League of Women Voters of California Education Fund
	Los Angeles County, CA November 6, 2012 Election
	Measure L School Improvement Funding Lancaster Elementary School District School Bonds - 55% Approval Required Pass: 21,804 / 70.24% Yes votes ...... 9,238 / 29.76% No votes See Also: Index of all Measures

Arguments For Measure L

MEASURE FOR ACADEMIC EXCELLENCE, MODERN TECHNOLOGY, AND UPGRADED CLASSROOMS In order for our kids to be prepared for high school and college, they must be skilled in 21st Century technologies and have a solid background in science, math, and technology. We need to ensure our local students have access to the education tools and quality learning environments they need to succeed in high school, college, and careers. MEASURE "L" WILL: Upgrade classrooms, science labs and computer systems to keep pace with technology Repair or replace leaky roofs, worn-out floors, old rusty plumbing, and faulty electrical systems Provide the facilities and equipment needed for career and technology education classes so students are prepared for high school, college and good paying jobs in science, technology, and skilled trades fields MEASURE "L" IS A GOOD INVESTMENT. As taxpayers, we know it is important to have good schools with quality classrooms. This measure will save the Lancaster School District almost $2 million per year in utility costs and debt payments. This is money that can be spent on retaining qualified teachers and protecting the quality of classroom instruction. MEASURE "L" MAKES FINANCIAL SENSE. Quality schools help protect and improve local property values All of the money raised by this measure will stay local improving school facilities, technology and classroom instruction, and can't be taken away by the State MEASURE "L" INCLUDES TAXPAYERS SAFEGUARDS AND ACCOUNTABllXIY: Annual financial audits An independent citizens' oversight committee to ensure money is spent properly No monies for administrative salaries Many of our school buildings were built more than 50 years ago. We need to update our schools, technology, and equipment if we expect our students to have the same opportunities as others to succeed. Please join us and VOTE YES on Measure "L"! JANICE FORTE-WATSON Principal- Linda Verde School TONYA CARLINE Parent DONITA WINN Trustee - Antelope Valley Union High School District HOWARD E. SUNDBERG Past District Superintendent KEITH GILES President Lancaster School District Board of Trustees (No arguments against Measure L were submitted)

Tax Rate Statement from MICHELE BOWERS, Ed.D., Superintendent, Lancaster School District

An election will be held in the Lancaster School District (the "District") on November 6, 2012 to authorize the sale of up to $63.0 million in bonds of the District to finance school facilities as described in the Measure. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400-9404 of the Elections Code of the State of California. 1. The best estimate from official sources of the tax rate that would be required to be levied to fund the bond issue during the first fiscal year after the first sale of the bonds, based on estimated assessed valuations available at the time of the filing of this statement, is $24.00 per $100,000 of assessed valuation of all property to be taxed for the year 2013-14. 2. The best estimate from official sources of the tax rate that would be required to be levied to fund the bond issue during the first fiscal year after the last sale of the bonds and an estimate of the year in which that rate will apply, based on estimated assessed valuations available at the time of the filing of this statement, are $24.00 per $100,000 of assessed valuation of all property to be taxed and the year 2028-29. 3. The best estimate from official sources of the highest tax rate that would be required to be levied to fund the bond issue and an estimate of the year in which that rate will apply, based on estimated assessed valuations available at the time of the filing of this statement, are $24.00 per $100,000 of assessed valuation of all property to be taxed beginning in the year 2013-14. 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. Property owners should consult their own property tax bills to determine their property's assessed value and any applicable tax exemptions. Attention of all voters is directed to the fact that the foregoing information is based upon the District's projections and estimates only, which are not binding upon the District. The actual tax rates and the years in which they will apply may vary from those presently estimated, due to variations from these estimates in the 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 the equalization process. Dated: August 9, 2012