League of Women Voters of California Education Fund
	San Diego County, CA November 4, 2014 Election
	Proposition C School Bonds Cajon Valley Union School District 55% Approval Required Fail: 13382 / 49.08% Yes votes ...... 13884 / 50.92% No votes See Also: Index of all Propositions

Arguments For Proposition C	Arguments Against Proposition C
Measure C will allow the students of Cajon Valley's public schools to keep pace with rapidly changing educational technology while saving taxpayers hundreds of thousands of dollars in reduced borrowing costs. In today's global economy, it is critical that our children learn how to use and master modern technology. However, statewide funding for classroom technology has simply failed to meet the educational needs of our children. Measure C solves this shortfall by providing a locally controlled source of technology funding, allowing our students to compete in today's marketplace and become the innovators of the economy of tomorrow. In addition, Measure C makes financial sense. By using short-term, low-interest bonds, funds that would have been used to make interest payments will now be available for local school technology projects. Measure C improves school technology by: Increasing student access to computers Upgrading educational software Complying with statewide technology requirements for testing and learning Keeping pace with 21st century innovations Measure C protects taxpayers by: Funding technology with short-term bonds so taxpayers won't be making payments for equipment that's obsolete and no longer in use Creating an independent Citizens' Oversight Committee to review and annually audit all expenditures Guaranteeing that funds are spent locally and not taken by the State and spent elsewhere The schools of Cajon Valley are our most treasured asset, producing high achieving students and increasing property values. With Measure C, we will have the resources available to ensure our children are trained and capable technology users ready to compete and succeed in the economy of tomorrow. VOTE YES ON MEASURE C. GREGORY A. STEIN Chairman of the Board San Diego County Taxpayers Association LINDA WEBB CVUSD PTA Council President NOORI BARKA President, Calbiotech, Inc. LORI COPELAND V. President/Skyline Sunrooms STEVEN DEVAN President/CEO Grossmont Schools FCU Federal Credit Union Rebuttal to Arguments For Pull out your last property tax bill. If Measure C passes, it could easily mean another $20 for every $100,000 of assessed value. Their own "best estimates" say it could be as high as $18.63 per $100,000. Cajon Valley residents pay A LOT for bonds. Cajon Valley School bonds are already at $86.34 per $100, 00. Here are the other bonds on your tax bill (per $100k assessed value): Grossmont High School District (GUHSD) Prop H & U together ―$61.67 Grossmont Community College District (GCCCD) Prop R& V―$47.52; Grossmont Healthcare―$20.05. Multiply these all by five if you have a home assessed at $500k. You are already paying over $1,000 a year for these bonds. Where has the money gone? Cajon Valley taxpayers are currently on the hook for Cajon Valley School District bond debt to the tune of over $127 MILLION, according to page A-13 of CVUSD's May 2014 bond offering statement. Using bond proceeds to pay for technology items that have a useful life of only a few years is bad policy. Bonds should be used for buildings and facilities with long lifespans―not short term purchases of laptops, projectors and other technology items proposed by CVUSD! Don't be deceived. California Taxpayers Action Network urges you to Vote "No" on Measure C. CALIFORNIA TAXPAYERS ACTION NETWORK (CALTAN) BARBARA STEVENS Director CORY BRIGGS Chief Executive Officer	MEASURE C IS A BLANK CHECK TO CONTINUE WASTEFUL SPENDING Cajon Valley Unified School District (CVUSD) wasted prior bond funds awarding tens of millions in construction contracts without competitive bidding. Now they are asking for more. Who care...the taxpayers are paying for it!!! The Voice of San Diego's February 19, 2013 article, "School Bonds, Big Donor Often Win Big Contracts" reported "West Coast Air Conditioning, donated $10,000 to [CVUSD]'s Proposition D campaign in 2007. [The owner's] family trust donated another $20,000 on the same day. West Coast Air was subsequently awarded a lease-leaseback to build the Cajon Valley Middle School, the largest project built with Proposition D dollars." Campaign finance disclosures and recent news articles show bond underwriters, consultants, architects, contractors and lawyers who receive bond proceeds are the biggest contributors and promoters of school bonds and are using well-meaning school officials as their profit making puppets. Like pigs at an empty trough they want more! BARBARA STEVENS Director, CA Taxpayer Action Network Rebuttal to Arguments Against Although we serve as members of Cajon Valley Union School District's Board of Education, we are signing this statement as individuals because it is important that every voter know we are in full, unified support of Measure C. Like most of our friends and neighbors, we believe the future of our country lies in the education of our children, especially their ability to use modern technology. But as we ask our students to push themselves towards higher and higher academic achievements, there are some who want to give our schools less and less in order to achieve their own political agendas. Here are the facts: Measure C Is Fiscally Conservative. Measure C is the result of numerous meetings with business leaders, neighborhood groups, and political organizations who worked together to develop a prudent, conservative funding plan. Measure C Funds Technology and Protects Taxpayers. All technology purchases will be repaid within three to five years, saving huge amounts of interest and making sure taxpayers are not saddled with payments years into the future. Our Support Is Based On the Facts + Not Political Agendas. Don't be misled by dishonest and offensive misinformation. The District's bidding selection process has been thoroughly reviewed and both an independent Citizens Oversight Committee and an outside auditor have analyzed and approved all prior bond expenditures. If we want our students to excel, they must have access to modern technology in order to learn and succeed. Measure C accomplishes this goal and protects taxpayers. Vote YES on Measure C! TAMARA L. OTERO Parent/Board Trustee JILL D. BARTO Gov. BoardMember/Parent SUZANNE MULLINS Retired Teacher/CVUSD Board member DEANNE MARKLE Parent/Board Trustee JUSTIN A. SLAGLE Board Member/Parent/Teacher

