2026 Bond Overview

Hillsboro School District's most recent construction bond was passed in November 2017 for $408 million. That bond capitalized on a drop in property tax rates that would have occurred in the fall of 2018 after payoff of a number of outstanding bond issues if a new bond wasn’t passed in either November 2017 or May 2018. Because of this “gap,” HSD was able to keep the rate per $1000 of assessed value on taxable properties roughly even at approximately $2.25. 

We received an $8,000 OSCIM grant from the State, $79,300,000 in bond sale premiums, and $14,400,000 in bond interest, as well as smaller revenues from other sources, so we were able to invest approximately $514 million into our district between 2018 and 2023. 

We knew in 2017 that our next opportunity to seek a bond would come in November 2026, after the 2006 bonds were paid off.

To prepare for that opportunity, we have begun the process of developing our November 2026 bond package. 

Consultants Turner & Townsend Heery were hired to manage pre-bond work. They partner with Teater Crocker and IZO Marketing. We have also hired Wright Public Affairs to help with bond strategy and communications. 

A cross-functional Bond Development Committee of approximately 50 staff, students, Board representatives, community members, partner organizations, and industry experts has been convened to help review and recommend items for that bond package. The committee is co-chaired by former Hillsboro Mayor and Hillsboro School District administrator Steve Callaway, and former Hillsboro School Board member and City of Hillsboro staff member Erika Lopez. Scroll down to see more photos...