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Message from the Superintendent

June 4, 2024

Families -

I hope this message finds you well.

Recently, you may have heard about other districts throughout the region and state having to take drastic measures due to budgetary concerns. These measures include staff reductions, school or campus closures proposals, and program eliminations. I want to assure you that the Snohomish School District is not facing the same challenges.

Over the past years, our budget has weathered various storms, from state unfunded mandates to the challenges brought by the pandemic and shifting enrollment. Despite these hurdles, our focus on financial stability has remained steadfast, and I'm pleased to let you know that we are on a solid, positive trajectory. Here are some key points to note:

  • Our district boasts strong bond ratings (Moody's Aa3 and Standard & Poor AA-), indicating our capacity to meet financial commitments.
  • Enrollment trends are promising, with numbers slowly but steadily inching upward toward pre-pandemic levels of about 9,600 students. Projections for the upcoming year continue this trajectory, as we are forecasting approximately 9,400 students.
  • Our unassigned fund balance aligns with the Snohomish School District School Board policy #6022, that demands we maintain an amount of at least 4-6% of our expenditures.
  • Our financial decisions are grounded in intentionality, with a collaborative approach that involves our staff and community to ensure successful levies and sustainable practices.
  • Our community is supportive of our district. Local levy dollars make up about 16% of the district’s total budget. Every levy must be approved by local voters and is collected over a set number of years. The 2022 voter-approved Educational Programs and Operations Replacement Levy and the Replacement Levy for Technology, Safety and Facility Improvements will expire at the end of 2026. While 16% may not sound like a substantial number, it makes a dramatic difference in the quality of education our students receive in Snohomish.

I want to express my gratitude to you. Our current financial standing is a testament to the collective effort of our entire school community. It's not about any one individual or team but the dedication and resourcefulness of everyone involved in nurturing our students' growth and success.

Thank you for your unwavering commitment and contribution to our district's financial health. Together, we will continue to build a brighter future for our students and community.

Warm regards,