Overview: What's in the bond?

What Will the Bond Do?

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Additional Capacity

$10,000,000

* Includes Management ($50,000,000), Contingency ($43,000,000) and Oregon State Capital Improvement Matching (OSCIM) Program (-$8,000,000)

what bond projects will be completed
At each school?

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how much are my taxes estimated to go up?

The current tax rate is $2.09 per $1,000 of assessed property value. The 2022 bond will increase the current tax rate by an estimated $0.25 per $1,000 of assessed property value. For a homeowner with an average assessed property value of $303,021, that's an increase of about $76 during the first year.

To compute your estimated tax increase for the first year: Your Assessed Property Value ÷ 1000 × .25 = Estimated Tax Increase

To compute your estimated tax total for the first year: Your Assessed Property Value ÷ 1000 × 2.34 = Estimated Tax Total

Average Market Property Value	Average Assessed Property Value¹	Current Tax Rate	Current Estimated Tax	Proposed Tax Rate Increase	Estimated Tax Increase²	Proposed Tax Rate	Estimated Tax Total
$511,684³	$303,021³	$2.09	$633	$.25	$76	$2.34	$709

¹ Know that the assessed value of your property is often significantly less than the market value of your property. The assessed value of your property may also increase.

² The table is only estimating the Year 1 total of the tax increase. Due to Measure 50, most homeowners will experience a minimum 3% annual tax increase, regardless of the proposed bond or fluctuations in market values.

³ Beaverton School District Average Market and Average Assessed Property Value for 2021-22 based on Washington Co. Dept. of Assessment & Taxation data.

To find your current assessed value, look at your Real Property Tax Statement.