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LWV League of Women Voters of California Education Fund
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Kern County, CA November 4, 2008 Election
Measure G
Bond
Mojave Unified School Facilities Improvement District 2

55% Approval Required

Pass: 804 / 70.22% Yes votes ...... 341 / 29.78% No votes

See Also: Index of all Measures

Results as of Jan 24 10:33am, 100.0% of Precincts Reporting (6/6)
Information shown below: Impartial Analysis | Arguments | Tax Rate Statement | Full Text

To acquire, construct, and improve classrooms and facilities in Mojave, including improving fire alarm and plumbing systems, and improving access to modern technology at Mojave Elementary, and improving vocational education facilities at Mojave High, shall the Mojave Unified School District be authorized to issue $14,000,000 in bonds at legal interest rates with annual audits, a citizens' oversight committee, and no money for teacher salaries?

Impartial Analysis from the County Counsel
The Mojave Unified School District ("District") has ordered an election to be held within the boundaries of the Mojave Unified School District Facilities Improvement District No. 2 ("Improvement District") regarding the issuance and sale of bonds. A "Yes" vote by at least fifty five percent (55%) of the voters voting on this measure will authorize the issuance and sale of bonds for the benefit of the Improvement District in an amount up to fourteen million dollars ($14,000,000).

Proceeds from the sale of these school bonds may only be used for the construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities. As required by law, the District has listed the specific projects to be funded, in whole or in part, by the bonds. The list of projects is printed in the sample ballot. Approval of the bond measure does not guarantee that the listed projects will be fully funded.

The District will conduct an annual independent performance audit, in order to ensure that the bond proceeds have been expended only on the specific projects listed, and an annual independent financial audit of the bond proceeds until all of those funds have been expended. In addition, the District's Board of Trustees will appoint an independent citizens' oversight committee to inform the public concerning the expenditure of bond revenues.

The bond debt will be a general obligation of the Improvement District and will be financed by property taxes levied annually on taxable property located within the Improvement District in an amount necessary to pay the annual debt obligation. This property tax rate increase will continue for the period necessary to pay off the bond debt, not to exceed a period of forty (40) years.

The interest rate on the bonds cannot exceed twelve percent (12%) per annum. The interest rate will be established at the time of the sale of the bonds and will depend on prevailing market rates. In the District's Tax Rate Statement, it has provided its best estimate of the tax rates which will be applied to pay the debt at various intervals during the life of the bonds.

This wording applies to Measure G:

Approval of Measure G does not guarantee that the proposed project or projects in the Mojave Unified School District that are the subject of bonds under Measure G will be funded beyond the local revenues generated by Measure G. The school district's proposal for the project or 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.

This wording applies to Measure G:

This is an impartial analysis of Measure G. If you want a copy of the District's resolution ordering the election to vote on Measure G, please call Kern County Elections at (661) 868-3590 or 1-800-452-8683 and a copy will be mailed at no cost to you.

 
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Arguments For Measure G
In Mojave, educating our children is the highest priority. Mojave Elementary and Mojave High have served us well over the years, but they are outdated and in need of major repairs and upgrades. We now need to improve Mojave schools so they are comparable to other schools in the area.

The students of Mojave schools need your YES vote on Measure "G". Yes on Measure "G" will improve our schools and allow us to continue to provide a quality education to our children. Your YES vote on Measure "G" will have a lasting, positive impact on Mojave Elementary and Mojave High.

MEASURE "G" WILL IMPROVE MOJAVE SCHOOLS. IT WILL:

Upgrade outdated fire alarm and plumbing systems to improve student health and safety, and expand student access to modern technology at Mojave Elementary

Update and improve vocational classrooms at Mojave High

Renovate walls, ceilings, floors and roofs

Update classrooms, auditorium and support facilities

MEASURE "G" MAKES FINANCIAL SENSE. IT WILL:

Make school improvements happen now, instead of later, when they will cost more

Require that funds will only be spent on Mojave schools

Improve local property values and maintain the desirability of our community

As taxpayers, it is crucial to have quality local public schools with adequate facilities.

MEASURE "G" HAS TAXPAYER SAFEGUARDS, INCLUDING:

An independent citizens' oversight committee of local business leaders, parents, senior citizens, and taxpayers advocates

Annual financial and performance audits to ensure funds are only spent on voter-approved projects

A requirement that funds be used only to improve schools - not to pay employee salaries

JOIN PARENTS, TEACHERS, SENIOR CITIZENS, BUSINESS OWNERS, AND COMMUNITY LEADERS IN SUPPORTING OUR LOCAL SCHOOLS!

TUESDAY, NOVEMBER 4th, VOTE YES ON MEASURE "G"!

s/Jimmy R. Balentine
s/Bill Wilson
s/George F. Hodgkinson

(No arguments against Measure G were submitted)

Tax Rate Statement
An election will be held in the Mojave Unified School District (the "District") on November 4, 2008, on the question of issuing bonds in the principal amount of $14,000,000. If the bonds are authorized and sold, debt service thereon will be paid from taxes levied on taxable property in the District. The following tax rate information is given to comply with Sections 9400-9404 of the Elections Code.

Based on estimated assessed valuations available at the time of filing of this statement:

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 4.750 cents per $100 ($47.50 per $100,000) of assessed valuation in fiscal year 2009-10.

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 4.750 cents per $100 ($47.50 per $100,000) of assessed valuation in fiscal year 2020-21.

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 4.750 cents per $100 ($47.50 per $100,000), the current voter-approved tax rate.

Voters should note that the 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. In addition, taxpayers may be eligible for a property tax exemption, such as the homeowner's exemption. Certain taxpayers may also be eligible to postpone payment of taxes. Property owners should consult their own property tax bills and the County Assessor to determine their property's assessed value and any applicable tax exemptions.

Attention of all voters is directed to the fact that the foregoing estimated tax rate information is partly based on assumptions and projections. The actual tax rates and the years in which they will apply may vary from those presented above, because of variations from the assumed 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 the need for construction funds and other factors. 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 equalization process.

Full Text of Measure G
DISCLAIMER: All documents are printed exactly as submitted to the Elections Office.

EXHIBIT B
BALLOT MEASURE G
MOJAVE UNIFED SCHOOL DISTRICT
SCHOOL FACILITIES IMPROVEMENT DISTRICT NO. 2


SPECIFIC SCHOOL FACILITIES PROJECTS TO BE FUNDED:

Mojave Elementary School:

Modernize School Facilities
Improve fire alarm systems
Improve plumbing systems
Expand access to modern technology
Modernize Backus Gymnasium for joint use purposes

Mojave High School:

Update and improve vocational education facilities for joint use purposes
Improve student support facilities

Additional Projects:

Furnish and equip Mojave schools
Address unforeseen conditions revealed by construction/modernization (e.g., plumbing or gas line breaks, dry rot, seismic, structural, etc.) in Mojave schools
Perform necessary site preparation/restoration in connection with new construction, modernization, renovation or remodeling in Mojave schools


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Created: January 24, 2009 10:33 PST
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