Bond Questions

Why does the district need a bond? Doesn’t the state provide funding for school construction?

The majority of funds received from the State of Oregon come from the State School Fund for school operations. This money goes into the district’s general fund to support operational costs like teacher and staff wages, benefits, utilities, supplies, etc. Salem-Keizer’s general fund for 2017-18 is about $479.5 million. The bond package slated for the [...]

2018-03-14T23:05:46+00:00March 14th, 2018|

What can bond funds be used for?

Bond funds can only be used for costs associated with items listed on the ballot, and cannot be used for general operations like school costs, staff salaries, benefits, utilities, etc.

2018-01-24T15:26:16+00:00March 30th, 2017|

Has the district considered boundary changes instead of expanding schools?

Yes. The state statute that governs how school districts must plan for facilities needs (ORS 195.110) says districts must examine alternatives to new school construction and major renovation. The district assesses school capacities every year based on current and future enrollment projections. School boundary changes are a normal part of making routine adjustments to balance [...]

2018-04-22T22:50:34+00:00April 22nd, 2018|

How is the marijuana tax revenue used?

The total revenues received from the state through the State School Fund, which include lottery funds and marijuana taxes, are to be used for general operations, not capital construction. Because of the way the state’s funding for K-12 education is calculated and structured, at this time, marijuana tax revenue is not expected to significantly change the [...]

2018-02-27T19:07:56+00:00January 24th, 2018|

Doesn’t Lottery money help with building costs?

According to the Oregon Lottery website, 57% of lottery dollars (after paying expenses and winners) is shared among four areas of education in the state. One of those four areas is the State School Fund, which is the source of operational funding for school districts in Oregon. Money received from the State School Fund goes [...]

2018-02-26T16:49:48+00:00January 24th, 2018|

This new school bond will raise my assessment by $1.24 per $1,000 of assessed value. Why such a large increase in our school bond taxes?

The estimated levy rate increase is derived from the total cost of work included in the final bond package. That is, in order to raise $619.7 million through a 20-year general obligation bond, the current levy rate would need to increase by an estimated $1.24 per $1,000 of assessed value. Community polling indicated support for [...]

2018-04-22T22:51:22+00:00April 22nd, 2018|

How has the district taken advantage of opportunities under SB 1149 and the seismic grant program?

In July 2018 when the final funds are received, the total reimbursements to the district under SB 1149 for the 2008 bond program will be $7,385,604. The district received $1.5 million for Englewood Elementary School in the SRGP seismic grant program. The district currently has a grant for $1.4 million for Four Corners Elementary School [...]

2018-04-22T22:51:38+00:00April 22nd, 2018|

What about asbestos abatement? How much is included in the bond?

No asbestos abatement is included in the bond because the district manages asbestos through its normal maintenance operations and the Healthy and Safe Schools and Buildings plan. There will be limited asbestos abatement in areas where construction and or additions require it. There isn't an intention to abate asbestos as a standalone project.

2018-04-23T18:45:06+00:00April 22nd, 2018|
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