This is an archive of a past election. See http://www.smartvoter.org/ca/or/ for current information. |
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Measure I Facilities Improvement Magnolia School District School Bond - 55% Approval Required Pass: 6,366 / 65.7% Yes votes ...... 3,327 / 34.3% No votes
See Also:
Index of all Measures |
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Results as of Jan 6 2:58pm, 100.0% of Precincts Reporting (35/35) 55.4% Voter Turnout (898,205/1,621,934) |
Information shown below: Official Information | Impartial Analysis | Arguments | | ||||||
To improve the quality of education; upgrade technology; repair leaky roofs; modernize classrooms, restrooms and school facilities; make health and safety improvements; make handicapped accessibility upgrades; install solar panels to improve energy efficiency; replace temporary portable classrooms; and increase campus security; shall the Magnolia School District issue $16,300,000 of bonds at legal interest rates, have an independent citizens' oversight committee and have NO money used for administrative or teacher salaries or be taken by the state?
The Magnolia School District has proposed to the voters that general obligation bonds of the school district be issued in an amount up to $16,300,000 and that ad valorem taxes be levied upon taxable property in the school district to repay the bonded indebtedness. Funds received from the sale of the bonds shall be used for the specific purposes set forth in this measure including the acquisition of real property for future educational facilities; repairing, upgrading and renovating classrooms; asbestos abatement; upgrading technology; improving access for people with disabilities; making safety and security improvements; and installing energy efficient heating, ventilating, and air conditioning systems. The measure provides that a citizens' oversight committee will be established to ensure that bond proceeds are properly expended. In addition, annual performance and financial audits will be conducted. The measure further provides that bond proceeds will not be used for teacher or administrator salaries or other school operating expenses. The Board of Trustees of the Magnolia School District has called the election for the purpose of submitting the measure to the voters within the school district. If 55% of the voters of the school district voting on the measure vote yes, the school district may proceed to sell the bonds and levy the related taxes as estimated in the tax rate statement. A no vote on this measure will disapprove the issuance of the bonds and the levy of the taxes for such bonded indebtedness. Approval of Measure I does not guarantee that the proposed project or projects in the school district that are the subject of bonds under Measure I will be funded beyond the local revenues generated by Measure I. The school district's proposal for the project or 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.
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