Funding

On August 8, 2022, Tualatin City Council passed a resolution to include a parks bond on the November ballot for new park investments. The bond measure would authorize up to $25,000,000 in principal amount of general obligation bonds to finance capital costs related to trails, natural areas, sports fields, parks, and river access; and is expected to include a new east-west trail corridor and public access point on the Tualatin River, new and improved sports fields, and parks improvements citywide.

If approved, the tax rate is estimated to increase by 29 cents per $1,000 of taxable assessed value. Actual rates may differ based on interest rates incurred and changes in assessed value.

Funding will be allocated as follows:

$4.5 Million for trail connections, including a new trail at Nyberg Creek
$4 Million for a new river access in downtown Tualatin
$7 Million for athletic field improvements
$5 Million for upgrades to existing parks, including Stoneridge and Tualatin Commons
$3.5 Million for natural areas, including acquiring new parks and protecting our current natural resources
$1 Million for play equipment improvements

(dollar values are estimates)