15,782 / 74.5% Yes votes ...... 5,416 / 25.5% No votes

See Also: Index of all Measures

Pursuant to Section 18 of Article XVI and Section 1 of Article XIII of the California Constitution and California Education Code section 15274, this measure will become effective upon the affirmative vote of at least 55% of those voters voting on the measure.

If 55% of the qualified electors voting on this measure vote for approval, the District will be authorized to issue bonds in the amount not to exceed $49,000,000. Approval of this measure will authorize the District to levy an ad valorem tax on the assessed value of real property within the District by an amount needed to pay the principal and interest on these bonds.

The Tax Rate Statement for Measure E in this Voter Pamphlet reflects the District's best estimates, based upon currently available data and projections, of the property tax rates required to service the bonds in the first year in which taxes are expected to be levied to pay debt service on the bonds, the year in which the tax is expected to be highest, and the year following the last expected issuance of bonds, all as required by statute. The estimate of the tax rate required to be levied to fund the bonds for the first fiscal year after the sale of the first series of bonds is 3.460 cents per 100 dollars of assessed valuation ($34.60 per $100,000) and the highest tax rate is estimated to be 4.931 cents per 100 dollars of assessed valuation ($49.31 $100,000) in fiscal year 2007-08, as set forth more fully in the measure's Tax Rate Statement in this Voter Pamphlet.

If 55% of the qualified electors voting on this measure do not vote for approval, the measure will fail and the San Lorenzo Unified School District will not be authorized to issue the bonds.

s/RICHARD WINNIE County Counsel

A Yes vote on Measure E will:

1. Build new science labs at the middle and high schools.

2. Expand and modernize school libraries.

3. Upgrade and replace playground equipment to improve student safety.

4. Replace worn out flooring and remove asbestos from school sites.

5. Provide students better access to classroom technology.

6. Build new middle school multi-purpose rooms/gyms.

7. Renovate aging restrooms and locker rooms.

8. Replace older portable classrooms with permanent classrooms.

All Measure E funds will be used for specific local school projects. None of the funds will be used for administrator or teacher salaries. The average yearly cost to property owners would be $32.86 per $100,000 of assessed valuation (not market value). The last school bond in the district was nearly 40 years ago.

The San Lorenzo Unified School District, organized in 1859, is one of the oldest districts in California. For 145 years, the schools have served the communities of San Lorenzo, San Leandro and Hayward. Most of the current schools were built between 1950 and 1955. Significant facility upgrades are necessary if our schools are to continue to serve the community and meet the educational needs of students today. AYes vote on Measure E will provide the funds to make our schools better able to serve our students.

Quality educational facilities protect and enhance our property values, and support our students. Good schools make great communities.

Please join us in voting Yes on Measure E.

s/DORIS A. MARCIEL SLz USD Retired Teacher

s/JIM SHERMAN SLz L.H.A.-V.P.

s/DOROTHY PARTRIDGE Chair, San Lorenzo Library Advisory Committee

s/ROBERT H. GLAZE Councilmember City of San Leandro

s/LANCE J. BAUER President Ashland Little League

1. The best estimate of the tax rate which 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 3.460 cents per $100 ($34.60 per $100,000) of assessed valuation in fiscal year 2005-06.

2. The best estimate of the highest tax rate which would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, is 4.931 cents per $100 ($49.31 per $100,000) of assessed valuation in fiscal year 2007-08.

3. The best estimate of the tax which would be required to fund this bond issue during the 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 4.931 cents per $100 ($49.31 per $100,000) of assessed valuation in fiscal year 2007-08.

4. Based on the District's estimate of when bonds will be sold, the interest rates prevailing at the time of such bond sales, and the projected growth in assessed valuation, the best estimate of the average tax rate which would be required to fund this bond issue is 3.286 cents per $100 ($32.86 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 governed 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 6, 2004

s/ARNIE GLASSBERG Superintendent San Lorenzo Unified School District

By approval of this proposition by at least 55 percent of the registered voters voting on the proposition, the District will be authorized to issue and sell bonds of up to $49,000,000 in aggregated principal at interest rates within the legal limit and to provide financing for the specific school facilities projects listed in the Bond Project List described below, subject to all the accountability requirement specified below.

