League of Women Voters of California Education Fund
	Riverside County, CA November 6, 2012 Election
	Measure T School Improvement Funding Perris Union High School District School Bonds - 55% Approval Required Pass: 26,347 / 61.83% Yes votes ...... 16,267 / 38.17% No votes See Also: Index of all Measures

Arguments For Measure T

Voting YES on "T" will provide locally controlled funding to update and repair our local secondary schools serving Menifee and the Perris area. Measure "T" will upgrade high school vocational education programs that give students opportunities to achieve the skills needed to compete for good jobs in today's competitive economy. Measure "T" also provides essential school repairs and upgrades so all students have equal access to clean, safe and up-to-date classrooms, science labs, instructional technology and career training to prepare them for college and the workforce. Student test scores at our neighborhood middle and high schools have risen steadily over the past five years. However, student overcrowding, outdated technology, and state budget cuts threaten this progress. Measure "T" is a local solution: providing locally controlled funds to improve local schools. By law, all Measure "T" funds stay here and not one penny can be taken by Sacramento or used for other purposes. Measure "T" will: Upgrade vocational education classrooms, labs and technology Update fire safety and school security systems Add classrooms and school facilities to relieve overcrowding, including a new high school in Menifee, which would support eventual unification Remove potentially hazardous materials where found Update restrooms and other essential school facilities Update science and computer labs Modernize educational tools to help attract and retain excellent teachers and promote continued increases in academic achievement by our students Investing now in our local schools will also create new jobs and strengthen local property values. If we wait, these problems will become more costly. An independent community oversight committee and annual public audits ensure strict oversight and accountability. No funds can be used for administrator salaries or benefits. Join us and vote YES on Measure "T" to support quality education in local schools. By: Randy Freeman, Menifee Union School District Board Member, Parent, Teacher Anthony Monachino, Menifee Union School Site Council, Parent Lee Tankesley, Menifee/Sun City Resident, Citizen's Oversight Committee Former President Xochitl Tafolla-Molina, Life Long Resident, Perris High School Graduate Grant Bennett, Perris Valley Chamber of Commerce President (No arguments against Measure T were submitted)

Tax Rate Statement from Ms. Candace Reines, Assistant Superintendent, Business Services - Perris Union High School District

As shown on the enclosed official ballot, an election is being held in the Perris Union High School District ("District") on November 6, 2012, for the purpose of submitting to the registered voters within the District the question of whether the District shall issue and sell bonds in an amount not to exceed $153,420,000 for the purpose of providing funds for the specified school facilities and school projects as set forth in the resolution of the District calling such bond election. This measure will authorize a tax sufficient for payment of interest on, and redemption of, the bonds. The bonds shall bear interest at a rate, or rates, to be established at such time as the bonds are sold, in one or more series, at fixed or variable interest rates not to exceed the maximum applicable statutory rate for such bonds. If such bonds are authorized and sold, the principal thereof and the interest thereon are a general obligation of the District, payable from the proceeds of ad valorem taxes on taxable real property located within the District. The following information is submitted in compliance with California Elections Code Sections 9401 through 9404 based on estimates of assessed valuations available at the time of filing of this statement: (a) 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 filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors is $0.030 per $100 ($30.00 per $100,000) of assessed valuation. (b) It is anticipated that the bonds will be sold in more than one series. The best estimate from official sources of the tax rate which would be required to be levied to fund such bond issues during the first fiscal year after the last sale of the bonds based on estimated assessed valuations available at the time of filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors is $0.030 per $100 ($30.00 per $100,000) of assessed valuation. (c) The best estimate from official sources of the highest tax rate which would be required to be levied to fund the bond issues during the term of the bond issues, based on estimated assessed valuations available at the time of filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors, is $0.030 per $100 ($30.00 per $100,000) of assessed valuation. It is estimated that the highest tax rate would apply in the 2013-2014 tax year based on assessed valuations available at the time of this filing or a projection based on experience within the same jurisdiction or other demonstrable factors. Voters should note that these estimated tax rates are based on the assessed value of taxable property within the District as shown on the official rolls of Riverside County, not on the property's market value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective rate than described above. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by the Riverside County Assessor in the annual assessment and the equalization process. Property owners should consult their own property tax bills and/or tax advisors to determine their property's assessed value and any applicable tax exemptions. Attention of all voters is directed to the fact that these estimates are based on assumptions and projections derived from information obtained from official sources. The actual tax rates and the years in which they will apply may vary depending on the timing of any bond sales, the amount of bonds sold, market interest rates at the time of each sale of bonds and actual assessed valuations over the term of repayment of the bonds. The timing of the bond sales and the amount of bonds sold at any given time will be governed by the needs of the District, including the legal limitations on bonds approved by a 55% vote. The actual interest rates at which the bonds will be sold will depend on the bond market at the time of each such sale. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by the Riverside County Assessor in the annual assessment and the equalization process. Dated: June 20, 2012