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Superintendent announces Legacy School Bond 2025 on ballot; district discusses tax‑exemption request from housing partner
Summary
Superintendent Dr. Shealy told the board the Legacy School Bond 2025 (Measure 3628) will be on the November ballot and described bond uses and oversight. She also reported a meeting with a housing partner seeking a tax exemption and discussed district concerns and estimated tax impacts.
Dr. Shealy, superintendent of Lake Oswego School District 7J, told the board that the Legacy School Bond 2025 will appear on the November ballot as Measure 3628 and said the bond is intended to complete the district's three‑part program to replace and modernize older school facilities.
Dr. Shealy said a $245,000,000 bond is projected to preserve the district’s current estimated bond tax rate ("no increase in the bond tax rate," she said) while funding health, safety and security improvements, facility preservation and upgrades, and the replacement of the district’s two oldest elementary schools, Forest Hills and Lake Grove, on their current sites. She said the bond would also fund expanded…
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