League of Women Voters of California Education Fund
	Los Angeles County, CA November 2, 2010 Election
	Measure EE Facilities Improvement El Rancho Unified School District School Bonds - 55% Approval Required Pass: 9,549 / 74.01% Yes votes ...... 3,354 / 25.99% No votes See Also: Index of all Measures

Arguments For Measure EE

In El Rancho Unified School District, every student has the opportunity to excel. However, the state budget crisis has had a dramatic impact on the District. Substantial cuts have been made over the past two years. We need to improve our schools and put more money into our classrooms and support facilities so all our students can succeed. We need to improve El Rancho schools to better prepare students for college and the workforce, keep more students in school, and increase access to good-paying jobs. MEASURE "EE" WILL: -Upgrade and expand science labs, career, technical, and vocational classrooms, and other instructional and student support facilities -Make safety and security improvements to protect our investment in our schools and our students -Provide a permanent source of funding to improve student access to computers and modern technology -Put more money in the classroom by making solar and other energy improvements to reduce annual operating costs As taxpayers, we know there is never a good time to wait to improve our schools. The time is now. Measure "EE" will stimulate our local economy, provide needed school facilities, and maintain the academic and career success of our children. MEASURE "EE" MAKES FINANCIAL SENSE. IT WILL: -Provide funding for needed improvements by extending, but not increasing, the current tax rate -Retrofit our schools for renewable solar and energy efficiency improvements to save money better spent educating children instead of paying utility bills TAXPAYER SAFEGUARDS ARE IN PLACE. MEASURE "EE" REQUIRES: -Annual audits -An independent citizens' oversight committee to ensure money is used only for voter approved improvements and repairs -No monies for salaries, administration or overhead Measure "EE" will maintain the quality of our schools, and assist our children into the future + WITHOUT increasing tax rates. YES on Measure "EE"! RITA JO RAMIREZ Board President ESTHER CELIZ Prominent Senior Citizen RACHEL AGUIRRE Teacher VON KRAMER STROFF Extra Space/Property Owner ALFREDO MARTINEZ Parent (No arguments against Measure EE were submitted)

Tax Rate Statement from LYDIA CANO Assistant Superintendent Business Services El Rancho Unified School District

An election will be held in the El Rancho Unified School District (the "District") on November 2nd, 2010, to authorize the sale of up to $52,000,000 in bonds of the District to finance school facilities as described in the proposition. If the bonds are approved, the District expects to sell the bonds in four series. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400-9404 of the Elections Code of the State of California. 1. The best estimate of the tax 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 zero cents per $100 ($0.00 per $100,000) of assessed valuation in fiscal year 2011-12. 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 2.352 cents per $100 ($23.52 per $100,000) of assessed valuation in fiscal year 2023-24. 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 6.000 cents per $100 ($60.00 per $100,000) of assessed valuation in fiscal year 2035-36. Voters should note that estimated tax rates are based on the ASSESSED VALUE of taxable property on the County's official tax rolls, not on the property's market value. Property owners should consult their own property tax bills to determine their property's assessed value and any applicable tax exemptions. Attention of all voters is directed to the fact that the foregoing information is based upon the District's projections and estimates only, which are not binding upon the District. 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 dates of sale and the amount of bonds sold at any given time will be determined by the District based on the need for construction funds and other factors, including the legal limitations on bonds approved by a 55% vote. 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: August 5, 2010