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Measure C School Bond Measure Gridley Unified School District 55% Approval Required Fail: 1109 / 52.46% Yes votes ...... 1005 / 47.54% No votes
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Index of all Measures |
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Results as of Jun 20 4:05pm, 100.0% of Precincts Reporting (7/7) |
Information shown below: Official Information | Impartial Analysis | Arguments | Tax Rate Statement | Full Text | |||||
Shall Gridley Unified School District acquire, construct, repair, equip school facilities by issuing $11,000,000 of bonds at legal interest rates, with independent citizens' oversight and NO money for administrators' or be taken by the State?
If fifty-five percent (55%) or more of the votes cast on the measure are "Bonds-Yes," the measure will be approved, and the District will be authorized to issue bonds in the principal amount of up to $11,000,000.00 and to levy ad valorem taxes on taxable property within the District to pay for the amount of bonded indebtedness plus interest. If the measure is not approved by at least 55% of the votes cast, the measure will fail, and the bonds will not be issued.
The bonds will bear interest at a rate established at the time of sale, depending on the market rates at that time, but not exceeding the legal limit. If issued under the Government Code, the maximum term of the bonds cannot exceed forty (40) years. If issued under the Education Code, the maximum term of the bonds cannot exceed twenty-five (25) years. The tax rates cannot be determined until after the bonds are sold, but the District's Tax Rate Statement, which follows this analysis, presents the District's best estimates of the tax rates required to be levied to pay debt service on the bonds. The District cannot sell any bonds if doing so would cause the tax rate needed to repay such bonds to exceed $60 per $100,000 of assessed valuation in any year, based on District projections. The actual tax rate could exceed $60 in future years if taxable property values do not meet District projections and such higher rate were necessary to pay the bond debt service in any year.
Proposition 13, approved in 1978, amended the California Constitution by adding Article XIIIA limiting ad valorem taxes on real property to one percent (1%) on the value of the property.Article XIIIA was amended in 1986 by adding an exception providing that the 1% limitation does not apply to taxes used to pay interest and redemption charges on certain bonds. Taxes levied to pay the interest and principal of the District's proposed bonds would be within this exception and not subject to the 1% limitation.
The funds derived from the sale of these bonds may only be expended for the purposes specified in the project list found in the Full Text Ballot Proposition following this analysis, including to: repair leaky roofs, improve student access to computers and modern technology, construct a new gym and cafeteria, lower energy costs by upgrading electrical/plumbing/heating, ventilation and air conditioning systems. The proceeds will not be used for any other purpose, including payment of teacher or administrator salaries or other operating expenses.
To assure that funds are spent only as specified in the measure, Measure C requires the appointment of a citizen's oversight committee and completion of independent financial audits. s/ Bruce S. Alpert Butte County Counsel
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News and Analysis Gridley Herald
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Arguments For Measure C |
Gridley High School is one of the most important assets in our community and should be our number one priority. From higher achieving students, to training for future jobs, to greater neighborhood safety, quality schools make a difference. Our teachers do their best in educating our children, but many classrooms and facilities in the Gridley Unified School District are old and inadequate to provide students with the school facilities they need to succeed.
Our students need your Yes vote on Measure C! While the high school has been well maintained, some of our facilities are over 50 years old and do not meet 21st century education and technology standards. A school improvement measure would allow the District to improve the quality of education provided to local students. Therefore, we must invest in our high school so it meets today's safety, technological, and educational standards If passed, Measure C will make critical facility improvements at Gridley High School by; repairing or replacing leaky roofs; improving student access to computers and modern technology, constructing a new gym for school and community use. replacing outdated heating, ventilation and cooling systems: modernizing and renovating outdated classrooms. restrooms and school facilities, and making health and safety improvements. Measure C makes financial sense and protects taxpayers. All bond funds must be spent locally and cannot be taken by the State By law, spending must be reviewed and annually audited by an independent citizens' oversight committee. In addition. funds can only be spent to improve Gridley High School. not for teacher or administrative salaries Measure C upgrades and repairs old, inadequate classrooms, improves the education of local students and maintains the quality of our community That's something we can all support Please join us and Vote Yes On Measure C!
