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New measures would boost schools

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High Five
Monday, May 03, 2010

Two measures going on the primary ballot in May will provide some relief for Oregon schools and colleges, and won't cost taxpayers anything in the short run.

Measures 68 and 69 are focused on helping with construction and adjusting rules on how money can be borrowed and spent.

Measure 68, endorsed by both the Eugene and Springfield school boards, offers schools help with construction in two ways.

First, it expands the definition of “capital costs,” allowing school districts for the first time to use voter-approved capital bond funds for items such as desks, computers, textbooks and even land. The new definition would apply to bonded indebtedness incurred on or after Jan. 1, 2011.

Read the full story at The Register-Guard.

{biztweet}Oregon Measure 68 69{/biztweet}

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