What's in the School Bond on November 6th?
Ballot Measure 33-98
The Bond text;
BOND TITLE CAPTION
Bonds to improve safety; modernize, repair, replace schools; update technology.
Shall District improve safety; repair, replace schools; update technology, issue series of general obligation bonds totaling not more than $235,000,000? If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of sections 11 and 11b, Article XI of the Oregon Constitution.
If approved, the incremental property tax rate increase from the projected 2019 rate is estimated to be $1.34 per $1,000.00 of assessed value for the first year and a total estimated property tax rate of approximately $2.99 thereafter.
North Wasco County School District No. 21 would finance capital costs with a series of bonds issued approximately every 5 years. Issuance will be based on the recommendation of a citizen bond oversight committee appointed by the school board. Bond proceeds will be used to
Construct, equip and furnish a new high school;
Improve student and staff safety;
Construct, equip and furnish three or more elementary school;
Construct, equip and furnish an early learning center;
Renovate existing facilities;
Construct or renovate athletic facilities;
Retire existing Full Faith and Credit Obligations;
Pay issuance costs.
Each series of bonds would mature in 31 years or less from date(s) of issuance. Actual property tax rates may vary based upon interest rates incurred and changes in assessed value, but the rate would not exceed approximately $2.99 per $1,000 of assessed value.
The bond will be used to:
1. Construct, equip and furnish a new high school.
Located to replace current Watonka high school Campus.
Auditorium and gym located near entrance for public access.
Interior open air courtyard.
Two levels of classrooms that can be expanded.
Career education & shop facilities.
Commons and public gathering place
Literature and media library
2. Construct, equip and furnish three or more elementary schools.
Master plan of other schools construction and placement to be developed with community input.
3. Renovate existing facilities as NECESSARY.
Some essential maintenance and upkeep is necessary for the 20-year time period that the new schools are being constructed.
4. Construct an early learning center.
A separate school dedicated for pre-k and kindergarten students. Other school districts, such as Pendleton, have seen substantial benefits in developing an early learning center by starting children in a learning environment specially suited to their needs. This would also alleviate the overcrowding in the grade schools. Location has not been identified.
5. Construct or renovate existing athletic facilities.
Our athletic program will get a major boost. There is sufficient space on the Chenowith site for a new football/soccer/track field along with baseball, tennis and soccer practice facilities. Other facilities, such as Quinton St. ballpark, can be upgraded.
6. Retire existing Full Faith and Credit obligation.
The district will pay off current loans that were needed for essential maintenance. This will free up financial resources for ongoing school operations.
7. Pay issuance costs.
Pay interest on the bond.