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Issue bonds to improve and modernize schools
San Leandro Unified School District
55% Approval Required
Pass: 10638 / 63.08% Yes votes ...... 6226 / 36.92% No votes
Index of all Measures
|Results as of Jan 6 2:56pm, 100.00% of Precincts Reporting (45/45)|
|Information shown below: Impartial Analysis | Arguments | Tax Rate Statement ||
To continue to improve and modernize its schools, renovate athletic facilities including Burrell Field, replace the pools at San Leandro High School, enhance energy efficiency and promote safe, healthy schools for all students, shall the San Leandro Unified School District be authorized to replace, renovate, acquire and construct school facilities, and issue $50,100,000 in bonds at legal interest rates with no funds for administrator salaries, conduct annual independent audits, and appoint an Independent Oversight Committee to monitor bond expenditures?
Pursuant to Section 18 of Article XVI and Section 1 of Article XIIIA of the California Constitution and California Education Code Section 15266, this measure will become effective upon the affirmative vote of at least 55% of the qualified electors voting on this measure.
California Education Code Section 15100 limits the use of the proceeds from the bonds sale to construction, reconstruction, rehabilitation or replacement of school facilities, and the acquisition of real property for school facilities. In addition, proceeds may only be used for the projects listed in the measure itself. Measure M provides that its proceeds will fund projects outlined in the measure reproduced in the sample ballot that include, among others: renovating the Pacific Sports Complex; replacing pools and pool facilities at San Leandro High School; and repairing athletic fields. Proceeds may not be used for any other purpose, such as operating expenses or teacher and administrator salaries.
If 55% of those who vote on the measure vote "yes", the District will be authorized to issue bonds in an aggregate principal amount not to exceed $50,100,000.00. Approval of this measure will authorize Alameda County to levy an ad valorem tax on the assessed value of real property within the District by an amount needed to pay the principal and interest on these bonds in each year that the bonds are outstanding.
The Tax Rate Statement for Measure M in this Voter Pamphlet reflects the District's best estimates, based upon currently available data and projections, of the property tax rates required to service the bonds. The best estimates of the tax rate to fund the bonds are: (a) $25.00 per $100,000.00 of assessed valuation for the first fiscal year after the sale of the first series; and (b) $25.00 per $100,000.00 of assessed valuation for the first fiscal year after the sale of the last series. The best estimate of the highest tax rate and average annual tax rate required to fund the bonds is also $25.00 per $100,000.00 of assessed valuation.
An independent citizens' oversight committee will monitor bond expenditures.
If 55% of those voting on this measure do not vote for approval, the measure will fail and the District will not be authorized to issue the bonds.
s/RICHARD E. WINNIE County Counsel
The above statement is an impartial analysis of Measure M, which is printed in full in this sample ballot pamphlet. If you desire an additional copy of the measure, please call the Elections Official's office at (510) 272-6933 and a copy will be mailed at no cost to you.
|Arguments For Measure M||Arguments Against Measure M|
|A Yes Vote on Measure M will provide critical funds to
renovate physical education facilities in the San Leandro
Unified School District. Aging facilities that were built inthe 1950s no longer serve the needs of our students and
community. Burrell Field and the high school swimming
pool have serious safety issues and rapidly diminishing
usefulness. In addition, other school facilities and fields
throughout the District need to be improved to support
physical education.We have reached the point where these
facilities must be repaired or replaced.
Our students deserve safe, adequate facilities that encourage and enable students to participate in physical fitness activities. Research shows that regular exercise improves academic performance and success in school. Measure M is a $50.1 million school bond which will provide funds to:
The school district has done an outstanding job with local bond funds. However, renovating the fields and pool has been put off in past bonds. These needs can no longer wait.
A YES VOTE for Measure M is an investment in our students and community.
A YES VOTE for Measure M will allow our schools to provide a quality educational environment that encourages healthy lifestyle choices.
A YES VOTE for Measure M will benefit every child and, ultimately, all of San Leandro.
Please Vote Yes on Measure M.
s/Robert JP Maginnis
San Leandro Police Chief, Retired
That's $34,000,000.00 or 68% of the total costs to be spent on high-end luxury sports facilities that will be used by a small handful of people in San Leandro.
