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Measure C Bond Oakdale Joint Unified School District Bond Measure - 55% Approval Required
See Also:
Index of all Measures |
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Results as of Dec 5 10:30am, 100.0% of Precincts Reporting (2/2) |
Information shown below: Impartial Analysis | Arguments | Tax Rate Statement | Full Text | ||||
To improve the quality of education, shall the Oakdale Joint Unified School District construct, acquire, renovate and repair classroooms and school facilities including vocational and multi-purpose classrooms, and a new elementary school; improve student safety and handicap accessibility; improve student access to computers and modern technology; and become eligible for State matching funds by issuing $37.5 million in bonds with legal interest rates with annual audits, spending reviewed by an independent citizens' oversight committee, and no money for administrator salaries?
If the bond measure is approved, pursuant to sections 15278 and 15282 of the California Education Code, the District is committed to establish an independent citizens oversight committee. The District has committed that the proceeds from the bonds will be used for the construction, reconstruction and /or rehabilitation of school facilities including the furnishing and equipping of school facilities or acquisition or lease of real property for school facilities and not for any other purpose, including teacher and administrator salaries and other school operating expenses. The best estimate of the highest tax rate that would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, is $.03260 per $100 ($32.60 per $100,000) of assessed valuation. Subject to the provisions of the California Constitution and the California Education Code, an annual tax shall be levied upon the property within the jurisdiction of the District for the interest and redemption of all outstanding bonds of the District authorized by this measure. The annual tax shall not be less than sufficient to pay the interest on the bonds as it becomes due and to provide a sinking fund for payment of the principal on or before maturity and may include an allowance for an annual reserve, established for the purpose of avoiding fluctuating tax levies.
--A "yes" vote is a vote to authorize the District to issue
--A "no" vote is against authorizing the District to issue
This analysis is submitted by the Office of the Stanislaus County Counsel pursuant to the requirements of section 9500 of the Elections Code of the State of California. Dated: August 16, 2006 /s/ Michael H. Krausnick, County Counsel of the County of Stanislaus
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Arguments For Measure C |
ARGUMENT IN FAVOR OF MEASURE C
Everyone knows the importance and value of having quality schools. From higher achieving students to greater safety to improved property values, quality schools make a difference. While teachers and staff do their best in educating our children, overcrowded and aging classrooms are inadequate to provide students with the education they need to succeed. Our schools are overcrowded. The schools of Oakdale Joint Unified School District are currently 300 students over capacity and are expected to grow by 500 students in five years. Our schools are outdated and need major upgrades and improvements. While facilities have been well maintained over the years, classrooms, many over 40 years old, must be brought up to today's modern standards. Your YES vote on Measure C will create a lasting, positive impact on the quality of our schools, neighborhoods, and community. Measure C will improve classrooms and school facilities throughout the District by: · Constructing a new elementary school and additional classrooms to reduce student overcrowding · Replacing outdated temporary portable classrooms with permanent classrooms · Making health and safety and handicap accessibility improvements · Upgrading and modernizing outdated classrooms, restrooms, and school facilities · Improving student access to computers and modern technology by upgrading electrical and data systems As taxpayers, we agree in the importance of quality schools and legal safeguards. Measure C has taxpayer protections in place and makes financial sense. · By law, all spending will be annually audited and reviewed by an independent citizens' oversight committee · No money can be used for administrative salaries · Funds can only be spent to improve our schools Measure C deserves our support because it will not only maintain the quality of our local schools; it will also help us maintain the quality of our community. VOTE YES ON MEASURE C! Submitted by: /s/ Norm Antinetti /s/ Michael J. Bacigalupi, Owner Operator /s/ Dale C. Clipper /s/ Rich W. Jones, OJUSD Board President /s/ Britta M. Skavdahl
(No arguments against Measure C were submitted) |
Tax Rate Statement from Oakdale Assistant Superintendent |
TAX RATE STATEMENT FOR MEASURE C
An election will be held in Oakdale Joint Unified School District (the "District") on November 7, 2006 to authorize the sale of $37,500,000 in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code. 1. The best estimate of the tax rate that would be required 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 $.03260 per $100 ($32.60 per $100,000) of assessed valuation in fiscal year 2007-08. 2. The best estimate of the tax rate that would be required 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 $.03260 per $100 ($32.60 per $100,000) of assessed valuation in fiscal year 2011-12. 3. The best estimate of the highest tax rate that would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, is $.03260 per $100 ($32.60 per $100,000) of assessed valuation. 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: August 9, 2006 /s/ Tim Hern, Assistant Superintendent, Business |
Full Text of Measure C |
FULL TEXT OF MEASURE C
EXHIBIT A
This proposition may be known and referred to as the Oakdale Joint Unified School District or Measure C. FINDINGS
The Oakdale Joint Unified School District (the "District"), which serves the community of Oakdale and portions of Stanislaus and San Joaquin Counties, is becoming a recognized leader in providing top quality education to Stanislaus and San Joaquin County students.
The achievements have been accrued by the District as a result of the visionary leadership from the Board of Trustees of the District (the "Board"), as well as from staff members, parents, and members of the District communities. The District has benefited from a community that supports its educational institutions by establishing high standards for academic achievement while at the same time providing the means required to meet and even to surpass those expectations.
The District has a mixture of newer and older facilities. Portions of Oakdale High School and Magnolia Elementary School have been serving students and the community for more than fifty-eight (58) and sixty-seven (67) years respectively.
In order to provide our local students with the same classrooms and school facilities as other California school districts, major repairs, upgrades, and classroom construction are necessary to ensure these buildings will remain functional for future generations.
