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Parkrose SD 3 discusses Portland Clean Energy Funds, geothermal options and potential TIF losses
Summary
District leaders briefed the board on Portland Clean Energy Funds (student project allocations and district project vetting), possible long‑term geothermal/HVAC investments, and tax increment financing (TIF) impacts estimated at roughly $500,000–$700,000 over 30 years after state equalization.
Board and staff used part of the meeting to discuss capital and community funding opportunities, including Portland Clean Energy Funds (PCEF) and local tax increment finance (TIF) proposals.
District staff said Parkrose has been allocated PCEF money for sustainable projects and that the district is in the research and vetting phase. Staff noted students at the high school and middle school would each receive $15,000 to lead student‑driven projects; administrators…
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