Use Ctrl-- (ctrl minus sign) to reduce text size, or Crtl-+ (ctrl plus sign) to increase.
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate
Are you sure you want vote to support this extravagant measure? It has no accountability.
This campaign was designed by a member of the school bonds cartel. We figured out just the right words to get you to you to open up your checkbook.
We'd also like to introduce you to our partners -- bond lawyers, brokers, wealthy investors, architects, management firms, construction companies, and trade unions. We all stand to make a ton of money on these bonds. Our profits come right off the top, before a penny is actually spent on improving the facilities.
We're not just doing it for the money. We like to show off our work in Architectural Digest and other places where the rich and famous congregate.
Remember, we've taken a lot of risk. We gave money to get your governing board members elected, so they'd be sure to remember us when we came around for a hand-out later.
It's just business-as-usual, here in sunny Corruptifornia.
Please don't read the fine print. That's just put in by the lawyers to make what we're going to do to for you legal.
When you see highlighting in the documents below, it to see the commentary.
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate
SAN JUAN UNIFIED SCHOOL DISTRICT
MEASURE P
P "San Juan Unified School District Classroom Repair/Student Safety Measure. To repair/upgrade all schools by: repairing aging/deteriorating classrooms/bathrooms//plumbing/ drinking fountains/water pipes/electrical wiring; upgrading classroom technology, math/science/computer labs, vocational education classrooms, and outdated fire safety/security systems; removing asbestos/ lead paint; and, repairing, constructing, and acquiring educational facilities/equipment, shall San Juan Unified School District issue $750,000,000 in bonds at legal rates, requiring annual independent financial audits, citizens oversight, and keeping all funds local?"
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate
IMPARTIAL ANALYSIS OF MEASURE P
(San Juan Unified School District – School Bond Measure)
Prepared by County Counsel
Measure P, if approved by the voters, would allow the San Juan Unified School District ("District") to incur bonded indebtedness up to a maximum amount of $750,000,000. The proceeds from the issuance and sale of such general obligation bonds could only be used for the construction, reconstruction, rehabilitation or replacement of school facilities, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities.
No funds derived from bond sales may be used for general school operating expenses, including administrator and teacher salaries, or for any purpose or project other than those expressly stated in the measure. Measure P lists the school facility improvement projects within the District intended to be financed by bond sales.
To assure that funds are spent only as specified in the measure, Measure P requires: 1) the appointment of a citizen's oversight committee and 2) completion of annual independent performance and financial audits.
If Measure P is passed, the actual dates of sale and the amount of bonds sold would be governed by the District based on the need for construction funds and other factors. If Measure P is approved, the tax rates necessary for payment of principal and interest on any bonds sold will be largely dictated by the timing of the bond sales, the amount sold at a given sale, market interest rates at the time of each sale (although in no event greater than the maximum bond interest rate allowed by law), as well as actual assessed valuation of taxable property in the District over the term of repayment.
Passage of Measure P requires approval by fifty-five percent of the voters voting thereon.
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate
ARGUMENT IN FAVOR OF MEASURE P
What do our local schools and the first televisions have in common? They were both created in the 1950s.
Many of our local schools are over 60 years old and need significant repairs and upgrades! say there is over $2.4 billion in health and safety needs.
Yes on P repairs deteriorating classrooms, leaky roofs, water pipes, plumbing, bathrooms, and electrical wiring.
Yes on P removes asbestos and lead paint.
Yes on P replaces outdated security and fire safety systems so children can learn in safe and healthy classrooms.
School safety and security are also a concern. Many of our local schools have outdated, unreliable security features.
Yes on P installs security fencing, cameras, lighting, and other security upgrades to ensure safe and secure learning environments.
Many of our local schools currently lack the technology needed to prepare students for 21st Century jobs and careers.
Yes on P upgrades classrooms, science labs and computer labs and improves electrical systems and wiring for computers and internet access - ensuring all students have access to 21st Century learning.
Yes on P includes Tough Accountability and Taxpayer Safeguards including an and annual independent audits to ensure all funds are spent as promised to the community. Measure P requires all funds go to improving our schools. No Money can be spent on administrators' salaries or pensions.
It's Simple. Children Deserve Safe And Healthy Schools!
