McKenzie School District No. 68, Lane Bonds to Construct, Renovate, Repair and Improve District Facilities
Question: Shall McKenzie School District No. 68 issue $15,215,000 in bonds and receive a $4,000,000 state matching grant to renovate schools? 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.
The District will receive a $4,000,000 state grant only if bonds are approved. Bonds are expected to finance construction, renovation, repair and improvement of District facilities, including: new elementary school, play structures, demolition of existing school; high school improvements; upgraded gymnasium; security/safety features throughout the District; reconfigured bus dropoff area; and site improvements. A citizen oversight committee would ensure proceeds are used as intended. The estimated tax rate is $1.96 per $1000 of assessed property value.