School Board approves Hacienda CDZ tax exemption resolution despite funding concerns

The Lake Oswego School Board convened on June 30, 2025, to discuss a significant resolution that could impact local education funding. The board members deliberated on a tax exemption resolution proposed by the Hacienda Community Development Corporation, which aims to bolster community support systems for students.

Director Harmon initiated the motion to approve the tax exemption, emphasizing the importance of collaboration among the school district, city, and community to support local youth. The motion received a second from Director Bills, who expressed a cautious yet supportive stance on the proposal.

During the discussion, Director Bills highlighted the complexities of the decision, noting the potential unintended consequences that could arise from the financial implications of the tax exemption. He acknowledged the challenges faced by the school district in securing funding, especially after a difficult financial year. Despite his reservations, he ultimately decided to support the motion, citing strong community backing for the initiative.

The board's decision to move forward with the Hacienda tax exemption reflects a commitment to fostering partnerships that can enhance educational resources, even as members remain vigilant about the financial ramifications for the school district. This resolution is expected to play a crucial role in shaping the support systems available to students in the Lake Oswego area.

As the school board continues to navigate these financial challenges, the community will be watching closely to see how such decisions will influence local education and student support in the coming years.