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Measure Q-2010 Santa Barbara County High School/Secondary School Bond Measure Santa Barbara High School District 55% Approval Required Pass: 44370 / 70.04% Yes votes ...... 18980 / 29.96% No votes
See Also:
Index of all Measures |
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Results as of Nov 30 10:51am, 100.0% of Precincts Reporting (137/137) |
Information shown below: Official Information | Impartial Analysis | Arguments | Full Text | |||||
To improve quality of local education, shall the Santa Barbara Secondary/High School District provide adequate classrooms, science labs, technology, and libraries; repair/replace outdated electrical, plumbing, heating/ventilation, infrastructure systems and deteriorated portable classrooms; fix leaking roofs; improve disabled student access; and improve educational academy and career technology facilities by issuing $75,000,000 in bonds at legal interest rates, with no money for administrator salaries and with oversight by a citizens' committee ensuring funds are spent on local school improvements?
This measure, if approved by 55% of the voters, would authorize the Santa Barbara Secondary/High School District to authorize the sale of general obligation bonds on its behalf in a principal amount not to exceed $75,000,000 to provide financing for the specific school facilities projects listed in the Santa Barbara Secondary/High 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 requirerment 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 anriual, 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 financial 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 Q-2010 |
Our local junior high and high schools have experienced drastic budget cuts by the State. Measure Q will provide badly needed renovations at our secondary schools in a
financially responsible way.
Passage of this bond will generate $75 million to pay for modernizing aging infrastructure without any current increase in property taxes-by extending the life of bond debt already in place. MEASURE Q WILL:
Due to the State fiscal crisis, educational resources are scarce. More than ever we are confronted with competing priorities. But there is no greater priority than investing in our children. Supporting education even in these tough times shows our commitment to the future of our community. Vote YES on Measure Q. The undersigned proponent(s) or author(s) of the primary argument in favor of Ballot Measure Q2010 at the Consolidated General Election to be held on November2, 2010, hereby state(s) that such argument is true and correct to the best ofl]islber/their knowledge and belief
Salud Carbajal, S.S. County Supervisor
(No arguments against Measure Q-2010 were submitted) |
Full Text of Measure Q-2010 |
RESOLUTION NO. 2009/10-59
RESOLUTION OF THE BOARD OF EDUCATION OF THE SANTA BARBARA SECONDARY/HIGH SCHOOL DISTRICT ORDERING A SCHOOL BOND ELECTION, ESTABLISHING SPECIFICATIONS OF THE ELECTION ORDER, AND REQUESTING CONSOLIDATION WITH OTHER ELECTIONS WHEREAS, the Board of Education (the `Board") of the Santa Barbara Secondary/High School District (the "District") is generally authorized to order elections within the District and to designate the specifications thereof, pursuant to Education Code Sections 5304 and 5322; WHEREAS, the Board is specifically authorized to order elections, pursuant to Education Code Sections 15264 et seq., for the purpose of submitting to the electors the question of whether the bonds of the District ("Bonds") shall be issued and sold for specified purposes; WHEREAS, the Board deems it necessary and advisable to submit a bond measure to the electors that, if approved by the requisite number of electors voting on the measure, would permit the District to issue the Bonds; and WHEREAS, it is desirable that the election to determine whether the Bonds shall be issued and sold be consolidated with such other election or elections as may be held on the same day in the same territory or in territory, that is in part the same. NOW, THEREFORE, the Board of Education of the Santa Barbara Secondary/High School District does hereby resolve, determine, and order as follows: Section 1. Election Order, Ballot Measure. Pursuant to Education Code Sections 5304, 5322 and0 15264 et seq., and Article XVI, Section 18(b) of the California Constitution, an election shall be held within the boundaries of the Santa Barbara Secondary/High School District on November 2, 2010, submitting to the voters of the District the question of whether Bonds of the District, in the amount of $75,000,000 shall be issued and sold for the purposes described herein, including but not limited to, modernizing, renovating, installing, updating, replacing and repairing school facilities, infrastructure, and grounds as specifically set forth in Exhibit A attached hereto. The Bonds proposed to be issued and sold shall bear interest at a rate not exceeding the statutory limit, and the number of years any Bonds are to run shall not exceed twenty-five (25) years from the date of the Bonds or the date of any series thereof in the event the Bonds are issued pursuant to Education Code Section 15144, and shall not exceed forty (40) years from the date of the Bonds or the date of any series thereof in the event the Bonds are issued pursuant to Government Code Section 54400. Section 2. Use of Bond Proceeds Facilities Specifications and Audit Requirements. (a) Use of Bond Proceeds. Proceeds from the sale of the Bonds may be used only for the purposes specified in Article XIII A, Section 1(b)(3), of the California Constitution. (b) Specification of Facilities. The