Multnomah County weighing options for $12–$15 million in library bond surplus

Aug 26, 2026

County library officials told commissioners they estimate $12–$15 million in unspent bond contingency when projects close and outlined allowable uses including parking expansion, buying leased space, designing future projects or reducing levy rate; reallocating funds to other county capital needs would require voter approval.

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Multnomah County library leaders told the Board of County Commissioners that they currently estimate roughly $12 to $15,000,000 will remain in the library capital bond program after the library projects are complete. Annie Lewis, the county's library director, said staff are developing order‑of‑magnitude cost estimates for potential uses and will bring recommendations to the program sponsors before any final decision.

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