Each year, the school board secretary certifies the budget for the upcoming fiscal year following a public meeting to review the budget as required under Washington State Law. This meeting is typically held in the weeks prior to the upcoming school year.

The budget is prepared on the modified accrual basis of accounting. It is then reviewed and adopted by the School Board and establishes the total appropriation expenditures for each fund for the upcoming fiscal year. The Board then executes a resolution requesting the approval of the transfer of funds from the General Fund to the appropriate fund for payments.

The current budget is included below. Check out our Resource Library for archived budgets, accounts and fund balance reports. For more information about OSPI budget reports visit OPSI Apportion, Enrollment and Fiscal Reports.

The community of West Valley approved a bond in 2019 to construct Apple Valley and Summitview elementary schools. Due to favorable bids for the construction as well an expedited construction schedule, there were bond funds and state matching funds remaining in the Capital Projects fund after the construction was completed.

On Tuesday, June 27, 2023, the West Valley Board of Directors approved a resolution which will allow the District to move forward with several capital projects funded by the remaining bond funds and state matching funds.

The vote was the culmination of a year of deliberations, discussion, and community input regarding this issue.

In July 2022, the School Board heard a presentation regarding the process for defeasance which is how remaining funds can be used to decrease property taxes. Community forums were held during the school year to get input from the community. Community members provided a wide variety of comments and suggestions. Some community members said that all of the funds should be used for defeasance. Others said that some of the funds should be used for capital projects and some of the funds should be used for defeasance. Others said that all of the funds should be used for capital projects.

Community members had many suggestions for capital projects that should be considered. As the School Board listened to input and discussed information about priorities, Board members clarified that the focus for the resolution should be student health and safety as well as consideration for future growth (property acquisition).

Community forums were held on the following dates:
 

• Tues, October 4, 2022 at the West Valley Fire Station
• Tues, October 18, 2022 at the Harman Center
• Mon, March 20, 2023 at the HS Auditorium
   

The resolution identified the following:
 

• make various capital improvements throughout existing schools and facilities
• acquire land as sites for new and expanded facilities
• legally defease a portion of the District's outstanding funds
   

A public hearing on the resolution was held on the following date:

1. Tues, June 20, 2023 at the HS Library
    

On June 27, 2023, the resolution was approved at the School Board meeting. The vote was 3-2. Board members Mike Meyer, Dave Jaeger, and Mark Strong voted to pass the resolution. Mark Mochel and Michael Thorner voted no. With this vote, the District will move forward with capital projects that were identified in the resolution.