Mill Creek Beacon - Your Hometown News Source

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By Dr. Ian Saltzman
Everett Public Schools Superintendent 

School funding | Our Schools


Last updated 9/1/2021 at 12:02pm

Dear friends, I have been out in the community talking about our upcoming bond vote in April and have discovered there is a lot of confusion about how schools are funded. I would like to take I the opportunity to try and clarify a pretty complicated system.

Our budget has five parts: the general fund, which is the operating budget guiding our day-to-day activities; capital fund, which covers our long- term school construction and repair needs and cannot be spent on school operations; debt service which is used to pay the principal and interest on bonds issued to finance school construction...

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