Facility/Bond Info
School Bond Measure Slated for May 16 Ballot
In May, the community will have the opportunity to invest in safe, warm, and dry school buildings for Mt. Angel School District students. The Board of Directors has voted to place a bond measure on the ballot that addresses district-wide facility needs by replacing and repairing aging school building systems.
The Challenge
Facility needs in all three schools have reached critical levels and response to these needs can no longer be deferred. Annual state school funding has been used responsibly to patch and repair to the maximum extent possible. At this time, however, there are larger systems, such as heating, that are considered ‘end of useful life’. Annual state school funds are not sufficient to cover the cost of replacement. As an example, a replacement heating and boiler system at one school can carry a price tag of around $2 million dollars.
The Proposed Solution
A comprehensive, long-term bond proposal of $7 million for safe, warm, and dry schools has one focus: Replace and repair aging systems in all three schools.
Community Communications
What Work Is To Be Completed
Estimated increase statement
If passed, the bond would invest $7 million in Mt Angel schools plus $4 million in matching grants from the state.
If passed, the estimated increase over the current bond levy is $1.12 per $1,000 of assessed property value. The estimated increase would be for 8 years, until the existing bond is paid off in 2032. The remaining 12 years of the bond is estimated to cost $1.57 per $1,000 of assessed property value. Actual levy rate may differ due to final interest rates and changes in assessed value.