specific school facilities projects to be funded are listed in Exhibit A. The Board hereby certifies that it evaluated safety, class size reduction, and information technology needs in developing the list. (c) Performance Audit. The Board shall conduct an annual, independent performance audit to ensure that the Bond funds have been expended only on the specific projects listed. (d) Financial Audit. The Board shall conduct an annual, independent financial audit of the proceeds from the sale of the Bonds until all of the proceeds have been expended for the school facilities projects. Section 3. Government Code Accountability Requirements. Pursuant to Government Code Sections 53410 and 53411, the District hereby finds or directs that: (a) the purpose of the Bonds is to fund the facility needs as listed in Exhibit A; (b) the bond proceeds shall only be used on the projects listed in Exhibit A; (c) all proceeds of the Bonds shall be placed in a separate account; and (d) the chief business official of the District shall issue an annual report to the Board containing the amount of funds collected and expended as well as the status of the projects listed in Exhibit A. Section 4. Vote Required. Pursuant to Section 18(b) of Article XVI and Section 1 of Article XIII A of the California Constitution, the bond measure shall become effective only upon the affirmative vote of fifty-five (55%) percent of those voters voting on the measure. Section 5. County Registrar of Voters to Conduct Election. Pursuant to Education Code Section 5303, the Santa Barbara County Registrar of Voters (the "Registrar of Voters"), is hereby requested to take all steps to prepare for and hold the election within the boundaries of the District in accordance with law and these specifications. Section 6. Consolidation with Other Elections. Pursuant to Education Code Sections 5342, 15266, and 15121 and Part 3 (commencing with Section 10400) of Division 10 of the Elections Code, the Santa Barbara County Board of Supervisors ("the Board of Supervisors") is requested to order consolidation of the school bond election with the other elections to be held on the same day in the same territory or in territory that is in part the same. Section 7. Canvass of Returns. The Board of Supervisors is authorized to canvass the returns of the election pursuant to Section 10411 of the Elections Code. Section 8. Services of Santa Barbara Registrar of Voters. Pursuant to Section 5303 of the Education Code and Section 10002 of the Elections Code, the Board of Supervisors is requested to permit the Registrar of Voters to render all ervices incident to the preparation for and holding of the election, for which services the District agrees to reimburse the Registrar of Voters with such services to include the mailing of the sample ballot and tax rate statement pursuant to the terms of Sections 9401 and 13300 of the Elections Code. Section 9. Abbreviated Statement of the Bond Measure. Pursuant to the requirements of Education Code Section 5322 and Elections Code Section 13247, the abbreviated statement of the bond measure is set forth below. The District hereby requests the Registrar of Voters to designate the measure on the ballot by a letter printed on the left margin of the square containing the abbreviated statement of the measure as provided in Section 13116 of the Elections Code:
To improve quality of local education, shall the Section 10. Full Text of the Measure. The District hereby requests the Registrar of Voters to publish the full text of the measure, which is set forth in Exhibit B, in the ballot pamphlet materials as appropriate. Section 11. Specifications of the Election Order. The foregoing specifications of the election order are made pursuant to Section 5322 of the Education Code. Section 12. Delivery of Specifications of the Election Order. The Superintendent is hereby directed to deliver, not later than August 6, 2010 (i.e., 88 days prior to the date set for the election), a copy of this resolution and the tax rate statement to the Registrar of Voters and a copy of this resolution to the Board of Supervisors. Section 13. General Authorization with Respect to the Bond Election. The members of the Board, the superintendent, and the other officers of the District are hereby authorized and directed, individually and collectively, to do any and all things and to execute, deliver, and perform any and all agreements and documents that they deem necessary or advisable in order to effectuate the purposes of this Resolution, including, without limitation, to prepare and submit for inclusion in the voter information pamphlet a tax rate statement and an argument in favor of passage of the ballot measure. All actions heretofore taken by the officers and agents of the District that are in conformity with the purposes and intent of this Resolution are hereby ratified, confirmed, and approved in all respects. Section 14. Encumbrance of Bond Funds. For the purpose of making bond funds unavailable as rent within the meaning of Education Code Section 17032, the Board hereby encumbers all funds to be generated by the sale of the bonds in order to pay for the acquisition and construction of the school facilities and equipment authorized by the ballot measure. Section 15. Official Intent to Reimburse Expenditures. (a) The District intends to undertake the modernization, renovation, installation, updating, replacement and repair of school facilities, infrastructure, and grounds as described in Exhibit A (the "Improvements"). The District intends to use the proceeds of its general obligation bonds described in this resolution to finance the Improvements. The District