PCC will ask voters to renew a $450 million bond measure
Portland Community College will ask voters within its expansive territory to renew a $450 million bond measure in November.
The proposed property tax rate would continue to be 38 cents per $1,000 dollars of assessed home value, meaning a taxpayer would pay $95 per year, or $7.92 per month, for property with an assessed value of $250,000.
A similar measure passed in 2017 with majorities in the four counties that comprise the college's service area; Yamhill County and the Newberg Center are included.
Planning and capital construction director Rebecca Ocken said it's difficult to project exactly what the revenue would fund.
"It's a crazy time in the construction world. We have budgets set up for each project and we're going to hold on until the bond measure vote to revisit those costs. We do know price escalation is bigger than ever," Ocken said. "It's not just major projects, but new lights and roofs and small projects too. It's those small things that really do make in what we can do to support our students' success."
The revenue would cover technology and equipment upgrades as well as new facilities. The largest building on PCC's Rock Creek campus, Building 2, was built in 1976. College leaders would like to tear it down and rebuild it with more modern, optimized space for programs like its automotive and building construction tracks.
Ocken added that the college is looking to expand its network of professional partnerships in Hillsboro, where it now leases space. The Sylvania campus in southwest Portland is due get a new communications technology building, she added.
More recently built centers, like Willow Creek in Washington County and the OMIC Training Center in Columbia County, are not in line for major upgrades through the bond.
Ballots will be due Nov. 8.
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