32,900 / 76.8% Yes votes ...... 9,935 / 23.2% No votes

See Also: Index of all Measures

1. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first year after the sale of the first series of bonds, based on estimated assessed valuations available at the time of this statement, is $0.0313 per $100 ($31.25 per $100,000) of assessed valuation in year 2001-02.

2. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first year after the sale of the last series of bonds, based on estimated assessed valuations available at the time of this statement, is $0.1027 per $100 ($102.75 per $100,000) of assessed valuation in year 2007-08.

3. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue, based on estimated assessed valuations available at the time this statement, is $0.1027 per $100 ($102.75 per $100,000) of assessed valuation in year 2007-08.

The average tax rate over the repayment period of all of the bonds (2001-02 through 2031-32) is estimated to be $0.0653 ($65.34 per $100,000 of assessed value).

Attention of all voters is directed to the fact that the foregoing information is based upon the District's 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 valuations over the term of repayment of the bonds.

Meaning of Voting Yes/No

A YES vote of this measure means:

A "yes" vote would allow the authorization up to $80 million of general obligation bonds to finance the acquisition and improvement of real property for school purposes.

A NO vote of this measure means:

A "no" vote would prevent Stockton Unified School District from issuing bonds of $80 million.

This measure, if approved by two-thirds of the registered voters voting thereon, will authorize the governing board of the School District to cause the sale of general obligation bonds in an amount not to exceed eighty million ($80,000,000) dollars.

In order to relieve overcrowding, rehabilitate aging schools, and improve safety conditions for students, the proceeds of the bonds could be used to provide financing for upgrading school facilities by acquiring land and constructing new schools, renovating existing classrooms, science and computer labs, upgrading inadequate electrical, roofing, ventilation, and plumbing systems, and meeting health, safety, and accessibility standards.

Principal and interest on the bonds would be paid from property taxes levied and collected each year upon all taxable property within the School District. Each year's tax levy would be at least sufficient to pay the interest and principal coming due prior to the next year's tax levy. The interest rate shall not exceed the maximum rate allowed by law. The best estimate of the tax which would be required to be levied to fund his bond issue during the first fiscal year after the sale of the first series of bonds, based on projected assessed valuations, is 3.13 cents per $100 ($31.25 per $100,000) of assessed valuation in fiscal year 2001/02. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first year after the sale of the last series of bonds, based on estimated assessed valuations at the time of filing of the tax rate statement is 10.27 cents per $100 ($102.75 per $100,000) of assessed valuation in fiscal year 2007/08. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue, based on estimated assessed valuations available at the time of this statement is 10.27 cents per $100 ($102.75 per $100,000) of assessed valuation in fiscal year 2007/08. The average tax rate over the repayment period of all the bonds (2001/02 through 2031/32) is expected to be 6.53 ($65.34 per $100,000 of assessed value).

The conduct of this general obligation bond election and the issuance of bonds will be in conformity with existing laws of the State of California and will not otherwise affect existing law. This analysis is submitted by the Office of the San Joaquin County Counsel pursuant to the requirement of Section 9500 of the Elections Code of the State of California.

The above statement is an impartial analysis of Measure G. If you desire a copy of Measure G, please call the Registrar of Voters office at (209) 468-8945 and a copy will be mailed at no cost to you.

Working alongside our new superintendent, the school board is committed to providing a quality education for every child in the district.

Student test scores are starting to go up. Teachers and administrators are working together like never before. And we're getting results.

The goal is within reach - but we need your help.

Our schools are old. Most were built in the 40s and 50s. Classrooms don't have enough computers because of outdated electrical wiring.

Classrooms are overcrowded. Our three high schools were designed for 5,700 students - they now hold over 8000 students. And it's worse at the elementary schools. We need more schools to reduce overcrowding and improve student performance.

Teachers work in rooms that can reach over 100 degrees in the summer. Books and papers get wet from leaky roofs in the winter. Science labs are outdated.

Out children deserve better - our community can do better.

Stockton is improving every day. We're cleaning up downtown. Jobs are up, and crime is at a five year low. It's time to fix our schools.

Good schools are an asset to a community. Property values increase. New employers bring jobs to communities will good schools. Many new construction jobs will be created. Everyone benefits.

Measure G will give our schools a fresh start.

Your YES vote will qualify the District to receive $98 million dollars in state matching funds - money that will go to other school districts if Measure G fails.

A Citizens' Oversight Committee made up of business leaders and taxpayers will carefully monitor all spending of bond funds - your tax dollar will be spent wisely.

Vote YES on Measure G - Good schools for Stockton's future.

/s/ Patrick Johnston, State Senator

/s/ Gary Podesto, Mayor, City of Stockton

/s/ Edward J. Chavez, Stockton Chief of Police

/s/ Steve Gutierrez, County Supervisor

/s/ Floyd Weaver, Businessman