League of Women Voters of California Education Fund
	Riverside County, CA November 4, 2014 Election
	Measure AA Expand and Repair Facilities Mount San Jacinto Community College District Bond Measure - 55% Approval Required Pass: 76,993 / 58.82% Yes votes ...... 53,904 / 41.18% No votes See Also: Index of all Measures

Arguments For Measure AA	Arguments Against Measure AA
In the last four years, the state has cut millions of dollars from Mt. San Jacinto Community College. We won't stand for this, and can't rely on Sacramento politicians to help our local colleges--vote YES on "AA"! Do you think it's difficult to get a job in today's slowly recovering economy? We sure do! Vote YES on "AA" to expand essential job training and workforce preparation skills in nursing, science, technology, engineering and math to meet the needs of our local, regional employers. A skilled workforce helps attract more high paying jobs and businesses to our region. YES on "AA" ensures that our tax dollars stay local to address our area's educational and job training needs. Sacramento is legally prohibited from taking Measure "AA" funds! YES on "AA" helps provide job training and education for our returning military veterans. It is shameful how the federal government is treating our war veterans. Mt. San Jacinto College is a national leader in helping returning veterans reintegrate with their education and careers. It upgrades and expands veteran services and job training so returning veterans receive the support they need to complete their education and enter the civilian workforce. YES on "AA" will: Improve our nationally-recognized, award-winning education by expanding our transfer preparation and career training opportunities/increasing partnerships with area employers to fill local job training needs Benefit students from EVERY region in the District Double the college's student capacity Upgrade leaky roofs and bathrooms Upgrade outdated nursing labs, paramedic, 9-1-1, law enforcement and job training classrooms Ensure disabled accessibility YES on "AA"'s strict Fiscal Accountability requirements include an expanded Independent Citizens' Oversight Committee and annual financial audits ensuring money is spent as promised. No money will go towards salaries or pensions and ALL money will stay local to address our region's education and job training needs. By: Marion Ashley, Riverside County Supervisor Joan Sparkman, Southwest Healthcare Governing Board Rosemary Salgado, San Jacinto Unified School District and Valley Wide Park & Recreation Trustee Stephanie Vasquez, War Veteran Karen Cranney, Mt. San Jacinto Faculty Association President Rebuttal to Arguments For While State Funding was curtailed following the "Great Recession," Bond Proponents Falsely Argue that MSJC received only cuts during the past 4 years. Rather, the 2014-15 State Budget increases Funding by almost $1 Billion, or about 11 Percent over the previous year. "I'm calling it a Grand Slam," said Scott Lay, President of the Community College League of California, a Nonprofit Association for Community College Districts Statewide. "It freezes tuition and brings us back to the Funding Levels of 2007-2008." Budget Increases Include: $155.2 Million to fund a 3 percent restoration of access allowing Colleges to add approximately 70,000 students. $48.5 Million to fund a Cost of Living Adjustment of 0.86 percent. $175 Million for deferred maintenance and instructional equipment. $235.6 Million reduction in payment deferrals, combined with $356.8 million proposed in one-time funds for this purpose. $39 Million in Proposition 39 funds for energy efficiency and workforce development projects. $2.5 Million for local technical assistance supporting implementation of effective student success practices, with priority placed on underperforming districts. $1.1 Million and nine new Chancellor's Office positions to develop student success indicators and monitor College/District performance. $50 Million in one-time funding for incentive awards recognizing models of innovation in Higher Education. NO student fee increase for the 2014-15 Academic Year. State Funding is Rebounding to Pre-Recession Levels. It's the WRONG time to Burden Locals with More Debt and Higher Taxes. Please Vote NO on Measure "AA" By: StopTheMoneyGrab.com Steven Beutz, Voter and Taxpayer Martha L. Bridges, Community Advocate Sheryl Ade, Former Wildomar City Councilmember Gerard St. Marie	A vote in favor of this Controversial Bond Measure means Higher Taxes. Measure "AA" means that WE Assume the Obligation to Repay $Millions of Dollars in Debt issued on behalf of Mt. San Jacinto Community College + in addition to Interest and Debt Servicing + which makes Payback on Bonds as high as 11⁄2 to 2 times the Original Debt. So although MSJC will have roughly $300 $Million to Spend, the Money WE are Obligated to Repay could reach nearly $600 $Million + which Bottom Line remains Unknown because MSJC Neglects to Disclose specifics of this `Minor' detail. Bond issuers and Wall Street types are Salivating over Stuffing their pockets full of Your