This is an archive of a past election. See http://www.smartvoter.org/ca/cc/ for current information. |
League of Women Voters of California
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Measure K Bond Contra Costa Community College District 220,712 / 63.4% Yes votes ...... 127,328 / 36.6% No votes
See Also:
Index of all Measures |
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Information shown below: Yes/No Meaning | Impartial Analysis | Arguments | Tax Rate Statement | | |||||
To meet the expanding educational and job training needs of Contra Costa County, shall Contra Costa Community College District (Contra Costa College, Diablo Valley College, Los Medanos College, Brentwood Center and San Ramon Valley Center) issue its first bonds since 1948 in the amount of $236,000,000 at interest rates within legal limits to repair and renovate classrooms, upgrade science and computer labs, and modernize, construct, acquire, and improve property for, instructional and instructional support facilities, with a Citizens' Oversight Committee established to ensure funds are spent properly?
The ballot measure would authorize bonded indebtedness not to exceed two-hundred-thirty-six million dollars ($236,000,000) with interest not to exceed the maximum legal rate. In exchange for money received from the holder of the bonds, the District will promise to pay to the holder interest for a certain period of time and to repay the loan on the expiration date. The number of years the bonds are to run will not exceed twenty-five years from the date of the bonds or any bonds series. Subject to California Education Code section 15100, the money raised would be used for the following purposes: to repair and renovate classrooms; upgrade science and computer labs; and modernize, construct, acquire, and improve property for instructional and instructional support facilities. The District's resolution calling for the bond election also states the District's intent to use no more than $850,000 of the money raised to reimburse the District for its expenditures made on or after July 1,2000 and before this election for the capital costs of accessibility improvements to District facilities required to comply with the federal Americans with Disabilities Act and building improvements for the use of new technologies. The ballot measure also calls for the establishment of a citizens' oversight committee to monitor the spending of the funds. Two-thirds of those voting on the measure must approve the measure in order for it to pass.
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Arguments For Measure K | Arguments Against Measure K | ||
Contra Costa Community College District has been an educational asset to our community for over 50 years. More than one million students have benefited from an outstanding education at Contra Costa College, Diablo Valley College, Los Medanos College, Brentwood Center, and San Ramon Valley Center. Academic and job training programs provide excellent training for higher education or learning essential skills for better career opportunities.
In 1949 the college opened with 850 students. Today it is one of the largest and best community college systems in California, enrolling over 55,000 students. After extensive use of over five decades, existing facilities have grown old. Limited space has resulted in crowded, deteriorated classrooms. Overcrowded and deteriorating facilities are hurting the quality of our education system. The district has made every effort to manage resources wisely. But resources are limited and needs are growing. Electrical, heating and air conditioning, lighting and plumbing systems need repair. Science and computer labs are antiquated. Measure K will provide funding to rehabilitate deteriorated facilities and add classrooms and other essential instructional support space. Measure K will cost the average homeowner less than $1.50 per month. Measure K will:
Warren E. Rupf, County Sheriff-Coroner Bob Campbell, Former State Assemblyman Manuel Soliz, Jr., Member, Antioch City Council Donna Gerber, Board of Supervisors, District 3 Kristine Chase, President, Contra Costa Community College District Governing Board
Please Vote NO on K!
http://www.taxedenough.com
James M. Arata - Industrial Water-Treatment Consultant; Coordinator, Taxed Enough Already, Danville Jean D. Last - Teacher, Former Small Business Owner; Member, Taxed Enough Already, Brentwood Peter T. Muller - Construction Industry Consultant; Board Member, Alliance of Contra Costa Taxpayers, Orinda Cynthia Turner - Former Realtor; Member, Taxed Enough Already, Danville Nancy Woodfield - Small Business Owner; Member, Taxed Enough Already, Lafayette | Even if CCCCD could prove a legitimate $236 Million "need", THE APPROPRIATE FUNDING SOURCE WOULD BE CALIFORNIA'S IMMENSE STATE-BUDGET SURPLUS (approximately $13 BILLION in August, when these arguments were filed).
