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Measure SA County & Local Ballot Measures William S. Hart Union High School District School Bond - 55% Approval Required Pass: 59,287 / 60.61% Yes votes ...... 38,529 / 39.39% No votes
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Index of all Measures |
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Results as of Nov 28 5:11pm, 100.00% of Precincts Reporting (189/189) |
Information shown below: Impartial Analysis | | ||||
To improve educational opportunities for local students shall William S. Hart Union High School District: repair, replace and upgrade outdated classrooms, science/computer labs, instructional technology, wiring, plumbing, heating, ventilation; improve safety to meet current fire/seismic codes, add a new high school and facilities and classrooms to relieve student overcrowding; by issuing $300,000,000 in bonds at interest rates below legal limits, with independent citizen’s oversight, annual financial audits, all funds remaining local and no money for administrator salaries?
Funds received from the sale of the bonds shall be used for the specific purposes set forth in this Measure including, repairing, replacing, and upgrading outdated classrooms, science/computer labs, instruction technology, wiring, plumbing, heating, ventilation; improving fire/seismic systems; and adding a new high school, facilities, and classrooms. 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 the funds received from the sale of the bonds are expended as specified in the Measure. All bond expenditures will be monitored by an independent Citizen’s Oversight Committee to ensure that the funds are spent as specified. The bonds proposed to be issued and sold shall bear interest at a rate not exceeding twelve percent (12%) per annum. The bonds would only be issued if the tax rate levied does not exceed $30 per year per $100,000 of taxable property within the District. The bonds would be issued for a term not to exceed twenty-five (25) years in the case of bonds issued under the authority of the Education Code, and forty (40) years in the case of bonds issued under the authority of the Government Code. By issuing the bonds the District may be eligible to receive matching state funds. This Measure requires a fifty-five percent (55%) vote for passage.
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