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LWV League of Women Voters of California Education Fund
Smart Voter
Santa Barbara County, CA November 4, 2008 Election
Measure C2008
Issue Bonds to Repair & Upgrade Schools
Cold Spring School District
55% Approval Required

Pass: 987 / 59.71% Yes votes ...... 666 / 40.29% No votes

See Also: Index of all Measures
Results as of Dec 2 1:22pm, 99.9% of Precincts Reporting (318/5)
Information shown below: Impartial Analysis | Arguments |

MEASURE C2008 COLD SPRING SCHOOL DISTRICT "To improve the quality of education, shall the Cold Spring School District be authorized to repair, renovate, upgrade, and modernize Cold Spring School by issuing $2,440,000 in bonds within legal interest rates with spending annually reviewed by a citizens' oversight committee, no money for administrator salaries, and all funds are spent locally within the District?" Bonds Yes_________ Bonds No______

Impartial Analysis
Impartial Analysis by County Counsel

Cold Spring School District
Measure C2008

Article XIII A, Section 1(a) of the California Constitution limits the ad valorem tax on real property to not exceed one (I%) percent of the full cash value of such property. Article III A, Section 1(b) of the California Constitution provides an exception to this limitation for bonded indebtedness incurred by a school district approved by 55% of the voters in the school district voting on the proposition to issue bonds for the construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities.

This measure, if approved by 55% of the voters, will authorize the Cold Spring School District to authorize the sale of general obligation bonds on its behalf in a principal amount not to exceed $2,440,000 to provide financing for the specific school facilities projects listed in the Cold Spring School District's Bond Project List. The Bond Project List, as well as the full text of the measure, is printed in the ballot pamphlet. None of the proceeds from the sale of bonds may be used for salary or operating expenses. The bonds and interest thereon would be payable from property taxes levied on taxable property in the District. These taxes would be in addition to the property taxes currently levied on taxpayers in the District. The amount of the increased taxes each year would depend upon the amount needed to pay the principal and interest on the bonds. The period for full repayment of the bonds would not exceed forty years.

The bond measure includes the following accountability requirements: A. A requirement that the proceeds from the bond sale be used only for the above

purposes and not for any other purpose, including teacher and administrator
salaries and other school operating expenses.
B. A list of the specific school facilities projects to be funded and certification that the school district board has evaluated safety, class size reduction and information technology needs in developing that list. C. A requirement that the school district board conduct an annual, independent performance audit to ensure that the funds have been spent only on the specific school facilities projects listed in the proposition. D. A requirement that the school district board conduct an annual, independent f i nancial audit of the bond proceeds until all of such proceeds have been spent for the school facilities projects listed in the Bond Project List.

This measure, if approved, will also establish a citizens' oversight committee to monitor expenditures and ensure bond proceeds are used only to fund the specific projects listed in the Bond Project List, as printed in the ballot pamphlet.

Dennis A. Marshall County Counsel

  
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Arguments For Measure C2008
Cold Spring School has provided an excellent primary public education to our community for 120 years.

Historically, District resources have been devoted to our instructional programs, (the exception being Measure 0 and it's new construction so generously supported by the community in 1996). Accordingly, our older facilities require much needed repair and renovation. Unlike previous bond measures put before the voters the past two years, Measure C targets the most critical and immediate needs for student safety and [earning. There is no new construction planned with these funds.

Approving Measure C allows Cold Spring School District to make essential improvements and repairs. If not approved, the project costs will need to come from funds used to support current instructional and educational programs.

Measure C will provide the following facility improvement projects identified as critical to student health, safety and learning:

  • Renovating existing 80 year old restrooms;
  • Repairing, replacing, and upgrading aging electrical and mechanical systems to reduce energy consumption and utility bills;
  • Improving student security and safety by upgrading the school wide alarm and communication systems;
  • Repairing and replacing the existing roof and skylights on the older classroom buildings;
  • Repairing and upgrading 50 year old and 80 year old classrooms with new flooring, cabinets, and instructional surfaces.

By law, Measure C has taxpayer protections in place.

  • All spending is annually audited and reviewed by an independent citizens' oversight committee.
  • No money is used for administrative or teacher salaries.
  • Funds are only spent to improve Cold Spring School.

Our community's children need your YES vote on Measure C to address their most pressing facility needs to ensure that Cold Spring School continues to be a valued resource and a source of pride for this and the next generation.

Jeanie Sickafloose, current teacher and former parent

Merrill Winnikoff, CSS Board President and parent

Jeff Shelton, former student and former parent

John Moore, college basketball coach and current parent

Luann Caesar, current parent

(No arguments against Measure C2008 were submitted)

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