Revised Code of Washington
Chapter 28A.315 - Organization and Reorganization of School Districts.
28A.315.245 - Adjustment of assets and liabilities.

RCW 28A.315.245
Adjustment of assets and liabilities.

In determining an equitable adjustment of assets and liabilities, the negotiating school districts and the regional committee shall consider the following factors:
(1) The number of school-age children residing in each school district and in each part of a district involved or affected by the proposed change in school district organization;
(2) The assessed valuation of the property located in each school district and in each part of a district involved or affected by the proposed change in school district organization;
(3) The purpose for which the bonded indebtedness of any school district involved or affected by the proposed change in school district organization was incurred;
(4) The history and relationship of the property affected to the students and communities affected by the proposed change in school district organization;
(5) Additional burdens to the districts affected by the proposed change in school district organization as a result of the proposed organization;
(6) The value, location, and disposition of all improvements located in the school districts involved or affected by the proposed change in school district organization;
(7) The consideration of all other sources of funding; and
(8) Any other factors that in the judgment of the school districts or regional committee are important or essential to the making of an equitable adjustment of assets and liabilities.

[ 1999 c 315 § 701.]

Structure Revised Code of Washington

Revised Code of Washington

Title 28A - Common School Provisions

Chapter 28A.315 - Organization and Reorganization of School Districts.

28A.315.005 - Governance structure.

28A.315.015 - Purpose—Policy.

28A.315.025 - Definitions.

28A.315.035 - Organization of school districts.

28A.315.045 - Reorganization.

28A.315.055 - Conflicting or incorrectly described school district boundaries.

28A.315.065 - District boundary changes—Filing with county auditor.

28A.315.085 - Personnel and supplies—Reimbursement.

28A.315.095 - Regional committees—Powers and duties.

28A.315.105 - Regional committees—Appointment and terms of members—New regional committees.

28A.315.115 - Regional committees—Membership limitation.

28A.315.155 - Regional committees—Members' expenses reimbursed.

28A.315.165 - Regional committees—Organization, meetings, quorum.

28A.315.175 - Superintendent of public instruction—Powers and duties.

28A.315.185 - Annual training.

28A.315.195 - Transfer of territory by petition—Requirements—Rules.

28A.315.199 - Transfer of territory or dissolution of financially insolvent school district by petition—Notification to affected districts—Mediation—Request for hearing—Notification to regional committee—Costs.

28A.315.205 - Transfer of territory or dissolution by petition—Regional committee responsibilities—Rules—Appeals.

28A.315.215 - Transfer of territory or annexation of financially insolvent district by agreement or order—Approval—Order—Previously approved and imposed excess tax levies.

28A.315.221 - Financial oversight committee—Membership—Review of financially insolvent districts—Enhanced financial monitoring—Rules.

28A.315.225 - Dissolution and annexation of certain districts—Dissolution of financially insolvent districts—Annexation of nondistrict property.

28A.315.229 - Employment contracts and collective bargaining agreements in dissolved financially insolvent districts.

28A.315.235 - Consolidation—Petition.

28A.315.245 - Adjustment of assets and liabilities.

28A.315.255 - Adjustment of indebtedness.

28A.315.265 - Adjustment of bonded indebtedness—Order—Special elections.

28A.315.275 - Notice of elections.

28A.315.285 - Special election—Determination—Order—Certification.

28A.315.295 - Rejection of proposal.

28A.315.305 - School district organizational changes—Corporate existence—Payment of bonded indebtedness—Levy authority—Levy requirements for dissolved or annexed financially insolvent school districts.

28A.315.308 - School district organization changes—Adjustment of school district assets and liabilities—School districts in two or more educational service districts.

28A.315.311 - Validation of proceedings to effect dissolution, annexation, consolidation, or transfer of territory between districts.

28A.315.315 - Appeal.

28A.315.325 - Condensed compliance reports—Second-class districts.

28A.315.902 - Rule-making authority—2012 c 186.