Join Arden-Arcade, Carmichael, Citrus Heights, Fair Oaks, Orangevale, and Gold River community leaders, realtors, business owners, and school board, in voting Yes on P for safe, healthy local schools!
s/Shannan Brown
President, San Juan Teachers Association, 2011 California Teacher of the Year
s/
Chair, San Juan USD Citizens' Oversight Committee
s/Richard Cowan
Class of 1964, San Juan Alumni Association President
s/Felicia Wimberly
Former President (PTA) Parent Teachers Association, Northridge Elementary School
s/Mark McKibbin
Class of 2016, Valedictorian Casa Roble High School
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate
NO REBUTTAL TO ARGUMENT IN FAVOR OF MEASURE P WAS FILED
NO ARGUMENT AGAINST MEASURE P WAS FILED
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate
FULL TEXT OF MEASURE P
FULL TEXT BALLOT PROPOSITION
OF THE SAN JUAN UNIFIED SCHOOL DISTRICT
ELECTION NOVEMBER 8, 2016
This Proposition may be known and referred to as the "San Juan Unified School District Classroom Repair / Student Safety Measure" or as "Measure P".
FINDINGS
The San Juan Unified School District 2014 Master Plan shows the district has more than $2.4 billion in facility needs, including the need to rehabilitate many schools that are now over 60 years old and in need of significant improvements.
Upgrade needs include fixing deteriorating classrooms, leaky roofs, water pipes, plumbing, bathrooms, and electrical wiring; removing asbestos and lead paint; and replacing outdated fire safety systems.
21st Century Learning needs include technological upgrades to classrooms, science labs and computer labs to meet modern educational standards.
County of Sacramento www.elections.saccounty.net
Ballot Type 001 Page 2
School Safety & Security needs include installing security fencing, cameras, lighting, and other essential security systems.
Funds from the measure are subject to strict accountability, including independent annual financial audits, citizens' oversight, and a prohibition against using bond funds for administrators' salaries or pensions. All funds will be spent locally to improve neighborhood schools, and cannot be taken by state politicians.
BOND AUTHORIZATION
By approval of this proposition by at least 55% of the registered voters voting on the proposition, the San Juan Unified School District (the "District") shall be authorized to issue and sell bonds of up to $750,000,000 in aggregate principal amount to provide financing for the specific school facilities projects listed in the Bond Project List, and in order to qualify to receive State matching grant funds, subject to all of the accountability safeguards specified below.
ACCOUNTABILITY SAFEGUARDS
The provisions in this section are specifically included in this proposition in order that the District's voters and taxpayers may be assured that their money will be spent wisely to address specific facilities needs of the District, all in compliance with the requirements of Article XIII A, 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 Board of Education hereby certifies that it has evaluated the facilities needs of the District, and the priority of addressing each of these needs. In the course of its evaluation, the Board of Education took safety, class size reduction and information technology needs into consideration while developing the Bond Project List.
Independent Citizens' Oversight Committee. The Board of Education shall establish an independent Citizens' Oversight Committee (pursuant to Education Code Section 15278 and following), to ensure bond proceeds are spent only for the school facilities projects listed in the Bond Project List. The committee shall be established within 60 days of the date on which the Board of Education enters the election results on its minutes.
Annual Performance Audits. The Board of Education shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school facilities projects listed in the Bond Project List.
Annual Financial Audits. The Board of Education shall conduct an annual, independent financial audit of the bond proceeds (which shall be separate from the District's regular annual financial audit) until all of those proceeds have been spent for the school facilities projects listed in the Bond Project List.
Special Bond Proceeds Account; Annual Report to Board. Upon approval of this proposition and the sale of any bonds approved, the Board of Education shall take actions necessary pursuant to Government Code Section 53410 and following to establish an account in which proceeds of the sale of bonds will be deposited. As long as any proceeds of the bonds remain unexpended, the Superintendent or the Chief Business Officer of the District (or such other employee as may perform substantially similar duties) shall cause a report to be filed with the Board no later than April 1 of each year, commencing April 1, 2018, stating (1) the amount of bond proceeds received and expended in that year, and (2) the status of any project funded or to be funded from bond proceeds. The report may relate to the calendar year, fiscal year, or other appropriate annual period as such officer shall determine, and may be incorporated into the annual budget, audit, or other appropriate routine report to the Board.
FURTHER SPECIFICATIONS
Specific Purposes. All of the purposes enumerated in this proposition shall be united and voted upon as one single proposition, pursuant to Education Code Section 15100, and shall constitute the specific purposes of the bonds, and proceeds of the bonds shall be spent only for such purposes, pursuant to Government Code Section 53410.
Joint Use. The District may enter into agreements with the County of Sacramento or other public agencies or nonprofit organizations for joint use of school facilities financed with the proceeds of the bonds in accordance with Education Code Section 17077.42 (or any successor provision). The District may seek State grant funds for eligible joint-use projects as permitted by law, and this proposition hereby specifies and acknowledges that bond funds will or may be used to fund all or a portion of the local share for any eligible joint-use projects identified in the Bond Project List or as otherwise permitted by California State regulations, as the Board of Education shall determine.