INSTEAD, CCCCD'S EXTRAVAGANT NEW MONSTER BOND SCHEME ASKS CONTRA COSTA TAXPAYERS TO FINANCE AN ADDITIONAL $236 MILLION GRAB-BAG. That's 62.8% higher than CCCCD's failed 1996 proposal for $145 Million.
PLEASE VOTE NO on K! Jeff A. Black - Financial Analyst, Danville; SRV Citizens Opposing Unreasonable New Taxes Mary Lopez - Former Real Estate Broker, Richmond; Taxed Enough Already Gregory K. Lyon - Construction Accountant, Alamo; Contra Costa Libertarian Party Coordinator Carl R. Piercy - Former Engineering Director; Lafayette Taxpayer's Association Angel C. Sudario - Information Technology Consultant; former Member of City Council, Antioch; Former Chair, Citizens Against Needless Taxes
Contra Costa is the largest county in California that does not have a four-year state college or university. As such, 55,000 local students attend one of the Contra Costa Community College campuses. These campuses are now aging and in need of major renovation. Job training facilities are outdated and in some cases obsolete. Classrooms are overcrowded. Currently Contra Costa taxpayers are paying no tax assessments for our local community colleges. In fact, we pay more for mosquito abatement than for higher education. The cost of this bond measure is small, less than 9 dollars per year for property assessed at $100,000. This is tax deductible. By law, no funds may be used to pay administrative salaries or benefits. All funds may only be used for facilities. Passage of Measure K will quality our community for state matching funds that would otherwise be given to other community colleges in other parts of the state. Passage of Measure K will ensure that our community colleges have the necessary facilities students need to face the challenges of a highly competitive, technology-driven society. Both Democratic and Republican leaders support Measure K. Business leaders, who will pay the largest proportion of the bond, also support Measure K. Nurses, teachers, police, firefighters, emergency medical workers, dental technicians, mechanics, computer programmers, are but a few of the many Contra Costa residents who will benefit from improved classrooms and facilities. Please vote Yes. Warren E. Rupf, County Sheriff-Coroner Bob Campbell, Former State Assemblyman Manuel Soliz, Jr, Member, Antioch City Council Donna Gerber, Board of Supervisors, District 3 Kristine Chase, President, Contra Costa Community College District Governing Board |
Tax Rate Statement from the Auditor-Controller |
An election will beheld in the Contra Costa Community College District (the "District") on November 7, 2000, to authorize the sale of up to $236,000,000 in general obligation bonds of the District to finance the acquisition and improvement of real property for District purposes. If such bonds are approved, the District expects to sell the bonds in six series. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400-9404 of the Elections Code of the State of California. 1. The best estimate of the tax which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the first series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is 0.860 cents per $100 ($8.60 per $100,000) of assessed valuation in fiscal year 2001-2002. 2. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the last series of bonds, based on estimated assessed valuations available at the time of filing this statement, is 0.860 per $100 ($8.60 per $100,000) of assessed valuation in fiscal year 2014-2015. The tax rate is expected to remain the same in each year the bonds are outstanding. Attention of all voters is directed to the fact that the foregoing information is based upon District projections and estimates only, which are not binding upon the District. The actual tax rates and the years in which they will apply may vary from those presently estimated, due to variations from these estimates in the timing of bond sales, the amount of bonds sold at any given sale, market interest rates at the time of each bond sale, and actual assessed valuations over the term of repayment of the bonds. The actual dates of sale of said vonds and the amount sold at any given time will be governed by the needs of the District and other factors. The actual interest rates at which the bonds will be sold will depend on the bond market at the time of each sale. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined in the assessment and the equalization process. Dated August 3,2000 John Hendrickson, Vice Chancellor - Finance and Administration, Contra Costa Community College District The assessed valuations used to calculate those tax rates appear reasonable.
Stephen Ybarra for
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