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OSCIM grant could add up to $6.12M to Brookings-Harbor bond package
Summary
Piper Sandler told the Board BHSD is eligible for up to $6.12 million in Oregon School Capital Improvement Matching (OSCIM) funds, a match that could substantially increase project scope if awarded and timed into the ballot title.
Piper Sandler told the school board that under OSCIM BHSD is currently eligible for up to $6.12 million in matching funds, with the final award and exact amount dependent on the program's indexing and the district's property value per student. The firm cautioned that the award is not guaranteed and districts can be awarded or placed on a waitlist; timely application could allow a match to be included in a ballot title.
David Williams summarized the program and its mechanics to the Board, noting that OSCIM awards are typically finalized in time for inclusion on a ballot if the district's application is awarded. "BHSD is currently eligible for up to $6.12 million in matching funds," he said, while also reminding the Board that the match will depend on the district's ranking and award decisions by the state.