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. Expenditures to address specific facilities needs of the District will be 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 of Education has identified detailed facilities needs of the District and has determined which projects to finance from a local bond at this time. The Board of Education hereby certifies that it has evaluated safety, class size reduction, enrollment growth, instructional programs, and information technology needs in developing the Bond Project List shown below.

Independent Citizens' Oversight Committee. The Board of Education shall establish an Independent Citizens' Oversight Committee under Education Code Section 15278 and following to ensure bond proceeds are expanded only on the school facilities projects listed below. The committee will be established within 60 days of the date when the results of the election appear in the minutes of the Board of Education.

Performance Audits. The Board of Education shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school facilities projects listed below.

Financial Audits. The Board of Education 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 below.

FURTHER SPECIFICATIONS

No Administrator Salaries. Proceeds from the sale of bonds authorized by this proposition shall be used only for the construction, replacement, acquisition and renovation of school facilities including the furnishing and equipping of school facilities and not for any other purpose, including teacher and administrator salaries and other school operating expenses.

BOND PROJECT LIST

The Bond Project List shown below is a part of the ballot proposition and must be reproduced in any official document required to contain the full statement of the bond proposition. All of the schools in the San Lorenzo Unified School District will receive funds from the bond. The following is a list of schools in the San Lorenzo School District:

Bay Elementary, Colonial Acres Elementary, Corvallis Elementary, Dayton Elementary, Del Rey Elementary, Grant Elementary, Hesperian Elementary, Hillside Elementary, Lorenzo Manor Elementary, Bohannon Middle School, Edendale Middle School, Washington Manor Middle School, Arroyo High School, Royal Sunset High School, San Lorenzo High School, and the San Lorenzo Adult School.

The San Lorenzo Unified School District will use bond funds for the following school facility projects:

Science Labs: New science labs will replace outdated science labs at middle schools and high schools in the district. The new science labs will improve science classrooms and enhance student science labs to meet current curriculum standards. Bond funds will pay for new science labs at: Bohannon Middle School, Edendale Middle School, Washington Manor Middle School, Arroyo High School, Royal Sunset High School and San Lorenzo High School.

Modernizing and Enhancing School Libraries: School libraries will be expanded and modernized at schools in the San Lorenzo Unified School District by adding space, expanding shelf space for books, and adding library computers and technology. Based on the various needs of the schools in the District, library improvements will be made at Bay Elementary, Colonial Acres Elementary, Corvallis Elementary, Dayton Elementary, Del Rey Elementary, Grant Elementary, Hesperian Elementary, Hillside Elementary, Lorenzo Manor Elementary, Bohannon Middle School, Edendale Middle School, Washington Manor Middle School, Arroyo High School, Royal Sunset High School, and San Lorenzo High School.

Replace Older Portable Classrooms: Bond funds will be used to replace portable classrooms which are temporary or in the worst condition due to severe deterioration and structural deficiencies. New classrooms will replace the old portables at Corvallis Elementary, Del Rey Elementary, Grant Elementary, Hesperian Elementary, Hillside Elementary, Lorenzo Manor Elementary, Edendale Middle School, Washington Manor Middle School, Arroyo High School, San Lorenzo High School, and other district facilities.

Student Safety Upgrades to Playground Equipment and Bleachers: Playground equipment that no longer complies with consumer product safety standards will be replaced at all elementary schools and preschools in the district. The schools include Bay Elementary, Colonial Acres Elementary, Corvallis Elementary, Dayton Elementary, Del Rey Elementary, Grant Elementary, Hesperian Elementary, Hillside Elementary, Lorenzo Manor Elementary and Royal Sunset Preschool. Old and deteriorating bleachers at secondary schools are a safety hazard and need to be replaced. Some bleachers are so old that parts are no longer available to fix them.

Restroom Renovations: Restrooms throughout the District are worn out from up to 53 years of student use. Old floor mounted urinals need to be replaced, handicapped access must be improved, and worn out restrooms and locker rooms need to be renovated. All schools and district facilities in the San Lorenzo Unified School District may receive bond funds to improve or repair restrooms.

Upgrade and improve classroom computer technology: All schools will receive computer lab and classroom computer systems upgrades and improvements, including infrastructure and network improvements to computers.

Other projects: New middle school community centers/gyms and music rooms at each middle school. Floor replacements and asbestos removal, including high school gym floors. Renovate aging schools and make necessary repairs. Make general site improvements, including better handicapped access to classrooms and restrooms.