2,112 / 55.8% Yes votes ...... 1,675 / 44.2% No votes

See Also: Index of all Measures

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 filing of the tax rate statement, is $0.05899 per $100 ($58.99 per $100,000) of assessed valuation in fiscal year 2028-2029.

The proceeds of the bonds would be used to make essential health, safety and building repairs at aging school facilities throughout the District; to increase energy efficiency; to relieve severe overcrowding by acquiring, expanding or renovating school sites; and to qualify for state construction matching funds.

At the discretion of the Board of Trustees of the District, all or any part of the bonds could be sold. The interest rate that the bonds would bear could not exceed the statutory limit per annum. Principal and interest on the bonds would be paid by revenue derived from an annual tax levied upon the taxable property within the District. If Measure S passes, the District is required to establish a Community Oversight Committee and to conduct annual financial and performance audits to ensure bond funds are only spent on school construction projects.

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 first series of bonds, based on estimated assessed valuations available at the time of the filing of the tax rate statement, is $0.02296 per $100 ($22.96 per $100,000) of assessed valuation in fiscal year 2003-2004. 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 of the tax rate statement, is $0.05436 per $100 ($54.36 per $100,000) of assessed valuation in fiscal year 2008-2009. 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 filing of the tax rate statement, is $0.05899 per $100 ($58.99 per $100,000) of assessed valuation in fiscal year 2028-2029.

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

EDUCATION CODE SECTION 15133.5

Approval of Measure S does not guarantee that the proposed project or projects in the Linden Unified School District that are the subject of bonds under Measure S will be funded beyond the local revenue generated by Measure S. The school district's proposal for the project or projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

Linden Unified School District

• Offical Website

MEASURE S provides up to $11.5 million from general obligation bonds to improve and modernize our schools.

MEASURE S will give Linden Unified school District the ability to receive additional State matching funds for building projects.

A Community Oversight Committee has been established to ensure that the bond funds are spent only for the specific purposes and projects identified. By law, no bond funds may be spent on salaries.

YOUR YES VOTE ON MEASURE S WILL:

• Build or enlarge multi-purpose rooms to relieve overcrowding

• Improve parking and address safety issues at all sites

• Construct a multi-use complex at Linden High School

• Maintain reduced class sizes

• Improve and modernize classrooms and necessary facilities at all schools

• Upgrade library facilities at all sites

• Provide classroom access to technology.

For our children and for our community, join parents, teachers, community members and your neighbors in voting YES on MEASURE S.

Our children are our future.

Submitted by:

Citizens Helping Improve Linden District

/s/ Monica Harman /s/ Diana Machado /s/ Annette M. Vana /s/ Clayton Titus /s/ Kenneth S. Vogel

(No arguments against Measure S were submitted)

1. 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 first series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.02296 per $100 ($22.96 per $100,000) of assessed valuation in fiscal year 2003-04.

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 of this statement, is $0.05436 per $100 ($54.36 per $100,000) of assessed valuation in fiscal year 2008-09.

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 of filing of this statement, is $0.05899 per $100 ($58.99 per $100,000) of assessed valuation in fiscal year 2028-29.

Voters should note that these estimated tax rates are based on the assessed value of taxable property in the District as shown on the County's official tax rolls, NOT on the property's market value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective tax rate than described above. Certain taxpayers may also be eligible to postpone the payment of taxes. Property owners should consult their own property tax bills and tax advisors to determine their property's assessed value and any applicable tax exemptions.

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 and market interest rates at the time of each sale, and actual assessed valuations over the term of repayment of the bonds. The estimates are based upon the District's projections and are not binding upon the District. The dates of sale and the amount of bonds sold at any given time will be determined by the District based on need for construction funds 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 by the County Assessor in the annual assessment and the equalization process.

Dated: July 17, 2002

/s/ Ronald Estes, Ed.D.

Superintendent
Linden Unified School District

Specific List of Facilities to be Funded: (NOT IN PRIORITY ORDER)

• Linden Elementary, Modernization matching funds for State Grant
• Linden Elementary, Parking lot improvements, including new student loading zone.
• Linden Elementary, Expand library, computer lab
• Linden Elementary, Improve access to Educational Technology/wiring/infrastructure
• Linden Elementary, Renovate and replace aging classrooms, including furnishings
• Linden Elementary, Improve, increase campus infrastructure for safety: landscaping, walkways, lighting, playground asphalt
• Linden Elementary, Expand Multipurpose Room, with restrooms.
• Waterloo Elementary, Construct Multiuse/cafeteria/auditorium with student restrooms.
• Waterloo Elementary, Improve, increase campus infrastructure for safety: landscaping, walkways, lighting, playground asphalt
• Waterloo Elementary, Parking lot expansion and improved student loading zone.
• Waterloo Elementary, Renovate and replace aging classrooms including furnishings and storage buildings.
• Waterloo Elementary, Expand library, computer lab
• Waterloo Elementary, Expand and update Educational Technology infrastructure
• Glenwood Elementary, Expand Multipurpose room, with teachers' work room and restrooms
• Glenwood Elementary, Improve/increase campus infrastructure for safety: walkways, lighting, landscaping, playground asphalt
• Glenwood Elementary, Expand library, computer lab.
• Glenwood Elementary, Expand and update Educational Technology infrastructure
• Glenwood Elementary, Renovate and replace aging classrooms including furnishings
• Waverly Elementary, Expand library, computer lab, add classrooms, student restrooms
• Waverly Elementary, Replace heating/air conditioning system
• Waverly Elementary, Improve/increase campus infrastructure for safety: walkways, landscaping, lighting, playground asphalt, parking expansion.
• Waverly Elementary, Expand and update Educational Technology infrastructure.
• Waverly Elementary, Renovate and replace aging classrooms including furnishings
• Linden High School, Renovate and replace aging classrooms including furnishings
• Linden High School, Construct Multipurpose-cafeteria-library-auditorium-student services center complex to provide indoor student seating for lunches and improved meal production facilities, expanded library capacity, replace student services offices and provide a stage for fine arts productions including furnishings.
• Linden High School, Improve/increase campus infrastructure for safety: walkways, lighting, landscaping, parking lot improvements and expansion
• Linden High School, Expand and update Educational Technology infrastructure
• Provide matching funds for state grants for the acquisition of property and the construction of a new school

Additionally, the Linden Unified School District shall establish a Community Oversight Committee (the "Committee") and will appoint the members of the Committee to be made up of a minimum of seven members comprised of at least the following: one member shall be active in a business organization representing the business community located within the District, one member shall be actively engaged in agribusiness, one member shall be active in a senior citizens' organization, one member shall be the parent or guardian of a child enrolled in the District, one member shall be both a parent or guardian of a child enrolled in the District and active in a parent-teacher organization. The District shall also annually cause to be prepared financial and performance audits related to the expenditure of the bond proceeds to ensure funds have only been expended on the specific projects listed.

All of the purposes enumerated in the foregoing proposition shall be united and voted upon as one single proposition. The bonds proposed to be issued and sold shall bear interest at a rate not exceeding the statutory limit per annum, and the number of years the whole or any part of the bonds are to run shall not exceed 40 years from the date of the bonds or the date of any series thereof.