This is an archive of a past election. See http://www.smartvoter.org/ca/stn/ for current information. |
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Measure I School Bond Waterford Unified School District 55% Approval Required Fail: 849 / 38.78% Yes votes ...... 1,340 / 61.22% No votes
See Also:
Index of all Measures |
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Results as of Nov 18 4:21pm, 100.0% of Precincts Reporting (8/8) |
Information shown below: Impartial Analysis | Arguments | Tax Rate Statement | Full Text | ||||
To improve the quality of education; construct a career technical education building for shop, science, and technology classes; upgrade outdated heating, ventilation and air conditioning systems; improve technology and inadequate electrical systems; modernize outdated classrooms and school facilities; and improve energy efficiency; shall the Waterford Unified School District issue $11,000,000 of bonds at legal interest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?
If the bond measure is approved, pursuant to Section 15278 of the California Education Code, the District is committed to establish an independent Citizens' Oversight Committee. The District has committed that the proceeds from the bonds will be used solely for the projects described in the ballots exhibit to include the following projects: "Construction and renovation of a variety of school facilities projects as described fully in the full text of Measure "I". If this measure passes, a tax shall annually levy on property within the District. The District has determined that the best estimate for the tax rate for the first fiscal year after the sale of bonds is $49.00 per $100,000 of assessed valuation in fiscal year 2011-2012, and the same amount in 2012-2013, and thereafter. Subject to the applicable provisions of the California Constitution and the California Education Code, an annual tax shall be levied upon the property within the jurisdiction of the District for the interest and redemption of all outstanding bonds of the District authorized by this measure. The annual tax shall not be less than sufficient to pay the interest on the bonds as it becomes due and to provide a sinking fund for payment of the principal on or before maturity and may include an allowance for an annual reserve, established for the purpose of avoiding fluctuating tax levies. ___ A "yes" vote is a vote to authorize the District to issue and sell the bonds. ___A "no" vote is against authorizing the District to issue and sell the bonds. This analysis is submitted by the Office of the Stanislaus County Counsel pursuant to the requirements of Section 9500 of the Elections Code of the State of California. /s/ Dean Wright, Deputy County Counsel of County of Stanislaus
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Official Information
The Modesto Bee
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Arguments For Measure I | Arguments Against Measure I |
Everyone knows the value and importance of having quality schools. From higher achieving students, to training for future jobs, to greater neighborhood safety, quality schools make a difference. While teachers and staff do their best in educating our children, classrooms and school facilities in the Waterford Unified School District are outdated and inadequate to provide students with the school facilities they need to succeed.
Our students need your YES vote on Measure I. While schools have been well maintained, some of our facilities are over 40 years old and do not meet 21st century education and technology standards. Waterford Middle School, our oldest, was first built in 1946! Measure I would allow the District to improve the quality of education provided to local students. Nearly 15 years ago, Waterford voters passed a bond measure to construct Waterford High School; it was a great investment. Today, Waterford High is the top performing high school in Stanislaus County and among our neighboring counties for four straight years. Therefore, we must continue to invest in our local schools to meet today's safety, technological, and educational standards. If passed, Measure I would improve Waterford schools by:
Measure I makes financial sense and protects taxpayers.
Measure I improves old classrooms and inadequate facilities and maintains the quality of our community. That's something we can all support. Please join us and VOTE YES ON MEASURE I!
/s/ Rod Walker, Agriculture Consultant
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Tax Rate Statement from the Superintendent Waterford Unified School District |
An election will be held in the Waterford Unified School District (the "District") on November 2, 2010 to authorize the sale of $11,000,000 in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code.
