This is an archive of a past election. See http://www.smartvoter.org/ca/la/ for current information. |
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Measure X Victor Valley College Job Training/Growth Measure Victor Valley Community College District School Bond 18 / 51.43% Yes votes ...... 17 / 48.57% No votes
See Also:
Index of all Measures |
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Results as of Dec 3 2:14pm, 0.00% of Precincts Reporting (0/0) |
Information shown below: Arguments | Tax Rate Statement | | |||
To improve education, serve a growing enrollment, and prepare Victor Valley College students for university transfer and high demand jobs, shall Victor Valley Community College District improve campus safety, repair, expand educational facilities, including classrooms for nursing, emergency medical, police, firefighting careers, aging plumbing, ventilating, roofing, electrical, safety systems, acquire sites, equipment, construct new educational facilities, by issuing $338 million in bonds, at legal rates with independent citizen oversight to monitor expenditures?
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Official Information Organizations Opposed News and Analysis Victor Valley Daily Press
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Arguments For Measure X |
Victor Valley Community College District has been the only High Desert college-level institution for over 45 years. Academic and job training programs provide local students with excellent preparation for continuing higher education and high demand, well-paid careers.
The college was founded in 1961 with 500 students. Today, Victor Valley College, like our communities, has grown significantly. Current enrollment of 11,000 is projected to nearly triple by 2015. VVC serves one of California’s largest geographical areas, providing accessible and affordable higher education to our region's more than 80,000 K-12 students. Limited state money has allowed the college to maintain and improve facilities over the years, but demand for additional academic and job-training classrooms and the need to repair and renovate aging buildings is now critical. Measure X funds will allow the college to keep pace with demand for trained health care professionals, police/firefighters and academic programs for students transferring to university.
Voting YES on Measure X will improve Victor Valley College and provide crucial facilities needed to prepare students for success in the local workforce and transfer to universities by:
A comprehensive, fiscally-responsible facilities improvement plan has been developed. Measure X will provide funds to implement the plan and increase the college’s ability to receive over $100 million in additional state monies (our tax dollars) to benefit our college. Without Measure X, state funds will likely go to other community colleges. Measure X funds benefit our community and, by law, can be used only to improve facilities, NOT for administrator salaries. Independent oversight and annual financial audits ensure bonds are spent properly and efficiently. We urge a YES on Measure X. Ballot Signers Sharon Runner, Assemblywoman Dr. Herb Fischer, San Bernardino County Superintendent of Schools Rudy Cabriales, Mayor Pro-Tem, retired Fire Chief, Victorville Percy Bakker, Senior Citizen and Hesperia Resident Donna Smith, Chief Nursing Officer Desert Valley Hospital, Apple Valley Resident
(No arguments against Measure X were submitted) |
Tax Rate Statement |
An election will be held in the Victor Valley Community College District (the “District”) on November 7, 2006, for the purpose of submitting to the electors of the District the question of issuing bonds of the District in a principal amount not to exceed $338,000,000. If such bonds are authorized and sold, the principal thereof and interest thereon will be payable from the proceeds of tax levies made upon the taxable property in the District. The following information regarding tax rates is given to comply with Section 9401 of the California Elections Code. Such information is based upon the best estimates and projections presently available from official sources, upon experience with the District, and other demonstrable factors.
Based upon the foregoing and projections of the District’s assessed valuation, and assuming the entire debt service will be paid through property taxation:
1. The best estimate of the tax rate that would be required to be levied to fund the 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 2.5 cents per $100 of assessed valuation (or $25.00 per $100,000 of assessed valuation) for fiscal year 2007-08.
2. The best estimate of the tax rate that would be required to be levied to fund the 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 2.5 cents per $100 of assessed valuation (or $25.00 per $100,000 of assessed valuation) for fiscal year 2013-14.
3. The best estimate of the highest tax rate that would be required to be levied to fund the bond issue, and an estimate of the years in which that rate will apply, based on estimated assessed valuations available at the time of the filing of this statement is again 2.5 cents per $100 of assessed valuation (or $25.00 per $100,000 of assessed valuation), which is projected to be the same in every fiscal year that the bonds remain outstanding. Attention to all voters is directed to the fact that the foregoing information is based upon projections and estimates only, which are not binding upon the District. The actual timing of bond sales and the amount of bonds sold at any given time will be governed by the needs of the District, the state of the bond market, and other factors. The actual interest rates on any bonds sold will depend upon market conditions and other factors at the time of sale. The actual assessed valuations in future years will depend upon the value of property within the District as determined in the assessment and equalization process. Therefore, the actual tax rates and the years in which such rates are applicable may vary from those presently estimated as stated above. |