The Board has approved a facilities plan and identified significant repairs, upgrades, and classroom construction needs due to increased enrollment that are more than the District is able to fund from currently available sources or annual revenues.
The District has successfully sought, and continues to seek, all available outside sources of funding to improve our school buildings, including local, state, and federal grants and state bond funds. Historically, the state requires that local school districts provide local funds as a condition of receipt of state matching funds.
It is necessary to seek voter approval of a bond measure in order to provide the local funding for identified school facility repairs, modernization projects, and growth needs to address student enrollment. BOND AUTHORIZATION
By approval of this proposition by at least 55 percent of the registered voters voting on the proposition, the district shall be authorized to issue and sell bonds of up to $37,500,000 in principal at interest rates below the legal limit, to provide financing for the specific school facilities projects listed in the Bond Project List attached hereto as Exhibit A+1, subject to all the accountability requirements specified below. BOND PROJECT LIST
The Bond Project List attached to this resolution as Exhibit A+1 shall be considered a part of the ballot proposition and shall be reproduced in any official document required to contain the full statement of the bond proposition.
Approval of this Bond Measure C (the "Measure") does not guarantee that the proposed project or projects in the District that are the subject of bonds under the Measure will be funded beyond the local revenues generated by the Measure. If state matching funds become available, they will be used for and applied to the Bond Project List as per Exhibit A+1. The District's proposal for the project or projects assumes the receipt of matching state funds, which could be subject to appropriations by the Legislature or approval of a statewide bond measure. ACCOUNTABILITY REQUIREMENTS
The provisions in this section are specifically included in this proposition in order that the voters and taxpayers in the District may be assured that their money will be spent wisely to address specific facilities needs of the District all in compliance with the requirements of Article XIIA, Section 1(b)(3), of the State Constitution and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Education Code Sections 15246 and following).
Evaluation of Needs. The Board, after a lengthy process involving staff members, parents, students, and community members throughout the District, has prepared an updated facilities plan in order to evaluate and address all of the facilities needs of the District and determine which projects to finance from a local bond at this time. The Board hereby certifies that it has evaluated safety, class size reduction enrollment growth, and information technology needs in developing the Bond Project List contained in Exhibit A+1.
Independent Citizens' Oversight Committee. The Board shall establish an Independent Citizens' Oversight Committee pursuant to Education Code Section 15278 and following to ensure bond proceeds are expended only on the school facilities projects listed in Exhibit A+1. The committee shall be established within 60 days of the date when the results of the election appear in the minutes of the Board.
Performance Audits. The Board shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school facilities projects listed in Exhibit A+1.
Financial Audits. The Board shall conduct an annual, independent financial audit of the bond proceeds until all of those proceeds have been spent for the school facilities projects listed in Exhibit A+1.
Special Bond Proceeds Account: Annual Report to Board. Upon approval of this proposition and the sale of any bonds approved, the Board shall take actions necessary to establish an account in which proceeds of the sale of the bonds will be deposited. As long as any proceeds of the bonds remain unexpended, the Superintendent of the District shall cause a report to be filed with the Board annually, stating (1) the amount of bond proceeds received andexpended in that year, and (2) the status of any project funded or to be funded from bond proceeds. The report may relate to the calendar year, fiscal year, or other appropriate annual period as the Superintendent shall determine and may be incorporated in the annual budget, audit, or another appropriate routine report to the Board. FURTHER SPECIFICATIONS
No Administrator Salaries. Proceeds from the sale of bonds authorized by this proposition shall be used only for the construction, reconstruction and/or rehabilitation of school facilities including the furnishing and equipping of school facilities or acquisition or lease of real property for school facilities and not for any other purpose, including teacher and administrator salaries and other school operating expenses.
The proceeds of the bonds will be deposited into a Building Fund to be held by the Stanislaus County Treasurer, as required by the California Education Code. EXHIBIT A+1 BOND PROJECT LIST The District intends to complete the following projects, using a combination of funding sources. It is anticipated that bond proceeds will contribute $37,500,000 to said total cost. Other anticipated sources include state matching funds and other available funds. Bond proceeds will be expended to modernize, replace, renovate, construct, equip, furnish and otherwise improve the facilities of the District located at the following locations: Cloverland Elementary School Built 1954 Fair Oaks Elementary School Built 1960 Magnolia Elementary School Build 1939 Oakdale Junior High School Built 1978 Oakdale High School Built 1948 Such projects shall include, but shall not be limited to: · Modernize and expand the existing Career Technical Building (Vocational Education Facility) at Oakdale High School to reduce student overcrowding · Make health and safety improvements including upgrades to restrooms, classrooms and school facilities to comply with Americans with Disabilities Act (ADA) standards · Construct a K-6 school with a 600 student capacity to reduce student overcrowding · Construct permanent classrooms to replace outdated 25 year old temporary, portable classrooms · Construct an athletic swimming facility at Oakdale High School for student and community use · Construct multi-purpose classrooms at Cloverland and Fair Oaks Elementary Schools for student and community use · Upgrade and improve outdated and aging classrooms · Replace and upgrade heating, ventilation, and air conditioning (HVAC) systems · Repair and replace outdated and leaky roofs · Upgrade window systems to improve energy efficiency · Upgrade and repair older classroom and school facility interiors and exteriors including floor coverings, doors and door hardware, and new paint · Upgrade electrical and data systems to improve student access to computers and modern technology · Modernize, expand, and upgrade student support facilities to improve space efficiency · Conduct necessary site preparation/restoration in connection with new construction, renovation or remodeling, or installation or removal of relocatable classrooms · Address unforeseen conditions revealed by construction/modernization (e.g., plumbing or gas line breaks, dry rot, seismic, structural, etc.) · Furnish and equip schools as needed to the extent permitted by law |