League of Women Voters of California Education Fund
	Los Angeles County, CA November 6, 2012 Election
	Measure QS Castaic School Improvement Measure Castaic Union Elementary School District School Bonds - 55% Approval Required Pass: 5,682 / 64.62% Yes votes ...... 3,111 / 35.38% No votes See Also: Index of all Measures

Arguments For Measure QS

Vote YES on QS for QUALITY SCHOOLS in Castaic. Measure QS gives Castaic LOCAL control over LOCAL funds for LOCAL needs. NONE of the funds can be taken away by Sacramento NONE of the funds can be used for administrator salaries We are fortunate to have outstanding elementary and middle schools here in Castaic. Thanks to strong core academic programs, outstanding teachers and a community that supports our schools, student test scores at all four Castaic Union School District schools are well above the state standard for excellence. Voting Yes on QS will help Castaic schools to: Qualify for millions in matching funds that would otherwise go to other communities Retain our award-winning teachers and maintain small class sizes Protect quality academic instruction in core subjects like math, science, reading and writing Provide teachers with the resources they need to help students succeed Support safe and supervised afterschool activities that help keep kids on the right track Provide all students with equal access to modern, high-quality classrooms and science/computer labs Create jobs for local residents, pump money into our community and get our economy on track Measure QS requires strict fiscal accountability. Annual audits, an independent citizens' oversight committee and regular reports to the community are mandatory to ensure funds are spent as promised. We cannot rely on the State to adequately fund our schools and waiting will only make these projects more expensive. Voting Yes on QS allows Castaic schools to take advantage of historically low interest rates and construction costs. The best part is, Sacramento can't take away ONE PENNY of Measure QS funding. Please join Castaic's teachers, principals, parents, seniors and business and civic leaders in voting YES on QS for QUALITY SCHOOLS in Castaic. VICTOR M. TORRES President, Castaic School District Board of Trustees SUZANNE GRAFF President, Castaic Teachers Association TAMMIE LICARI President, Castaic Middle School Parent, Teacher, Student Association (PTSA) DEBBIE HAWKINS Local Realtor, Member of Castaic Education Foundation FLO LAWRENCE Member, Castaic Area Town Council Member, Lions Club of Castaic (No arguments against Measure QS were submitted)

Tax Rate Statement from JAMES M. GIBSON, Superintendent of Schools, Castaic Union School District

An e~ection will be held in the Castaic Union School District (the "District") on November 6, 2012, to authorize the sale of up to $51 million in bonds of the District to finance school facilities as described in the proposition. If the bonds are approved, the District expects to issue the bonds in multiple series over 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 following information is provided in compliance with Sections 9400 through 9404 of the California Elections Code. 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 $0.019 per $100 ($19.00 per $100,000) of assessed valuation in fiscal year 2013-14. 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 $0.019 per $100 ($19.00 per $100,000) of assessed valuation in fiscal year 2022-23. 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 $0.019 per $100 ($19.00 per $100,000) of assessed valuation, which is projected to be the same in every fiscal year that the bonds remain outstanding. 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, which could be more or less than the assessed value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective tax rate than described above. Certain taxpayers may also be eligible to postpone payment of taxes. Property owners should consult their own property tax bills and tax advisors 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 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: July 19, 2012.