Parks Replacement Bond Annual Report for 2017-18
In 2014, we asked for your help. We faced a precarious outlook for our award-winning parks system with a long list of much-needed repairs and limited maintenance funds. With a resounding show of support, 74% of you said “yes” to investing $68 million to fix our parks through the Parks Replacement Bond.
In the first three years, we are proud to report that of the 52 Bond projects, 21 are completed, and the remaining 31 are underway. We will ensure the remainder of the Bond projects are completed with equal success, and we thank you for this investment which will greatly benefit future generations of Portlanders.
To read the annual report, click here
Parks Replacement Bond funds are for urgent repairs and other capital costs, not park operations. The measure was approved by 74% of Portland voters in November 2014 and authorized up to $68 million in general obligation bonds to make repairs and improvements. The Bond is subject to an oversight committee, annual reports, and audits.
Find out more about the Bond and its projects at parksreplacementbond.org.