The Redmond School District Board of Directors voted unanimously to place a $27.5 million bond measure on the ballot this November during a regularly scheduled board meeting on August 12.
The $27.5 million bond measure is not estimated to increase the current tax rate due to savings from refinancing previously issued bonds and projected growth in total taxable assessed values district-wide. In addition to this unique circumstance, the district has qualified for a $7.6 million matching grant from the State of Oregon’s OSCIM program. The district will only receive this grant if the measure passes.
“The board and the district respect the financial concerns of our community,” shared Tim Carpenter, Redmond School District Board Chair. “With thoughtful planning and actions this measure will not add taxes to our community. We believe this bond will protect our students and staff and preserve the life of our facilities while being good stewards of community resources.”
The board’s decision comes two years after the district’s narrow loss of a $70 million bond measure in 2018. After months of discussion and continued work from …