League of Women Voters of California Education Fund
	San Diego County, CA November 4, 2014 Election
	Proposition N School Bonds National Elementary School District 55% Approval Required Pass: 4620 / 78.58% Yes votes ...... 1259 / 21.42% No votes See Also: Index of all Propositions

Arguments For Proposition N	Arguments Against Proposition N
Your YES vote on Measure N will make a positive and lasting impact on the schools of our community, improve student health and safety, increase student access to computers with high speed internet technology and protect taxpayers. Here's how: Our community's schools are our most important asset. They prepare our children for high school and beyond in order to compete and succeed for the jobs of tomorrow. At the same time, good schools provide for greater neighborhood safety and improved property values. But many of our classrooms are over 50 years old and in desperate need of repair. These schools and educational facilities require major upgrades and improvements to meet today's technological, safety and educational standards and also to avoid more expensive repairs in the future. Your support on Measure N will improve our school and classrooms by: Installing, upgrading and replacing outdated heating, ventilation, and air-conditioning in every classroom throughout the District. Repairing and rebuilding aging classrooms and school facilities to meet health and safety requirements. Improving student access to classroom computers with high-speed Internet and up-to-date technology at every school throughout the District. Meeting handicap accessibility requirements in restrooms and classrooms. Renovating and expanding libraries. Repairing and replacing roofs. By law, Measure N guarantees taxpayer protections: No funds will be spent on administrator or other employees' salaries, benefits or pensions. All expenditures must be reviewed by an independent Citizens' Oversight Committee. Annual financial audits by an independent accounting firm are required. All funds must be spent on our local school facilities and CANNOT BE TAKEN BY THE STATE OR SPENT ELSEWHERE. Measure N will bring meaningful, cost-effective improvements to our schools for generations to come. It deserves your support. Please join us and VOTE YES on Measure N. ANNE CAMPBELL Retired City Librarian JESS VAN DEVENTER Former City Council Member/ Former Port Commissioner ROBERT (DUKIE) VALDERRAMA Port Commissioner ALBERT ALVARADO Community Member JAMES GRIER Former NSD Board Member/ Retired Teacher	No arguments against Proposition N were submitted.

Tax Rate Statement from Superintendent

An election will be held in the National School District (the "District") on November 4, 2014, to authorize the sale of up to $26,100,000 in bonds of the District to continue improving the quality of education in local schools of the District. Specifically, bond proceeds shall be utilized for the purposes of acquisition, construction, renovation, furnishing, and equipping of school facilities, support facilities, and equipment. If the bonds are authorized and sold, debt service thereon 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. It is anticipated that the District will sell the bonds in three separate series. 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 $0.03000 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2015 - 2016. 2. 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 last series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.03000 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2019 - 2020. 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 $0.03000 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2015 - 2016. 4. The best estimate of the average tax rate which would be required to be levied to fund this bond issue during the life of the bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.02770 per $100 ($27.70 per $100,000) of assessed valuation. 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, 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 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: July 29, 2014 Dr. Chris Oram, Superintendent National School District