Costs

The district estimates that the proposed $27.5 million dollar bond will not increase the current tax rate. 

This is due to projected growth in total taxable assessed values district-wide and savings from refinancing previously issued bonds, Property owners in the Redmond School District are currently paying $2.45 per thousand of assessed value. 

State Matching Funds

The State of Oregon has awarded a matching funds grant of $7.6 million to help fund Bond projects. The District would only receive the grant if the bond measure passes.
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