Silver Falls district proposes $87 million bond for 2 new schools

Silver Falls School District leaders will put a 26-year, $87 million school bond on the Nov. 3 ballot to build two new schools and pay for upgrades for several buildings. The school board approved the measure Aug. 10.

If the bond passes, the district would receive another $10.2 million in matching funds from the state.

Property owners would be taxed $1.88 per $1,000 of assessed value. For a home with an assessed value of $250,000, that is about $460 per year…

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