This is an archive of a past election. See http://www.smartvoter.org/ca/sm/ for current information. |
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Measure D School Bond Measure Woodside Elementary School District School Bond Measure - 55% Approval Required Pass: 713 / 64.4% Yes votes ...... 395 / 35.6% No votes
See Also:
Index of all Measures |
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Results as of Jul 9 6:44pm, 100.0% of Precincts Reporting (7/7) 27.5% Voter Turnout (97,447/354,994) |
Information shown below: Official Information | Impartial Analysis | Arguments | | |||||
To repair basic Woodside Elementary School infrastructure and protect quality academic instruction in core subjects with local funding that cannot be taken by the State, upgrade educational facilities to meet current health/safety codes, renovate heating, electrical, sewer/security systems, fix leaking roofs, shall Woodside Elementary School District issue $13,500,000 of bonds at legal rates to repair, renovate, construct, reconstruct, acquire, and equip classrooms and school facilities with independent audits, citizens' oversight, and no money for administrators?
The Board of Trustees of the Woodside Elementary School District proposes this measure, which would authorize the district to issue bonds in an amount not to exceed $13.5 million. The bonds will have an interest rate not exceeding the legal maximum and will mature in a maximum of 25 to 40 years from their date of issuance, depending on how the bonds are issued. The District's best estimate of the average annual tax levy per $100,000 of assessed valuation to fund this bond is $24.05 for fiscal year 2014-2015 and also for fiscal years 2016-2017. The District's best estimate of the highest average annual tax rate levy per $100,000 of assessed valuation to fund this bond is $24.05. The California Constitution requires the listing of specific school facilities projects to be funded from the bond revenue and certification that the District governing board has evaluated safety, class size reduction, and information technology needs in the development of that list. The District's Project List for the bond is attached to the full text of the measures and lists three general types of projects: core school repairs, renovation, and upgrades; health, safety, and energy efficiency improvements; and district wide instructional technology projects. Specific improvements include: repairing or replacing roofs, floors, walkways, lighting, plumbing, sewers, and electrical systems; improving energy efficiency; replacing portable classrooms with permanent ones; updating classrooms and other education facilities; improving access for disabled students; upgrading fire, emergency, electrical, and security systems; and adding additional electrical service capacity. The Project list should be reviewed for further specifics. The California Constitution and Education Code require the District to take certain steps to account for the proceeds from the bonds. Accordingly, the District will direct the funds to be deposited into a special account, appoint a citizens' oversight committee, conduct annual independent performance and financial audits to assure that funds are spent only on the listed improvements and for other other purposes, and prepare annual reports listing the amount of funds collected and expended and the status of any funded project. A "yes" vote on this measure would authorize the Woodside Elementary School District to issue bonds in an amount not to exceed $13.5 million for the purposes listed in the Project List. A "no" vote would prevent the Woodside Elementary School District from issuing the bonds. This measure passes if 55% of those voting on the measure vote "yes."
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Arguments For Measure D | Arguments Against Measure D | ||
Protect the outstanding and award winning education children receive at Woodside Elementary School. Vote YES on Measure D.