Cash. Measure "AA" also means OUR Homes become Collateral for Repayment of these Bonds. Bond Holders gain a legal Right to Foreclose and Auction off OUR Homes to Secure Debt Payments in event of Default. So if You become short on Funds and choose "Extravagances" such as food, clothing, health care, rent, car payments or gasoline over Repaying MSJC's Bond, You will risk Foreclosure and having Your Home Sold off at a Public Auction to Repay Bonded Indebtedness. Measure "AA" is swirling in Controversy even before ink dries on the ballots. The MSJC Board of Trustees could Not even reach a consensus on their Decision to load You Down with more Debt. The vote was 4-1, with Trustee Eugene Kadow voting NO on Bonds. MSJC is among the Lowest performing Junior Colleges Statewide. They manage resources Poorly and have left $Millions in State Funding on the table by Failing to increase Class Sections. Now they want You to Backfill their Underperformance with Bonds + Adding ways for You to Lose your $Money and Possibly even Your Home. Enough is enough. StopTheMoneyGrab.com Please join US in voting NO on Measure "AA". By: StopTheMoneyGrab.com Steven Beutz, Voter and Taxpayer Martha L. Bridges, Community Advocate Sheryl Ade, Former Wildomar City Councilmember Gerard St. Marie Rebuttal to Arguments Against Don't believe all the political rhetoric you hear. Yes on "AA" helps our students, veterans, and college in a fiscally responsible manner! The fact is, in the last four years, the state has cut millions of dollars from Mt. San Jacinto College. This is why the community is united behind Yes on "AA". Business leaders, veterans, city leaders, residents, taxpayers, teachers, students, and homeowners all support Measure "AA". FACT: Measure "AA" is fiscally sound and has strict Fiscal Accountability requirements including an expanded Citizens Oversight Committee and annual financial audits ensuring money is spent as promised. NO money will go towards salaries or pensions. FACT: Yes on "AA" expands essential job training and workforce preparation skills in nursing, science, technology, engineering and math to meet the needs of our local, regional employers. A skilled workforce helps attract more high paying jobs and businesses to our region! FACT: Mt. San Jacinto College is recognized as one of only three California community colleges as a top serving military friendly college. Yes on "AA" helps provide job training and education for our returning military veterans. Mt. San Jacinto College is recognized as one of the top community colleges in the country. The college is a national leader in helping returning veterans reintegrate with their education and careers. Join us in voting Yes on "AA" to upgrade and expand services and job training to veterans and others. Our economic vitality, our kids' futures, and the quality of life in our region depend on you voting Yes on "AA". For the facts, visit: http://www.msjc.edu. By: Joan Sparkman, Southwest Healthcare Governing Board Gisela Gosch, Former Hemet Unified School District Board Member Dan Stephenson, Founder and Chairman Rancon Realty Scott Mann, Mayor, City of Menifee, Riverside County Workforce Investment Board Member, Chair, United States Service Academy Selection Committee 42nd Congressional District Andy Anderson, Executive Director, Hemet San Jacinto Valley Chamber of Commerce

Tax Rate Statement from College Superintendent/President

An election will be held in the Mt. San Jacinto Community District (the "District") on November 4, 2014, to authorize the sale of up to $295,000,000 in bonds of the District to finance facilities as described in the proposition. If the bonds are approved, the District expects to issue the Bonds in multiple series over time. 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 through 9404 of the California Elections Code. 1 . The best estimate of the tax which would be required to be levied 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 $0.01320 per $100 ($13.20 per $100,000) of assessed valuation in fiscal year 2015-16. 2. The best estimate of the tax rate which would be required to be levied 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 $0.01320 per $100 ($13.20 per $100,000) of assessed valuation in fiscal year 2024-25. 3. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue, based on estimated assessed valuations available at the time of filing of this statement, is $0.01320 per $100 ($13.20 per $100,000) of assessed valuation, which is projected to be the same in every fiscal year that the bonds remain outstanding. Voters should note that 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, which could be more or less than the assessed value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective tax rate than described above. Certain taxpayers may also be eligible to postpone payment of taxes. Property owners should consult their own property tax bills and tax advisors 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 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. By: Roger W. Schultz, Ph.D. Superintendent/President