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Measure E School Bonds East Side Union High School District 55% Vote Required
See Also:
Index of all Measures |
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Results as of Feb 26 1:01pm, 100.0% of Precincts Reporting (247/247) |
Information shown below: Fiscal Impact | Yes/No Meaning | Impartial Analysis | Arguments | Tax Rate Statement | Full Text | ||||||
To improve computer/science labs, provide greater safety and security, repair, equip, construct, and acquire classrooms and facilities at Andrew Hill, Evergreen Valley, Foothill, Independence, James Lick, Mt. Pleasant, Oak Grove, Piedmont Hills, Santa Teresa, Silver Creek, Yerba Buena, W.C. Overfelt, and District adult, alternative, and charter schools, and acquire property for new schools, shall East Side Union High School District issue $349,000,000 of bonds at legal interest rates so long as spending is reviewed by an independent oversight committee?
Bonds -- Yes
The Board of Trustees of the East Side Union High School District proposes issuing bonds in the amount of $349,000,000 at legal rates. Proceeds will be used to modernize, replace, renovate, construct, equip, rebuild and furnish 13 schools, as well as Alternative Education Centers facilities and one adult center, and to acquire land for new school and educational facility construction. Proposed projects at the specific sites include modernizing classrooms, technology upgrades, building system upgrades (HVAC, mechanical, electrical, and wiring), athletic facilities improvements, seismic upgrades, safety and security upgrades, adding and renovating restrooms, locker room modernization, accessibility improvements for the disabled, and parking and landscaping improvements. The proceeds of the bonds will not be used for teacher and administrative salaries. The projects proposed by the District, as well as the proposed acquisition of real property for school facilities, are consistent with the permissible use of proceeds from school bonds. Additionally, the District will conduct annual audits and appoint an independent citizens' oversight committee to ensure bond proceeds are expended only on the projects included in the ballot measure, meeting the requirements of Article XIIIA, section 1(b)(3). The District's best estimate of the tax required to be levied to fund the bonds during the first fiscal year after the sale of the first series of bonds is $19.40 per $100,000 of the assessed value of taxable property in the District for fiscal year 2008-2009. The District's best estimate of the tax required to fund the bonds during the first fiscal year after the sale of the last series of bonds, is $19.40 per $100,000 of assessed valuation in fiscal year 2014-2015. The District's best estimate of the highest tax required to fund this bond issue is $19.40 per $100,000 of assessed valuation. A "yes" vote is a vote to authorize the issuance and sale of the bonds in the amount of $349,000,000, to be secured by the levy of ad valorem taxes on property located within the district. A "no" vote is a vote not to authorize the issuance and sale of the bonds in the amount of $349,000,000, to be secured by the levy of ad valorem taxes on property located within the district.
Ann Miller Ravel
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Official Information
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Arguments For Measure E | Arguments Against Measure E |
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 our teachers and staff do their best in educating students, as demonstrated by our increasing test scores, many classrooms and school facilities in the East Side Union High School District are severely overcrowded, outdated, and inadequate to provide students with the education they need to succeed.
The District operates eleven comprehensive and one continuation high schools, and several alternative, adult and charter schools. Many of our schools are outdated and need major upgrades and renovations. While facilities have been well maintained, over 900 of district classrooms are over 25 years old and do not meet 21st century education and technology standards. In addition, our schools are overcrowded. Since 2001, District enrollment has increased by over 1,669 students to 25,077, and is expected to increase by 10% over the next seven years, creating an overcapacity of students by next year. Measure E will improve classrooms and school facilities by:
Measure E deserves our support. It will improve the quality of our local schools, help us improve the quality of our community and improve our property values. Please join us and VOTE YES ON MEASURE E!
/s/ Marisa Hanson
/s/ Dinh Kim Nguyet
/s/ Neil Struthers
/s/ Jethroe Moore II
/s/ Joe Coto
| NO ARGUMENT AGAINST MEASURE E WAS SUBMITTED
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Tax Rate Statement |
An election will be held in East Side Union High School District (the "District") on February 5, 2008 to authorize the sale of $349,000,000 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 $.01940 per $100 ($19.40 per $100,000) of assessed valuation in fiscal year 2008-09. 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 $.01940 per $100 ($19.40 per $100,000) of assessed valuation in fiscal year 2014-15. 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 $.01940 per $100 ($19.40 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. |
Full Text of Measure E |
BOND AUTHORIZATION
By approval of this proposition by at least 55 percent of the registered voters voting on the proposition, the District will be authorized to issue and sell bonds of up to $349 million in aggregated principal at interest rates below the legal limit and to provide financing for the specific school facilities projects listed in the Bond Project List described below, subject to all the accountability requirements specified below.
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. Expenditures to address specific facilities needs of the District will be in compliance with the requirements of Article XIIIA, 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 15264 and following.) Evaluation of Needs. The School Board has identified detailed facilities needs of the District and has determined which projects to finance from a local bond at this time. The School Board hereby certifies that it has evaluated safety, class size reduction, enrollment growth, and information technology needs in developing the Bond Project List shown below. Independent Citizens' Oversight Committee. The School Board shall establish an Independent Citizens' Oversight Committee under Education Code Section 15278 and following to ensure bond proceeds are expended only on the school facilities projects listed below. The committee will be established within 60 days of the date when the results of the election appear in the minutes of the School Board. Performance Audits. The School Board shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school facilities projects listed below.
Financial Audits. The School 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 below. 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.
BOND PROJECT LIST 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. Evaluation of Needs. As required by Article XIII A of the California Constitution, the Board of Trustees of the District has certified that it has evaluated safety, class size reduction and information technology needs in developing the list of school facilities projects shown below. Projects Subject to Available Funding. The following list of projects is subject to the availability of adequate funding to the District. Approval of the bond measure does not guarantee that the proposed projects in the District that are the subject of bonds under the measure will be funded beyond the local revenues generated by the bond measure. 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 statewide bond measure.
Scope of Projects. Bond proceeds will be expended to modernize, replace, renovate, construct, equip, furnish, rebuild and otherwise improve District facilities as described below. The specific school facilities projects which are described below include all related and incidental costs, including costs of design, engineering, architect and other professional services, site preparation, utilities, landscaping and other incidental costs, and construction management. Bond proceeds may also be expended to acquire real property for future educational facilities and to acquire and install furniture, fixtures and equipment at any classrooms and other facilities of the District. The District may alter the scope and nature of any of the specific projects, which are described below as required by conditions that arise during the course of design and construction, including unforeseen conditions such as dry rot, mold and faulty engineering.
Bond proceeds will be expended to modernize, replace, renovate, construct, equip, rebuild and furnish the District's education facilities, to acquire land for new school and educational facility construction. Bond proceeds shall also be expended to improve the facilities of the District located at the following locations, including District charter schools. Such projects shall consist of the following: Andrew Hill High - Built in 1956
Evergreen Valley High - Built in 2001
Foothill High - Built in 1972
Independence High - Built in 1976
Independence Adult Center - Built in 1988
James Lick High - Built in 1950
Mt. Pleasant High - Built in 1965
Oak Grove High - Built in 1967
Overfelt Adult Center - Built in 1986
Piedmont Hills High - Built in 1965
Santa Teresa High - Built in 1974
Silver Creek High - Built in 1969
Yerba Buena High - Built in 1971
Alternative Education Centers
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