Bethel school bond could fund major repairs without raising taxes

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Updated: 8/15/2012 8:34 am

EUGENE, Ore. (KMTR) -- The Bethel school board and district supporters are asking voters for their help with a big bond this November. A $49.5 million bond is on the ballot to fund the replacement of two outdated schools plus repairs and upgrades all over the district.

District representatives say other bonds are currently being paid off, which means if voters pass the new measure their tax rate would not increase.

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The views expressed here do not necessarily represent those of NewsSource 16

justmy2 - 8/16/2012 1:17 PM
1 Vote
If voters pass the new measure, tax rates will not increase. BS!!! Only in the fantasy world of public employees!

Orecity - 8/15/2012 7:23 AM
0 Votes
The money comes from the people who buy the bonds. The school district repays them over the course of several years. Since interest rates are very low right now, the district figures it can to that without asking homeowners for any more tax money.

mongomaniac - 8/14/2012 8:46 PM
0 Votes
money is never free, where is the money going to come from?. a property tax increase?. I live on a fixed income, I CANNOT AFFORD ANY MORE TAXES.!
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