For over 160 years, Woodside Elementary School has been an important part of what makes our community special. Our great teachers and rigorous math, science, and reading curriculum have prepared generations of Woodside students to succeed in high school, college, and careers. We want that legacy to continue. It has been nearly a decade since we invested in the physical upkeep of Woodside Elementary. Facility needs are growing - the school needs major roof, sewer, and other repairs, and renovation of heating and electrical systems. Measure D will allow Woodside Elementary to address these basic needs. Specifically Measure D will:
This prudent measure asks for far less money than neighboring school measures and will be supplemented by a private parent fundraising effort. Measure D is a smart investment to keep Woodside a desirable place to live and to enhance our property values. Measure D is proudly endorsed by residents from every Woodside neighborhood. Join teachers, parents, and Woodside community leaders in supporting Measure D. Please VOTE YES on Measure D. /s/ Wendy Warren Roth, Woodside Elementary School District Board President /s/ Frank York, President, W.L. Butler Construction, Inc. and long time Woodside resident /s/ Charline Quest Douty, longtime Woodside resident /s/ Erika M. Demma, Realtor & longtime Woodside resident /s/ Rudolph W. Driscoll, Jr., Woodside Elementary School District Board Member
Budgets reflect priorities. Woodside Elementary School District is saying every educational dollar spent today is going to something they consider a higher priority than "safety issues" and "computer technology." Do you agree? Would you buy a computer with a useful life of 3-5 years and pay for it with a 25 year loan? No? That's what the District is asking you to do! The latest figures from Education Data Parternship (www.Ed-Data.K12.ca.us) show only about 453 students in Woodside Elementary School District which means this bond could exceed $29,500 per student - NOT counting interest and administrative expenses. Which is more important to you? 1. Paying reasonable amounts on "safety issues" and "computer technology" now with dollars already in school's budgets 2. Sending nee tax dollars - through principal and interest payments - to big banks, investment brokers, and other people who buy these bonds as tax shelters If you value children's safety and technology more than funding tax shelters, vote NO on Measure D. If you value school maintenance more than making interest payments for 25 years, vote NO on Measure D. for more information: http://www.SVTaxpayers.org/2014-06-woodside-elementary-sd-bond
/s/ Mark W.A. Hinkle,
| When school boards ask voters for permission to go into debt with bonds like Measure D, they are admitting that everything they are currently spending your tax dollars on now is more important than the projects for which this tax increase is being sought. Budgets set priorities. Woodside Elementary School District is saying every educational dollar spent today is going to something they consider a higher priority than "safety issues" and "computer technology."
Do you agree? Would you borrow money for computer technology that will be obsolete in 3-5 years yet pay interest on that loan for a quarter century? Education Data Partnership (www.Ed-Data.K12.ca.us) shows only about 453 students in Woodside Elementary School District which means this bond could exceed $29,500 per student - NOT counting interest and administrative expenses. When we buy homes, truth-in-lending laws require we be told the real coast of buying these homes. For example: borrowing $1,135,500 and paying 5% interest for 30 years means annual payments of $73,115 in principal and interest- for a lifetime cost of $2,193,454. Shouldn't consumer protection laws apply to bond issues, too? As taxpayers we deserve to know the full truth about Measure D. We don't know when this debt will begin or what the market interest rate will be when it does. Which is more important to you? 1. Paying reasonable amounts on "safety issues" and "computer technology" now with dollars already in schools' budgets 2. sending new tax dollars - through principal and interest payments - to big banks, investment brokers, and wealthy people who buy these bonds as tax shelters. If you value children's safety and technology more than funding tax shelters, vote No on Measure D. If you value school maintenance more than making interest payments for 25 years, vote NO on Measure D. For more information: http://www.SVTaxpayers.org/2014-06-woodside-elementary-sd-bond /s/ Mark W.A. Hinkle, President, Silicon Valley Taxpayers' Association
Don't be misled by the out-of-town authors who oppose Measure D. Their statements are false. They oppose all school bond measures and they are NOT from Woodside. Measure D will repair critical school facilities including sewer, lights, and leaking roofs. It will also remove two old portable classrooms, repair classrooms, and other facilities to meet current health and safety codes and replace older heating and electrical systems to save on utility bills. By investing in facility repairs, we protect the quality of academic instruction in Woodside to ensure that students are receiving the best math, science, reading, and writing instruction. Measure D is modest - it asks for far less money than neighboring schools and will be supplemented by a private parent fundraising effort. Measure D REQUIRES strong accountability provisions:
Join teachers, parents, Woodside community leaders, and residents from every Woodside neighborhood in supporting Measure D. /s/ Wendy Warren Roth, Woodside Elementary School District Board President /s/ Richard Mainz, long-time Woodside resident /s/ Mary Pinkus, Woodside School Foundation President /s/ Veda Putnam, Woodside School PTA President /s/ Marc Tarpenning, Woodside Elementary School District Board Vice President |