s/ Blane Sannar, Parent/Local Bishop
(No arguments against Measure C were submitted) |
Tax Rate Statement from Superintendent of Schools, Gridley School District |
Tax Rate Statement
An election will be held in the Gridley Unified School District (the "District") on June 5, 2012 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 $.04300 per $100 ($43.00 per $100,000) of assessed valuation in fiscal year 2012-13. 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 $.04300 per $100 ($43.00 per $100,000) of assessed valuation in fiscal year 2018-19. 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 $.04300 per $100 ($43.00 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: February 15, 2012
Superintendent |
Full Text of Measure C |
WHEREAS, the Board of Trustees (the "Board") has determined that Gridley High School within the Gridley Unified School District (the "District") needs to be upgraded, repaired, improved, and better equipped to enable the District to maintain and enhance the educational opportunities of students in the District; and
WHEREAS, notwithstanding ongoing efforts to obtain sufficient facility money from the State of California (the "State"), the State is unable to provide the District with enough money for the District to adequately maintain and expand its educational facilities; and NOW THEREFORE, THE BOARD OF TRUSTEES OF THE GRIDLEY UNIFIED SCHOOL DISTRICT DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. That the Board, pursuant to Education Code Sections 15100 et seq., 15264 et seq., and Government Code Section 53506, hereby requests the Butte County Registrar of Voters to conduct an election under the provisions of Proposition 39 and the Act and submit to the electors of the District the question of whether bonds of the District in the aggregate principal amount not to exceed $11,000,000 (the "Bonds") shall be issued and sold for the purpose of raising money for the projects described in Exhibits A and B hereto. Both exhibits are directed to be printed in the voter pamphlet. Section 2. That the date of the election shall be June 5, 2012. Section 3. That the purpose of the election shall be for the voters in the District to vote on a proposition, a copy of which is attached hereto and marked Exhibit "A", incorporated by reference herein, and containing the question of whether the District shall issue the Bonds to pay for improvements to the extent permitted by such proposition. In compliance with Proposition 39 and the Act, the ballot propositions in Exhibit "A" and "B" are subject to the following requirements and determinations: (a) the proceeds of the sale of the Bonds shall be used only for the purposes set forth in the ballot measure and not for any other purpose, including teacher and administrator salaries and other school operating expenses; (b) that the Board, in establishing the projects set forth in Exhibit "B", evaluated the safety, class size reduction, classroom, educational, and information technology needs of the District as well as the importance of the projects to student achievement and enhanced instruction; (c) that the Board will cause an annual, independent performance audit to be conducted to ensure that the Bond moneys get expended for the projects identified in Exhibit "B" hereto; (d) that the Board will cause an annual, independent financial audit of the proceeds from the sale of Bonds to be conducted until all of the Bond proceeds have been expended; (e) that the Board shall appoint a Citizens' Oversight Committee in compliance with Education Code Section 15278 no later than 60 days after the Board enters the election results in its minutes pursuant to Education Code Section 15274; and (f) that the tax levy authorized to secure the Bonds of this election shall not exceed the Proposition 39 limits per $100,000 of taxable property in the District when assessed valuation is projected by the District to increase in accordance with Article XIIIA of the California Constitution. Section 4. That the authority for ordering the election is contained in Education Code Sections 15100 et seq., 15264 et seq., and Government Code Section 53506. Section 5. That the authority for the specifications of this election order is contained in Sections 5322 of the Education Code. Section 6. That the Butte County Registrar of Voters and the Butte County Board of Supervisors are hereby requested to consolidate the election ordered hereby with any and all other elections to be held on June 5, 2012 within the District. Section 7. That the Secretary of the Board is hereby directed to send a certified copy of this Resolution to the Butte County Registrar of Voters no later than February 16, 2012. That this Resolution shall stand as the "order of election" to the Butte County Registrar of Voters to call for an election within the boundaries of the District on June 5, 2012. Section 8. That the maturity of any Bonds issued pursuant to Section 15264 et seq. of the Education Code hereto shall have a maturity not exceeding twenty-five (25) years, and Bonds issued pursuant to Section 53506 of the Government Code shall have a maturity of not exceeding forty (40) years. The maximum rate of interest on any Bond shall not exceed the maximum rate allowed by Education Code Sections 15140 to 15143, as modified by Government Code Section 53531. Section 9. That the Board requests the governing body of any such other political subdivision, or any officer otherwise authorized by law, to partially or completely consolidate such election and to further provide that the canvass be made by any body or official authorized by law to canvass the returns of the election, and that the Board consents to such consolidation. Section 10. Pursuant to Section 5303 of the Education Code and Section 10002 of the Elections Code, the Board of Supervisors of Butte County is requested to permit the Registrar of Voters to render all services specified by Section 10418 of the Elections Code relating to the election, for which services the District agrees to reimburse Butte County, such services to include the publication of a Formal Notice of School Bond Election and the mailing of the sample ballot and tax rate statement (described in Section 9401 of the Elections Code) pursuant to the terms of Section 5363 of the Education Code and Section 12112 of the Elections Code.
ADOPTED, SIGNED AND APPROVED this 15th day of February, 2012.