Tax Rate Statement

An election will be held in Cajon Valley Union School District (the "District") on November 4, 2014 to authorize the sale of $20,000,000 in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code. 1. The best estimate of the tax rate that would be required 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 $.00998 per $100 ($9.98 per $100,000) of assessed valuation in fiscal year 2015-16. 2. The best estimate of the tax rate that would be required 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 $.01883 per $100 ($18.83 per $100,000) of assessed valuation in fiscal year 2021-22. 3. The best estimate of the highest tax rate that would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, is $.01883 per $100 ($18.83 per $100,000) of assessed valuation. 4. The best estimate of the average tax rate required to fund this bond issue, based on a projection of assessed valuations available at the time of filing of this statement, is $.01548 per $100 ($15.48 per $100,000) of assessed valuation. These estimates are based on 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 bond sales, the amount of bonds sold at each sale and actual increases in assessed valuations. The timing of the bond sales and the amount of bonds sold at any given time will be determined by the needs of the District. Actual assessed valuations will depend upon the amount and value of taxable property within the District as determined in the assessment and the equalization process. Dated: May 5, 2014 Scott Buxbaum, Assistant Superintendent, Business Services Cajon Valley Union School District

Full Text of Proposition C

BOND AUTHORIZATION By approval of this measure by at least 55 percent of the registered voters voting on the measure, the District will be authorized to issue and sell bonds of up to $20,000,000 in aggregated principal at interest rates not in excess of the legal limit and to provide financing for the specific school facility technology projects listed in the Bond Project List described below, subject to all the accountability requirements specified below. FINANCING PLAN The District intends to use the Bonds to provide for an ongoing source of funding for the evolving educational technology needs of its students and staff. In addition, the District intends to match as closely as possible the term of each series of Bonds to the useful life of the technology equipment being financed. As such, the District anticipates that the amortization (or repayment period) of each series of Bonds will be approximately three years and will in no case be in excess of five years. Based on current assumptions, the District estimates that the proposed Bond will provide for its technological funding needs for approximately 8 years into the future. All Bonds will be sold as current interest bonds and the use of capital appreciation bonds will not be permitted. ACCOUNTABILITY REQUIREMENTS The provisions in this section are specifically included in this measure so that voters and taxpayers in the District may be assured that their money will be spent wisely. Expenditures to address specific technology equipment needs of the District will be in compliance with the requirements of Article XIIIA, Section 1(b)(3), of the State Constitution and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Education Code Sections 15264 and following). Evaluation of Needs. The School Board has identified detailed technology equipment needs of the District and has determined which projects to finance from a local bond at this time. The School Board hereby certifies that it has evaluated safety, class size reduction, enrollment growth, and information technology needs in developing the Bond Project List shown below. Independent Citizens' Oversight Committee. The School Board has an established Independent Citizens' Oversight Committee under Education Code Section 15278 and will meet frequently enough to ensure that bond proceeds are expended only on the bond projects listed below. Performance Audits. The School Board shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school technology equipment projects listed below. After the initial bond sale and prior to the second bond sale, the established technology committee composed of representatives from the Board of Trustees and other key stakeholders will review the technology program implementation and recommend potential revisions. Financial Audits. The School Board shall conduct an annual, independent financial audit of the bond proceeds until all of those proceeds have been spent for the school technology equipment projects listed below. FURTHER SPECIFICATIONS No Teacher/Administrator Salaries. Bond proceeds may not be expended for school operating expenses, including administrator and teacher salaries, which are not attributable to technology projects. BOND PROJECT LIST Scope of Projects. Bond proceeds will be expended to modernize, replace, renovate, acquire, install, equip, furnish, and otherwise improve educational technology equipment projects and supporting systems and software within the District. Projects which are described below include all related and incidental costs, including their share of the costs of the election and bond issuance and costs of design, engineering, architect and other professional services, inspections, site preparation, utilities, and other planning, legal, accounting and similar costs, independent annual financial and performance audits, a customary contingency, and other costs incidental to and necessary for completion of the listed projects. Bond proceeds may also be expended to acquire equipment in any classroom or other educational facility within the District. Whenever specific items are included in the following list, they are presented to provide examples and are not intended to limit the generality of the broader description of authorized projects. The order in which particular projects are listed is not intended to indicate priority for funding or completion. Specific educational technology projects shall include but not be limited to: Devices and Technology Systems Computers and peripheral hardware Laptops, eReaders, eTablets, Chromebooks, Netbooks, iPads and mobile computing devices Projectors/Projection TV monitors Data backup systems Mobile computing device charging carts/cabinets Wireless access devices and systems Software Computer adaptive software/learning management systems Application (Apps)/management software for mobile devices Infrastructure Computer and technology wiring, servers, routers, switches, storage area network (SAN) and other information devices Implementation Installation and upgrading of various technology systems Training and related expenses resulting from the implementation of technology projects and internet access Projects Subject to Available Funding. The forgoing list of projects is subject to the availability of adequate funding to the District. Approval of the bond measure does not guarantee that the proposed projects in the District that are the subject of bonds under the measure will be funded beyond the local revenues generated by the bond measure. The District's proposal for the projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.