School Bonds Explained

What is a School Construction Bond?

Bonds are for buildings (and sometimes materials, textbooks and computers). A bond is typically the way school districts pay for major construction projects like building new schools and upgrading existing ones.

How does a Bond raise money for schools?

A school construction bond is a loan that the School District takes out and repays over time using revenues from local property taxes.

What can the money be used for?

This money can be used for large-cost projects, such as new construction, purchasing property or other assets, remodeling, large maintenance or repair projects, furnishing, equipping buildings, technology upgrades, curriculum, and classroom improvements.

What can the money NOT be used for?

A bond cannot be used for operating costs, salaries, retirement benefits or other expenses.

How is the RPS community involved?

A School District cannot sell General Obligation Bonds without the permission of the people who live in the District. Bonds must be approved by the majority of local voters in an election. Bond elections can be held in March, May, September or November.

Most recent bond work

In November 2000, voters approved a $23.9 million General Obligation Bond. These funds were used for major construction and restructuring projects primarily at Roseburg High School including the New Main, the Student Center and Rose Theatre.

2022 Bond

With a goal of bringing district schools up to basic levels of present-day construction, health and safety standards, the Roseburg School Board voted unanimously on Feb. 9 to place a capital improvement bond measure on the May 2022 ballot.
 
The Board, in a 7-0 vote, approved a resolution calling for a $154 million measure to fund improvements in health and safety, updates and repairs to aging schools, and expanded student learning opportunities at every school in the district. The estimated tax rate would be $1.85 per $1,000 of assessed property value. The district would also receive state matching funds of over $5.8 million to help fund bond projects if the bond is approved. 

The School Board vote followed several months of work by a Community Bond Development Committee to  determine the scope and size of the bond measure request and present its recommendations to the Board.