expects to pay certain capital expenditures (the "Reimbursement Expenditures") in connection with the Improvements prior to the issuance by it of the indebtedness for the purpose of financing the costs of the Improvements on a long-term basis. The District reasonably expects that debt obligations in an amount not expected to exceed $75,000,000 will be issued by it for the purpose of financing the cost of the Improvements on a long-term basis and that certain of the proceeds of such debt obligations will be used to reimburse the District for the Reimbursement Expenditures. (b) The Board hereby declares the District's official intent to use a portion of the proceeds of the proposed indebtedness to reimburse the District for the Reimbursement Expenditures. The foregoing statement is a declaration of official intent that is made under and only for the purpose of establishing compliance with the requirements of Treasury Regulations Section 1.150-2. Section 16. Tax Rate Statement. The Board hereby approves the form of the tax rate statement attached hereto as Exhibit C and incorporated herein by reference. Section 17. Effective Date. This resolution shall take effect immediately upon its adoption. EXHIBIT A Specific School Facilities Projects to Be Funded: Modernize, renovate, install, update, replace, and repair school facilities, infrastructure, and grounds of the following schools:
Full Text of the Measure Upon the passage of Measure _, the Santa Barbara Secondary/High School District shall be authorized to issue bonds in the aggregate amount of $75,000,000, bearing interest at rates not exceeding the statutory limit, for the purpose of funding the following school facilities projects:
The abbreviated ballot measure reads as follows: MEASURE _ To improve quality of local education, shall the Santa Barbara SecondarylHigh School District provide adequate classrooms, science labs, technology, and libraries; repair/replace outdated electrical, plumbing, heating/ventilation, infrastructure systems and deteriorated portable classrooms; fix leaking roofs; improve disabled student access; and improve educational academy and career technology facilities by issuing $75,000,000 in bonds at legal interest rates, with no money for administrator salaries and with oversight by a citizens' committee to ensure funds are spent only on local school improvements? Approval of the District's bond measure does not guarantee that the projects that are the subject of the measure will be funded beyond the local revenues generated by the bond measure. The District's proposed projects may assume the receipt of state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure. Additionally, the District Board of Education ("Board") will appoint a citizen's oversight committee having a minimum of seven members and including at least one member active in a business organization representing the business community located within the District, one member active in a senior citizens' organization, one member active in a bona fide taxpayers' organization, one member who is the parent or guardian of a child enrolled in the District, and one member who is both a parent or guardian of a child enrolled in the District and active in a parent-teacher organization. The District will deposit the proceeds of the bonds in a separate account. The Board is bound to conduct financial and performance audits annually to account for the bond funds and to assure that funds have only been expended on the specific projects authorized. EXHIBIT C Tax Rate Statement Santa Barbara Secondary/High School District An election will be held in the Santa Barbara Secondary/High School District (the "District") on November 2, 2010, to authorize the sale of up to $75,000,000 in bonds of the District to finance school facilities as described in the proposition. If the bonds are approved, the District plans to issue the bonds in a number of series over a period of time. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District. The information presented in numbered paragraphs 1-3 below 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 fling of this statement, is 0.093 cents per $100 ($0.93 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 0.179 cents per $100 ($1.79 per $100,000) of assessed valuation in fiscal year 2017-18. The tax rate estimates in this statement reflect the District's current projection of future assessed values and of future debt service payments, which are based on certain assumptions. Approval of the ballot measure authorizes the issuance of bonds under certain conditions and for certain purposes, and is not approval of a specific tax rate or a specific plan of bond issuance. 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 and repayment structure of bonds sold, 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 and repayment structure of bonds sold at any given time will be determined by the District based on its need for construction funds, its intention to meet the tax rate targets stated above, the legal limitations on bonds approved by a 55% vote and other factors. 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. Voters should note that the estimated tax rates are based on the ASSESSED VALUE of taxable property in the District as shown 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. Brian Sarvis, Superintendent Eric D. Smith, Deputy Superintendent Santa Barbara secondary/High school District 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 Santa Barb County Assessor in the annual assesst lent and the equalization process. Ed Heron President, Board of Education Santa Barbara Secondary/High School District |