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Bond Projects

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Bond Overview

Educational Excellence. Forest Hills is a neighborhood elementary school that serves approximately 400 students and is consistently recognized among Oregon’s top-performing elementary schools, according to Niche. Safe. Modern. Resilient. This bond measure represents the final phase of a three-part initiative to build safe, modern, and resilient schools in Lake Oswego. Maintain Estimated Current Tax Rate​​​​. If approved, the $245 million bond is projected to maintain LOSD’s current estimated bond tax rate of $2.90 per $1,000 of assessed property value. No increase in the bond tax rate is anticipated. MEASURE 3-628. Election Date: November 4, 2025

Proposed Bond 2025 Projects

Oldest School Replacement. Built in 1946, Forest Hills Elementary is one of our oldest elementary schools and is rated in the poorest condition based on third-party facility condition assessments. Forest Hills has obsolete systems and deteriorating infrastructure, including plumbing embedded in concrete and foundations that cannot be seismically upgraded. Replacement would be less costly than major repairs. If passed, this bond would:

  • Construct a new school building for Forest Hills Elementary at its current site.
  • Implement sustainable construction materials and design to support healthy, safe, and efficient operations.
  • Construct to Level 4 "Immediate Occupancy" standards to withstand a significant seismic event.
  • Make right-of-way improvements to the parking lot, sidewalks, and neighborhood traffic patterns.

If LOSD voters pass the bond measure in November 2025, construction at Forest Hills would begin in 2026. During construction, the school community would be housed at Uplands and move into the new school in the fall of 2028.

ceiling water leak stains
brick cracks and structure damage