This is an archive of a past election. See http://www.smartvoter.org/ca/stn/ for current information. |
League of Women Voters of California Education Fund
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Measure A Bonds Sylvan Union School District 55% Majority Approval Required Pass: 9,402 / 56.89% Yes votes ...... 7,124 / 43.11% No votes
See Also:
Index of all Measures |
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Results as of Nov 22 7:18pm, 100.0% of Precincts Reporting (61/61) |
Information shown below: Yes/No Meaning | Impartial Analysis | | |||||
To enhance student learning, shall the Sylvan Union School District repair, renovate, and upgrade aging school facilities, including technology, infrastructure, and other improvements; construct, expand, furnish and equip school facilities, including acquisition of school sites, completion of new schools and construction of food service facilities; help qualify for matching State funds, by issuing $40,000,000 of bonds at legal interest rates, with NO proceeds used for teacher or administrator salaries and accountability provided by citizens' oversight and independent audits?
The Sylvan Union School District has ordered an election to submit to the voters of the District a measure to authorize a bonded indebtedness in the principal amount not exceeding $40,000,000. A "yes" vote is a vote to authorize the bonds to be issued and fi nanced by ad valorem taxes levied annually on real property in the District. A "no" vote is a vote against issuing the bonds. As authorized by the Proposition 39, which was approved by the voters of California on November 7, 2000, in order for this bond measure to pass, it must be approved by at least 55% of the voters voting on the measure. The stated purposes for which the proceeds of the bonds will be expended are to complete the construction of Daniel J. Savage Middle School and Crossroads Elementary School, modernize CF Brown Elementary School, Sherwood Elementary School, Standiford Elementary School, Stockard CoffeeElementary School, Sylvan Elementary School, Woodrow Elementary School Somerset Middle School, replacement of relocatable classrooms at various sites, construction of a multi-purpose facility at Somerset Middle School, construct a New Food Service/Central Kitchen, and acquire property for new schools to be repaid from developer mitigation and/or Mello Roos funding and applied to fund the above projects. The bond proceeds will be used only for the construction, reconstruction, rehabilitation or replacement, including the furnishing and equipping, of school facilities or the acquisition or lease of real property for school facilities. If the bond measure passes, the Board will appoint a citizens' oversight committee and conduct annual independent fi nancial and performance audits to assure that funds are spent only on projects approved by this measure and for no other purposes. The bonds may be sold in one or more series and will bear interest at a rate or rates not exceeding the legal maximum interest rate. The maturity of any series of bonds issued will not exceed twenty- fi ve (25) years if the bonds are issued pursuant to the Education Code or forty (40) years if the bonds are issued pursuant to the Government Code. The property tax rate on real property within the District will be increased above 1% of full cash value for the period necessary to pay off the bonds, as permitted by Section 1(b)(3) of Article XIIIA of the California Constitution. The percentage increase in the real property tax may vary from year to year, depending on the amount of the bond debt which is paid during that year and on the total assessed value of all real property within the District. In addition, since the interest rate on the bonds is determined when the bonds are sold, the exact amount of the tax increase can only be determined after the bonds are sold. Approval of Measure A does not guarantee that the proposed projects in the District will be funded beyond the local revenues generated by Measure A. The proposal for the projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.
Respectfully submitted,
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