BOARD OF TRUSTEES OF THE GRIDLEYBy s/ Richard Harp, President Attest: s/ John McIntosh STATE OF CALIFORNIA ) )ssBUTTE COUNTY ) I, John McIntosh, do hereby certify that the foregoing is a true and correct copy of Resolution No. 15 -1112, which was duly adopted by the Board of Trustees of the Gridley Unified School District at meeting thereof held on the 15th day of February, 2012, and that it was so adopted by the following vote: AYES: Stacy Anthony, Richard Harp, Eric Waterbury, Ken Olson, Nicki Herrera Llerenas NOES: None ABSENT: Linda Wilson, Kathy Wheeler ABSTENTIONS: None
By
EXHIBIT A "To improve the quality of education at Gridley High School, repair leaky roofs, improve student access to computers and modern technology, construct a new gym and cafeteria, lower energy costs by upgrading electrical/plumbing/heating, ventilation and air conditioning systems, shall Gridley Unified School District acquire, construct, repair, equip school facilities by issuing $11,000,000 of bonds at legal interest rates, with independent citizens' oversight and NO money for administrators' or be taken by the State?" Bonds -- Yes Bonds -- No EXHIBIT B FULL TEXT BALLOT PROPOSITION OF THE GRIDLEY UNIFIED SCHOOL DISTRICT BOND MEASURE ELECTION JUNE 5, 2012
The following is the full proposition presented to the voters by the Gridley Unified School District. "To improve the quality of education at Gridley High School, repair leaky roofs, improve student access to computers and modern technology, construct a new gym and cafeteria, lower energy costs by upgrading electrical/plumbing/heating, ventilation and air conditioning systems, shall Gridley Unified School District acquire, construct, repair, equip school facilities by issuing $11,000,000 of bonds at legal interest rates, with independent citizens' oversight and NO money for administrators' or be taken by the State?" PRIORITY SCHOOL PROJECTS LIST
The Board of Trustees of the Gridley Unified School District evaluated the District's urgent and critical facility needs, including safety issues, enrollment trends, class size, class size reduction, and computer and information technology, in developing the scope of projects to be funded. The District conducted a facilities evaluation in developing this Priority School Projects List. The Board concluded that if these needs are not addressed now, the problems will only become more pressing. Therefore, in approving this Project List, the Board of Trustees determines that the District should: (i) Repair and replace leaky roofs for student safety and to reduce operating costs; (ii) Replace aging and broken heating, plumbing, electrical and heating, ventilation and air conditioning systems and other upgrades to improve energy efficiency and invest the savings to improve the quality of education; (iii) Replace outdated portable classrooms; (iv) Provide modern classroom technology and computers to support academic and job training programs; (v) Construct a new gym and multipurpose building at Gridley High School; (vi) Retain all bond money to be used in our local community and not be taken by the State. School Renovation, Repair and Upgrade Projects
Student Safety
FISCAL ACCOUNTABILITY: IN ACCORDANCE WITH EDUCATION CODE SECTION 15272, THE BOARD OF TRUSTEES WILL APPOINT A CITIZENS' OVERSIGHT COMMITTEE AND CONDUCT ANNUAL INDEPENDENT AUDITS TO ASSURE THAT FUNDS ARE SPENT ONLY ON DISTRICT PROJECTS AND FOR NO OTHER PURPOSE. THE EXPENDITURE OF BOND MONEY ON THESE PROJECTS IS SUBJECT TO STRINGENT FINANCIAL ACCOUNTABILITY REQUIREMENTS. BY LAW, PERFORMANCE AND FINANCIAL AUDITS WILL BE PERFORMED ANNUALLY, AND ALL BOND EXPENDITURES WILL BE MONITORED BY AN INDEPENDENT CITIZENS' OVERSIGHT COMMITTEE TO ENSURE THAT FUNDS ARE SPENT AS PROMISED AND SPECIFIED. THE CITIZENS' OVERSIGHT COMMITTEE MUST INCLUDE, AMONG OTHERS, REPRESENTATION OF A BONA FIDE TAXPAYERS ASSOCIATION, A BUSINESS ORGANIZATION AND A SENIOR CITIZENS ORGANIZATION. NO DISTRICT EMPLOYEES OR VENDORS ARE ALLOWED TO SERVE ON THE CITIZENS' OVERSIGHT COMMITTEE. NO ADMINISTRATOR SALARIES. PROCEEDS FROM THE SALE OF THE BONDS AUTHORIZED BY THIS PROPOSITION SHALL BE USED ONLY FOR THE ACQUISITION, CONSTRUCTION, RECONSTRUCTION, REHABILITATION, OR REPLACEMENT OF SCHOOL FACILITIES, INCLUDING THE FURNISHING AND EQUIPPING OF SCHOOL FACILITIES, AND NOT FOR ANY OTHER PURPOSE, INCLUDING TEACHER AND SCHOOL ADMINISTRATOR SALARIES AND OTHER OPERATING EXPENSES. Tax Rate Statement An election will be held in the Gridley Unified School District (the "District") on June 5, 2012 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 $.04300 per $100 ($43.00 per $100,000) of assessed valuation in fiscal year 2012-13. 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 $.04300 per $100 ($43.00 per $100,000) of assessed valuation in fiscal year 2018-19. 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 $.04300 per $100 ($43.00 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: February 15, 2012
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