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Lake Oswego board votes to refer $245 million school bond to November ballot, keeping tax rate steady
Summary
The Lake Oswego School District board voted to refer a bond measure estimated to raise about $245 million to the November ballot, with district leaders saying the measure would maintain the district's current tax rate and fund safety, repairs and career-technical learning spaces.
The Lake Oswego School District Board on July 21 voted to refer a bond measure to the November 2025 ballot that district officials estimate could raise about $245 million if sold in two tranches.
District Superintendent Dr. Jen Shealy, presenting the resolution, asked the board to put the measure before voters and described the next steps if the board approved the measure. "It's our pleasure to be here today to officially ask your...action to refer the bond to the ballot in November. Before you, we have the resolution. Should you take action on it, the next steps would be we would file it with the county, and there would be a 10 day publication period," Shealy said during the meeting.
Why it matters: District officials told the board the measure is designed to preserve the district's current estimated…
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