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Superintendent says $245 million bond (Measure 3628) will be on November ballot

Lake Oswego School District Board (SD 7J) · August 11, 2025
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Summary

Superintendent Dr. Shealy told the board the district's 'legacy school bond 2025' — a projected $245,000,000 measure — will appear on the November ballot as Measure 3628 to fund safety, facility preservation and replacement of two older elementary schools.

Superintendent Dr. Shealy updated the board that the district's final phase of a multiyear initiative, described as the "legacy school bond 2025," will appear on the November ballot as Measure 3628 and is projected at $245,000,000. She said the bond is designed to "maintain LSD's current estimated bond tax rate, which is a no increase in the bond tax rate," and that funds would pay for health, safety and security improvements, facility preservation and replacement of the two oldest elementary schools on their current sites.

Shealy also previewed state reporting changes tied to an education accountability bill that will alter reporting frequency for certain enrollment and outcome metrics and discussed operational items including kindergarten transition, an admin retreat and ongoing HVAC work (staff said units are on the roof but breakers are pending). She urged the public to consult the district website for bond oversight information, which she said will include a citizen‑led bond accountability committee, audits and quarterly expenditure reports.