This is an archive of a past election. See http://www.smartvoter.org/ca/la/ for current information. |
| ||||||
|
||||||
Measure PS School Improvement Pomona Unified School District School Bond - 55% Approval Required Pass: 30,058 / 74.73% Yes votes ...... 10,163 / 25.27% No votes
See Also:
Index of all Measures |
||||||
|
Results as of Nov 28 5:11pm, 100.00% of Precincts Reporting (63/63) |
Information shown below: Impartial Analysis | | ||||
To repair old plumbing, heating, ventilation, and air conditioning systems; provide academic academies and magnet schools; upgrade technology; improve access to computers; expand science labs; renovate and construct classrooms and educational facilities, and make the District eligible to receive and estimated $47.5 million in State matching grants, shall Pomona Unified School District issue $235 million of bonds at lowest possible interest rates, with no money for administrative salaries, and spending annually reviewed by an independent oversight committee?
Funds received from the sale of the bonds shall be used for the specific purposes set forth in this Measure including, repairing plumbing, heating, ventilation, and air conditioning systems; providing academic academies and magnet schools; upgrading technology; expanding science labs; and renovating/constructing classrooms and educational facilities. No funds may be used for teacher and administrator salaries or any other school operating expenses. Independent performance and financial audits will be performed annually to ensure that funds received from the sale of the bonds are expended as specified by the Measure. All bond expenditures will be monitored by an independent Citizens’ Oversight Committee to ensure that funds are spent as specified. The best estimate of the tax rate that would be required to fund this bond is $60 per year per $100,000 of taxable property within the District. The bonds shall mature and be paid no later than forty (40) years following their date of issuance. By issuing the bonds the District may be eligible to receive matching funds. This Measure requires a fifty-five percent (55%) vote for passage.
|
Official Information District Statistics
|