Being in the money doesn't mean we have all we need

Yesterday's post may have misled some readers to believe that we are finished fundraising.

The reality is that we have fulfilled our financial need from the State of Oregon toward construction. For the first wing of the Center, OIT received a $10 million Article XI-F bond for construction. Toward the second wing, we received $9 million total ($5.5 in the 2007 Legislative Session and $3.5 in the February 2008 Special Session) in Article XI-G bond funding.

What's the difference between an F bond and a G bond? An F is fine, but you have to pay it back to the state. The G is great, because it does not have to be repaid.

The Prescription for Oregon capital campaign continues, as we still need funding for equipment and other expenses.

To visit the Center's Web pages, click here.