Only $15,030,000.00 (30%) will go to the various school campuses for new doors and windows for the buildings. This Bond will cost the average homeowner over $100.00 per year for twenty-five years. Do you want to spend $34,000,000.00 for new football and swimming stadiums when our community has much greater needs in these very difficult economic times?
We urge you to send a clear message+
SAY NO TO DECEPTIVE BALLOT STATEMENTS.
SAY NO TO EXPENSIVE LUXURY SPORTS COMPLEXES
IN DIFFICULT ECONOMIC TIMES.VOTE NO ON MEASURE M.
California Apartment Association Political Action Committee
By: Thomas R. Silva Trustee
|We all recognize that we are in very difficult economic
times. Everyone has been negatively affected by the great
recession.We also understand that we must be very careful
with the limited financial resources in our community.
Long-term fiscal responsibility is the foundation from
which all essential governmental services flow. Why is the
San Leandro Unified School District hiding the true
expenditures of this Bond Measure? Please read the Bond
language carefully. This Bond measure sends only .30
cents of every dollar borrowed to our classrooms. By reading the find print, you'll see Measure M provides over
$34,000,000.00 for a 2,500 seat football stadium, two new
swimming pools and shade and solar power structures for
both at a cost to the average homeowner of over $3,000.00
during the 25 year pay-back period.
It only provides $15,000,000.00 to replace windows and entry doors for our schools. Not one cent goes to operating and maintenance costs of these new sports facilities. That money must come out of students and teachers pockets in the form of increased class sizes, lowered salaries, reduced supplies and a more difficult learning environment. Do we really need a $34,000,000.00 football stadium and swim complex in these difficult times?
Do you really want to increase your property taxes over $100.00 per year for 25 years to pay for a new luxury football stadium and competition swimming complex?
Please send a strong message-
SAY NO TO EXPENSIVE LUXURY SPORTS COMPLEXES IN DIFFICULT TIMES.
SAY NO TO REDUCED CLASSROOM RESOURCES.
SAY NO TO DECEPTIVE BOND MEASURES. VOTE NO ON MEASURE M.
California Apartment Association Political Action Committee By: Thomas R. Silva Trustee
The need to improve our athletic facilities is evident and urgent. Measure M is not a luxury. Measure M simply provides safe, modern facilities for our children. Burrell Field is decrepit and outdated. The San Leandro High School pool faces closure in 2012. Maintaining these 50- year-old facilities is expensive and inefficient.
The opponent's argument is wildly misleading!
Measure M will cost $25 per $100,000 based on the assessed valuation that appears on your property tax bill. The average homeowner will pay about $75 per year. Most seniors will pay less.
The facts are clear. The District has spent months identifying the most urgent needs and developing a specific list of projects at each school site. These projects include renovating and replacing deteriorating athletic facilities, fields and playgrounds at all our schools.
All of the funds will be protected by a citizens oversight committee of San Leandro residents who care about our schools and community. Join us and together we can improve our schools and make San Leandro a better place to live.
VOTE TO IMPROVE OUR SCHOOLS!
VOTE FOR SAN LEANDRO!
VOTE YES ON MEASURE M--an investment in our children's future!
Co-Chair Citizens for San Leandro Schools
|Tax Rate Statement from Superintendent of San Leandro Unified School District|
|An election will be held in the San Leandro Unified School District (the "District") on November 2, 2010, on the question of whether to authorize up to $50,100,000 in bonds to be issued by the District to finance school facilities as described in the ballot measure. If the bonds are approved, the District expects to sell the bonds in two or more series over time. Principal and interest on the bonds will be paid from taxes levies on the taxable property in the District. The information contained in numbered paragraphs 1+3 below is provided in compliance with Sections 9400-9404 of the Elections Code of the State of California. This information is based on the best estimates and projections presently available from official sources, experience within the District and other demonstrable factors.
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 2.5¢ per $100 ($25.00 per $100,000) of assessed valuation in fiscal year 2011-12.
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 2.5¢ per $100 ($25.00 per $100,000) of assessed valuation in fiscal year 2013-14.
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 2.5¢ per $100 ($25.00 per $100,000) of assessed valuation in fiscal year 2013-14.
4. The best estimate of the average annual tax rate which would be required to be levied to fund this bond issue through the entire repayment period, based on estimated assessed valuations available at the time of filing of this statement, is 2.5¢ per $100 ($25.00 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 is 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 its 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: 8/2, 2010.