The Gladstone School District estimates the proposed bond, if passed, would reduce the current bond levy rate of $4.28 per $1,000 assessed property value to $2.83 per $1,000, saving the average homeowner an estimated $438 per year.
Matching Funds Grant
If the measure passes, the district would receive a one-time $10.2 million matching funds grant from the State of Oregon
Bond Oversight
General obligation bond funds, and all district finances and expenditures, are subject to accountability measures including regular audits and School Board and citizen Budget Committee oversight to ensure funds are used as intended.
What would happen if the measure does not pass?
The projects outlined on this website would not be completed and the current tax rate would expire.