Rate of Interest. The bonds shall bear interest at a rate per annum not exceeding the statutory maximum, payable at the time or times permitted by law.
Term of Bonds. The number of years the whole or any part of the bonds are to run shall not exceed the legal limit, though this shall not preclude bonds from being sold which mature prior to the legal limit.
County of Sacramento www.elections.saccounty.net
Ballot Type 001 Page 3
PROJECT LIST
The Bond Project List below describes the projects the San Juan Unified School District proposes to finance with proceeds of voter approved bonds. Listed projects will be completed as needed at a particular District site according to District established priorities, and the order in which such projects appear on the Bond Project List is not an indication of priority for funding or completion. The final cost of each project will be determined as plans are finalized, construction bids/proposals are awarded, and projects are completed. Certain construction funds expected from non-bond sources, including State grant funds for eligible projects, have not yet been secured. Until all project costs and funding sources are known, the District cannot determine the amount of bond proceeds available to be spent on each project, nor guarantee that the bonds will provide sufficient funds to allow completion of all listed projects. Completion of some projects may be subject to further government approvals by State officials and boards, to environmental review, and to input from the public. For these reasons, inclusion of a project on the Bond Project List is not a guarantee that the project will be funded or completed. The Bond Project List contains more projects than the District currently estimates the Bonds can fund to provide flexibility should additional efficiencies be realized or should District priorities change. The Board may undertake repairs, improvements, acquisitions, demolitions, relocations, new construction, and/or furnishing or equipping of school facilities, to complete each or any of the projects listed below as may be determined desirable by the District at the time the project is undertaken. All authorized repairs are capital expenditures. The Board of Education may make changes to the Bond Project List in the future consistent with the projects specified in the proposition. Section headings are not part of the project list and are provided for convenience only.
The following projects, in addition to the projects contemplated by the District's 2014 facility master plan, which are hereby incorporated herein by reference, are authorized at all current and future district owned properties and facilities, including, but not limited to:
(age of school noted in parentheses)
County of Sacramento www.elections.saccounty.net
Ballot Type 001 Page 4
SCHOOL REPAIR, HEALTH, AND SAFETY PROJECTS
SCHOOL, CLASSROOM AND SUPPORT FACILITY UPGRADE PROJECTS
21st CENTURY CLASSROOM TECHNOLOGY, ENERGY EFFICIENCY, AND VOCATIONAL EDUCATION PROJECTS
County of Sacramento www.elections.saccounty.net
Ballot Type 001 Page 5
INCIDENTAL WORK AUTHORIZED AT ALL SITES
Each project listed above includes allocable costs such as election and bond issuance costs, architectural, engineering, inspection and similar planning costs; construction management (whether by the District or a third-party), annual financial and performance audits, a contingency for unforeseen design and construction cost escalation and other costs necessary, incidental or related to the completion of the listed projects and otherwise permitted by law, including but not limited to:
The Bond Project List shall be considered a part of this ballot proposition, and shall be reproduced in any official document required to contain the full statement of the bond proposition. A copy of the District's 2014 Facility Master Plan may be obtained from the Senior Director of Facilities, Maintenance & Transportation of the District.
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate
TAX RATE STATEMENT
An election will be held in the San Juan Unified School District (the "District") on November 8, 2016, to authorize the sale of up to $750,000,000 in bonds of the District to finance school facilities as described in the proposition. If the bonds are approved, the District expects to issue the Bonds in six series over time. Principal and interest on the bonds will be payable from the proceeds of taxes levied 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 6 cents per $100 ($60 per $100,000) of assessed valuation in fiscal year 2017-2018.
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 6 cents per $100 ($60 per $100,000) of assessed valuation in fiscal year 2030- 2031.
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 6 cents per $100 ($60 per $100,000) of assessed valuation beginning in fiscal year 2017-2018.
4. The best estimate of the total debt service, including the principal and interest, that would be required to be repaid if all of the bonds are issued and sold is $1,230,000,000.
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. The estimated rates presented above apply only to the taxes levied to pay bonds authorized by this measure. Additional taxes will be levied to pay bonds issued pursuant to previous, concurrent, and future authorizations.
County of Sacramento www.elections.saccounty.net
Ballot Type 001 Page 6
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, and the actual total debt service, 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, including the legal limitations on bonds approved by a 55% affirmative 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: 8/9, 2016.
s/Kent Kern
Superintendent of Schools
San Juan Unified School District
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate
Copyright © 2015-2024, Richard Michael. All Rights Reserved.