League of Women Voters of California Education Fund
	Riverside County, CA November 6, 2012 Election
	Measure V School Improvement Bonds Nuview Union School District School Bonds - 55% Approval Required Pass: 1,781 / 65.53% Yes votes ...... 937 / 34.47% No votes See Also: Index of all Measures

Arguments For Measure V

In June 2006, Nuview Union School District voters passed a general obligation bond to improve our community's schools. Since that time, tremendous improvements have been made in repairing and rehabilitating our children's schools and classrooms. But much remains to be done. Measure "V" will reauthorize $4 million of the previously approved 2006 bonds. By voting YES on Measure "V" we can finish the job of improving our local public schools while at the same time SAVING MILLIONS OF TAXPAYER DOLLARS. Here's how: Measure "V" makes financial sense and has taxpayer protections in place: Reauthorizing the 2006 bonds will allow the District to borrow at much lower interest rates, saving taxpayers millions of dollars in interest. Ironclad restrictions that money can only be spent on improving our community's schools. No funds can be spent on administrator salaries, pensions, or benefits. The reauthorized bonds will NOT cause any increase in total District debt. Required annual review of all expenditures by an independent citizens' oversight committee. Legally required annual audits. All Measure "V" funds MUST be used to improve our children's schools and CANNOT BE TAKEN AWAY BY THE STATE AND SPENT ELSEWHERE! Measure "V" will let Nuview SD continue the job of fixing our schools by: Upgrading and replacing outdated heating, ventilation and air-conditioning systems. Upgrading and repairing aging restrooms and plumbing. Renovating and modernizing outdated classrooms and school facilities and improving safety enhancements at each campus. Upgrading classrooms with up-to-date technology. Repairing and replacing leaky roofs. Our local schools are our most important asset and should be our number one priority. Measure "V" will improve our community's schools, help improve housing values, stimulate our local economy and save taxpayers millions of dollars in interest. Please join us by voting YES on Measure "V"! By: William Dean Buchanan, Business Owner Charlene Busch, Former Board Member Barry R. Busch, Board Assistant for Riverside County Supervisor Marion Ashley Amanda R. Wilcox, Parent Melinda Antram, Parent (No arguments against Measure V were submitted)

Tax Rate Statement from David Pyle, Superintendent, Nuview Union School District

An election will be held in Nuview Union School District (the "District") on November 6, 2012 to reauthorize the sale of $4,000,000 in general obligation bonds, previously approved by voters in June 2006 through the issuance of new bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code. 1. 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 $.0270 per $100 ($27.00 per $100,000) of assessed valuation in fiscal year 2013-14. 2. 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 $.0270 per $100 ($27.00 per $100,000) of assessed valuation in fiscal year 2013-14. 3. 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 $.0270 per $100 ($27.00 per $100,000) of assessed valuation. 4. The best estimate of the average 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 $.0270 per $100 ($27.00 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 August 2, 2012