League of Women Voters of California
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Measure G School Facility Improvement East Side Union High School District Bond Issue; 55% approval required 33,345 / 69.9% Yes votes ...... 14,342 / 30.1% No votes
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Index of all Measures |
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Information shown below: Yes/No Meaning | Impartial Analysis | Arguments | Tax Rate Statement | Full Text | |||||
To provide greater security and safety, relieve overcrowding, and improve technology at the following schools: Andrew Hill, Independence, James Lick, Mt. Pleasant, Piedmont Hills, Oak Grove, Santa Teresa, Silver Creek, Overfelt, Yerba Buena, Foothill, Alternative Schools, and the Adult Education Centers, shall the East Side Union High School District issue $298 million of bonds within legal interest rate limits to repair, build, and equip its facilities provided the spending of such funds is reviewed by an independent citizen oversight committee?
The Board of Trustees of the East Side Union High School District has ordered an election on whether bonds shall be issued and sold in the aggregate principal amount not to exceed $298,000,000 to construct, acquire, repair and equip classrooms, libraries, and improve safety of school facilities. Proposition 39, approved by the voters in a statewide election November, 2000, amended the California Constitution to authorize the issuance of bonded indebtedness to acquire or improve real property, if approved by fifty-five percent of the votes cast by voters in an election. The Constitution permits the debt service on such bonds to be paid through the imposition of ad valorem property taxes on property located within the district. The maturity of any such bonds issued would not exceed 25 years for those bonds issued pursuant to the Education Code, and 40 years for those bonds issued pursuant to the Government Code, at a rate of interest within the legal limit. The tax rate is estimated as set forth in the Tax Rate Statement. Since the interest rate on the bonds is determined when the bonds are sold the exact amount of the tax increase can only be determined after the bonds are sold. With annual audits and citizen oversight, proceeds of the bonds would be used to upgrade classrooms, athletic and computer facilities, replace windows, renovate restrooms and plumbing, renovate facilities such as gymnasium, food service areas, administration buildings, and libraries. A "yes" vote is a vote to authorize the issuance and sale of the general obligation bonds not to exceed the principal amount of $298,000,000 for the uses specified. A "no" vote is a vote not to authorize the issuance and sale of said bonds. Ann Miller Ravel, County Counsel By: Kathryn A. Berry, Deputy County Counsel
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Official Information
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Arguments For Measure G | Arguments Against Measure G | ||
In order to ensure safe, quality, technologically modern schools, the residents of the East Side Union High School District must approve Measure G, a $298 million bond issue.
We have all witnessed how quickly the world can change and we must keep investing to strengthen our schools, our community and our country. Measure G is this type of investment. It will give us the opportunity to continue with the job of creating an educational environment which serves our students and one we can all be proud of. Each one of our high schools-Andrew Hill, Independence, James Lick, Mt. Pleasant, Oak Grove, Piedmont Hills, Santa Teresa, Silver Creek, W.C. Overfelt, Yerba Buena, Foothill, Alternative Schools and our Adult Education Centers will directly benefit from Measure G. The following areas will be addressed:
We believe that now is the time to invest in our community. Please join with your neighbors in supporting our schools by voting YES ON MEASURE G. Blanca Alvarado, County Supervisor George Shirakawa, City Council Member/Vice Mayor Frank Fiscalini, Businessman John E. Neece, Former CEO Building Trades Richard K. Tanaka, Architect
We urge a NO vote on these four grounds: 3. If the district has problems (like dilapidated classrooms, leaky roofs, and aging restrooms), why weren't they fixed with the $80 million from the 1999 bond issue? We don't like to be asked for a new bond issue on top of a recent bond issue that ought to have seen to these basic needs of the school children. 4. We question the expensive idea of linking electronically all homes in the district with each district school. This is an extravagant proposal in light of the needs otherwise stated in the ballot argument. Until the district spells out its goals, school site by school site, we urge a NO vote as the most fiscally prudent approach. For more information visit http://www.VoteNOonG.org . H. Raymond Strong, Chair, Libertarian Party of Santa Clara County Elizabeth C. Brierly, MBA, Candidate, State Board of Equalization Dennis Michael Umphress, Libertarian Candidate for Congress, District 16 Dale Warner, Secretary, Independence High Neighborhood Association | When school boards put bond measures like Measure G before the voters, they are saying they want to buy now on credit and pay later. Often, like a credit card debt, by the time they pay it off, whatever they bought will need replacing.
A $298 million bond issue paying, for example, 5 percent simple interest for 25 years would mean $372.5 million in interest payments, plus $298 million in principle for a total of $670,500,000. As a consumer and taxpayer, you deserve to know the truth about these high costs. The annual interest payment of $14.9 million in the example is money that must be collected in taxes but goes to pay off bond holders, and is NEVER used for teacher salaries or classroom improvements. These interest payments are the cost of deficit financing. You, the taxpayers, pay this cost whenever your school board departs from the prudent and fiscally responsible practice of paying NOW for what is needed NOW, and budgeting to save for what will be needed in the future. Like the fiscally naive credit card holder, the school board could be tempted to spend this large sum of $298,000,000 unwisely, because it was viewed as easily obtained and they believe there will always be more available. Don't make it so easy. Vote NO on this enormous sum.
What's more important to you: Vote FOR responsible and effective spending for education: Vote NO on Measure G. For more details, please visit our website at http://www.VoteNOonG.org/ . H. Raymond Strong, Chair, Libertarian Party of Santa Clara County Dennis Michael Umphress, Libertarian Candidate for Congress, 16th District Jeff Landauer, Candidate for Congress, 15th District Elizabeth C. Brierly, Business Systems Analyst, MBA
The East Side Union High School District is one of the most well-managed, financially sound districts in California. For 51 years, they have lived within their budget while providing students with a great education. Even so, we all agree that there's nothing wrong in demanding that public money be conservatively managed and carefully watched over. That's why Measure G deserves your support.
Only the fiscally irresponsible can ignore the needs of our schools. Now is the time to support our schools. Vote Yes on Measure G! John G. Zamora, President, Capitol Development Group Mary Ann Andrade, Community Member Bud LoMonaco, Businessman Don S. Dawson, Teacher Nguyet Dinh, Administrator |
Tax Rate Statement from the Superintendent |
An election will be held in East Side Union High School District (the 'District') on March 5, 2002 to authorize the sale of $298 million in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code.
These estimates are based on projections derived from information obtained from official sources. The actual tax rates and the years in which they will apply may vary depending on the timing of bond sales, the amount of bonds sold at each sale and actual increases in assessed valuations. The timing of the bond sales and the amount of bonds sold at any given time will be determined by the needs of the District. Actual assessed valuations will depend upon the amount and value of taxable property within the District as determined in the assessment and the equalization process. Dated: 12-7-2001 Joe Coto, Superintendent, East Side Union High School District |
Full Text of Measure G |
The Bond Project List shown below is a part of the ballot proposition and must be reproduced in any official document required to contain the full statement of the bond proposition. The list below includes furniture, fixtures and other equipment relating to each item listed. JAMES LICK HIGH SCHOOL
The foregoing list of projects is subject to the availability of adequate funding to the District. Approval of the Bond measure does not guarantee that all of the projects, which are listed, will be funded beyond the local revenues generated from the Bonds. The District's proposal for the projects may assume the receipt of matching State funds, which could be subject to appropriation by the Legislature or approval of a State-wide Bond measure. |