If the proposed renewal levy is approved by voters in February 2026, the estimated local school tax cost for the owner of a $800,000 home in Hockinson will be about $35 less per month in 2027 compared to 2025. Why? Two reasons: 1. The 2015 Bond had a higher payment schedule for its first ten years, with payments on the Hockinson Middle School bonds will step down in 2026 and 2. The HSD refinanced the remaining bonds this past June, which will save approximately $1.38 million in interest over the next decade.
(Assessed home value) ÷ 1000 x 1.89 ÷ 12 = Monthly Cost to Homeowners in 2027
