PCC asks voters to pass $185 million bond
It's election day, and Portland Community College is asking voters to approve a bond worth $185 million, but this bond is not anticipated to raise current taxes.
That's because there are bonds that are expiring, so this bond essentially will just "renew" the rate. That means, if voters in Multnomah County vote "yes" on the bond, their tax rate is expected to stay at $0.40 per $1,000 of assessed property value.
On a home worth $350, 000, homeowners would pay $140 per year, or just over $11.50 a month.
Part of the money from the bond will go into the Sylvania campus, to modernize the health technologies, or HT, programs.
"We have a very diverse student population, and by supporting PCC, we are going to be able to increase the diversity of the workforce in a variety of different fields, including health care," Mark Mitsui, the PCC president, said.
The money will also go towards building a child care center on the Rock Creek Campus.
"Lack of childcare is a huge barrier for completion, particularly for single parents, and we want to be able to improve outcomes for single parents," Mitsui said.
PCC Forward is having an election night party Tuesday night. It'll be at McMenamin's Chapel Pub on N Killingsworth Street in Portland. It'll start at 7:30 p.m. All ballots are due by 8 p.m.