permanent Levy Lid Lift.

Five well educated and intelligent commissioners made the wrong financial choice. 

The property tax increase for the bond is $.27/$1000 of assessed value. A Single-Year Permanent Levy Lid Lift could be less than the $.27/$1000, but assume they would ask for the same $.27/$1000 for this comparison of the two funding options. 

Bond costs will require the Orcas Fire District to pay $9+ Million in interest payments plus $.5+ Million on bond legal and selling fees.

All of the bond and interest expenses would be avoided with option two, a simple One-Year Permanent Levy Lid Lift. What that would do from a taxpayer perspective (at $.27/$1000)  is exactly the same as the bond option. All of that tax money would go to the fire district (same for both options), but the fire district would have no bond interest or fee payments. The result would be an estimated $10+ Million MORE for the fire district to use in apparatus and facility improvements in lieu of paying that $10+ million to bond holders. lawyers, and bond marketing entities in the next 20 years.

That’s and estimated 55% more money for the fire district in the next 20 years than the bond option would provide for capital expenditures. 

The downside of voting the bond down is the fire commissioners would have set back the capital improvement plan by a year by not doing the levy lid lift option this year. They would put before the voters a Single-Year Levy Lid Lift in 2026, and if a simple majority of voters approved, tax collect would begin in 2027.

That doesn’t mean they couldn’t start on the fire equipment refurbishment immediately. The current $.77/$1,000 approve in 2024 brought in an additional $1.274 Million to the fire district this year and an estimated $1.3 Million in 2026, and the fire district should have an annual excess of $300,000-$500,000 for each of those years. That is sufficient to get fire apparatus refurbishment started in 2026. 

A 2026 Single-Year Permanent Levy Lid Lift voter approved would add about $1.5 Million a year tax revenue to the fire district starting in 2027, and would increase each year under the Washington States property tax limitation of 1% plus new construction.

I’ve analyzed various local government bond and levy proposals for some 20 years. The five current fire commissioners have done commendable work improving Orcas Fire and Rescue, but their bond decision to fund future capital needs with a bond rather than a Single-Year Levy Lid Lift is (my opinion)  the arguably the worst funding decision I’ve observed a local small Agoverning body make.

The November bond vote is NOT about how much citizens appreciate the continuing fine work of the Orcas Fire District. It’s a vote about funding well thought out and needed capital improvements.

In conclusion, a  NO vote on the November bond proposal followed by YES vote next year on Single-Year Levy Lid Lift is the FAR better funding option for the next 20 years for Orcas Fire and Rescue.



 

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