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 $.04900 per $100 ($49.00 per $100,000) of assessed valuation in fiscal year 2011-12. 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 $.04900 per $100 ($49.00 per $100,000) of assessed valuation in fiscal year 2020-21. 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 $.04900 per $100 ($49.00 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. Dated: July 8, 2010
/s/ Don Davis |
Full Text of Measure I | |||||||||||||||
EXHIBIT A This proposition may be known and referred to as the Waterford Unified School District General Obligation Bond of 2010, or Measure I FINDINGS The Waterford Unified School District (the "District), which serves the community of Waterford, is a recognized leader in providing top quality education to Stanislaus County students. The achievements have been accrued by the District as a result of the long history of visionary leadership from the Board of Trustees of the District (the "Board"), as well as from staff members, parents, and members of the District communities. During its long history, the District has benefited from a community, which supports its educational institutions by establishing high standards for academic achievement while at the same time providing the means required to meet and even to surpass those expectations. In order to provide our local students with the same classrooms and school facilities as other California school districts, major repairs and upgrades are necessary to ensure these buildings will remain functional for future generations. The Board has prepared a facilities plan and identified significant repairs, upgrades, and classroom and facility modernization needs that are more than the District is able to fund from currently available sources or annual revenues. The District has sought, and continues to seek, all available outside sources of funding to improve our school buildings, including local, state, and federal grants and state bond funds. Historically, the state requires that local school districts provide local funds as a condition of receipt of state matching funds. It is necessary to seek voter approval of a bond measure in order to provide the local funding for identified school facility repairs and modernization projects. BOND AUTHORIZATION By approval of this proposition by at least 55 percent of the registered voters voting on the proposition, the District shall be authorized to issue and sell bonds of up to $11,000,000 in aggregated principal at interest rates below the legal limit, to provide finance for the specific school facilities projects listed in the Bond Project List attached hereto as Exhibit A-1, subject to all the accountability requirements specified below. BOND PROJECT LIST The Bond Project List attached to this resolution as Exhibit A-1 shall be considered a part of the ballot proposition and shall be reproduced in any official document required to contain the full statement of the bond proposition. Approval of this Bond Measure (the "Measure") does not guarantee that the proposed project or projects in the District that are the subject of bonds under the Measure will be funded beyond the local revenues generated by the Measure. If state matching funds become available, they will be used for and applied to the Bond Project List as per Exhibit A-1. 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. 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 to address specific facilities needs of the District all 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 Board has prepared an updated facilities plan in order to evaluate and address all of the facilities needs of the District. The Board hereby certifies that it has evaluated safety, class size reduction, enrollment growth, and information technology needs in developing the Bond Project List contained in Exhibit A-1. Independent Citizens' Oversight Committee. The Board shall establish an Independent Citizens' Oversight Committee pursuant to Education Code Section 15278 and following to ensure bond proceeds are expended only on the school facilities projects listed in Exhibit A-1. The committee shall be established within 60 days of the date when the results of the election appear in the minutes of the Board. Performance Audits. The Board shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expanded only on the school facilities projects listed in Exhibit A-1. Financial Audits. The 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 in Exhibit A-1. Special Bond Proceeds Account: Annual Report to Board. Upon approval of this proposition and the sale of any bonds approved, the Board shall take actions necessary to establish an account in which proceeds of the sale of bonds will be deposited. As long as any proceeds of the bonds remain unexpended, the Superintendent of the District shall cause a report to be filed with the Board annually stating (1) the amount of bond proceeds received and expended in that year, and (2) the status of any project funded or to be funded from bond proceeds. The report may relate to the calendar year, fiscal year, or other appropriate annual period as the Superintendent shall determine and may be incorporated in the annual budget, audit, or another appropriate routine report to the Board. 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. The proceeds of the bonds will be deposited into a Building Fund to be held by the Stanislaus County Treasurer, as required by the California Education Code.
EXHIBIT A-1
BOND PROJECT LIST Bond proceeds will be expended to modernize, replace, renovate, expand, construct, acquire, equip, furnish and otherwise improve the classrooms and school facilities of the District, including those located at the following locations:
The specific school facilities projects to be funded include, but shall not be limited to: School Renovation, Repair, Upgrade, and Construction Projects
Miscellaneous District-wide Projects
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