Following a considerable amount of summer work by the Sheridan District Business Manager and Superintendent, Sheridan School District received a S&P Global - Rating of an A.

On August 12, this rating resulted in a successful sale of bonds that was 100% subscribed and resulted in a premium just over $280,000. These additional funds will be primarily used to cover fees associated with the bond sale, which would have otherwise come out of the $6 million bond.

The Oregon School Capital Improvement Matching (OSCIM - or "Awesome" Grant) Program provides matching grants to districts that pass a local general obligation bond. When voters decided to invest in our local schools, it resulted in a $6,000,000 matching grant from the Oregon Department of Education that doubled the funds available for Sheridan school improvement projects related to the May 2025 Bond.

More information is available here.

Proposals were received from six different organizations in response to the District’s RFP for a Project Manager. Proposals were scored and three organizations were selected for interviews later in July. Following discussion and reference calls, R&C Management Group, LLC was selected as the Project Manager for the upcoming Bond work.

Dear Sheridan Families, 

On behalf of our students, staff, and yes, our buildings – THANK YOU for standing behind our community’s children and passing our Sheridan Schools bond. 

The message from our community following our previous two bond attempts was clear: narrow the list down to the most critical needs that will allow our schools to continue to function. We listened, did that work, and you were true to your word. We are so grateful you have stayed beside us as we sought a level of funding that worked for our community as well as our schools. While projects not included in this bond will still need to be addressed in the future, this will allow us to make the most essential updates and repairs to the buildings where our children spend hours each day. 

We celebrate this moment – and we also know the work has just begun! 

The next step in the bond process is the formation of a Community Bond Oversight Committee, which will ensure bond funds are spent appropriately, and as promised. The application for this 5-person committee will be posted to the Sheridan School District website and Facebook in mid-July. 

Committee members must live in the boundaries of Sheridan School District and will be joined by representatives from the District, the District Board and the construction contractors to receive updates on budget, projects, communications and other bond related topics. In addition to bond projects, the committee will also have oversight on projects funded by the OSCIM grant and any additional capital improvement grants received by the district during this period. 

Applications are due by August 11, and meetings are estimated to begin in Fall 2025. 

We are very anxious to begin the work outlined in the bond, and will be working through the process of selling bonds, forming the Oversight Committee and selecting contractors in the coming months. Some smaller projects may be completed during the 2025-26 school year, however large-scale projects will be scheduled to begin in the Summer of 2026, which will allow time for planning and permitting processes to be complete. 

We are grateful for your support and look forward to seeing these improvements be implemented over the coming years!

Thank you!

-Dorie Vickery