LOSD to Place Bond Measure on November 2021 Ballot
At the public session Monday, the LO School Board unanimously voted to direct LOSD to place a capital bond on the 2021 ballot.
This bond is the second phase in a planned three-part construction and capital improvement program. The bond would provide funds to: rebuild a middle school; rebuild an elementary school; modernize science, technology and engineering labs at the high schools; and address priority capital repairs, improve accessibility, and make safety and security upgrades in facilities districtwide.
If the bond measure is approved, the District will receive $4,000,000 in matching state grants.
This bond is for $180,000,000 and is projected to cost an additional $0.92/$1,000 of assessed value annually. Actual rates may vary based upon market conditions when the bonds are sold and changes to assessed value.
Click here for the complete proposed bond ballot language.
Building Our Future, Together
In May, 2017, voters approved a $187 million bond measure to provide funds that will make critical capital investments at all schools, improve earthquake resiliency, expand or upgrade Science, Technology, Engineering, and Math (STEM) equipment and facilities, and replace Lakeridge Junior High School.
Please visit the links below for detailed lists of projects that will be completed at each school.
Visit this page often for project development updates.
Below is our current Bond Annual Report, which highlights projects and progress accomplished in 2020. It was mailed to all LO residents on Jan. 14, 2021.