Vote Yes on Contra Costa County Measure U - 2016 general Election
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  Commentary    Question    Analysis    Argument in Favor    Argument Against    Tax Rate  

Commentary on Measure U

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    Tax Rate  

Measure U Question

Measure U
Liberty Union High School District
Measure Wording

To provide educational facilities and equipment to support advanced courses in math, science, engineering, arts and technology, modernize aging science labs, computer systems and career educational facilities, , plumbing, heating, ventilation and electrical systems, add classrooms and facilities including those relieving overcrowding, and to improve the likelihood of local high schools qualifying for state matching funds, shall Liberty Union High School District issue $122 million in bonds at legal interest rates, with independent citizen oversight and audits?

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Tax Rate  

Impartial Analysis for Measure U

COUNTY COUNSEL'S IMPARTIAL ANALYSIS OF MEASURE U

The California Constitution provides that school districts may issue bonds 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, with the approval of 55% of the voters voting at an election for that purpose.

By resolution, the Liberty Union High School District has proposed that bonds of the District be issued in an amount up to $122,000,000. This measure provides that proceeds from the sale of the bonds will generally be used to "provide educational facilities and equipment to support advanced courses in math, science, engineering, arts and technology, modernize aging science labs, computer systems and career educational facilities, repair deteriorating roofs, plumbing, heating, ventilation and electrical systems, add classrooms and facilities including those relieving overcrowding, and to improve the likelihood of local high schools qualifying for state matching funds." The types of projects to be financed with the bond proceeds are set forth in the School Facility Project List attached to the resolution of the Board of Education. The measure provides that a citizens' oversight committee will be established to ensure that bond proceeds are properly expended and that annual performance and financial audits will be conducted. The measure further provides that bond proceeds will only be used for the purposes specified in the measure, and not for any other purpose.

Approval of this measure authorizes the levy of ad valorem taxes upon taxable property to repay the bonded indebtedness, both principal and interest, in each year that bonds are outstanding. The Liberty Union High School District has prepared a Tax Rate Statement, which represents the school district's best estimates of the property tax rates required to service the bonds. The estimated highest tax rate required to be levied to fund the bonds is expected to be $28 per $100,000 of assessed valuation.

Approval of the measure does not guarantee that the bonds will generate sufficient funds to allow completion of all of the proposed project or projects on the bond project list. The proposed project or 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.

A "yes" vote authorizes the issuance of the bonds and the levy of taxes as estimated in the Tax Rate Statement to repay the bonded indebtedness. A "yes" vote by 55% of the voters within the District voting on the measure is required for passage of this measure.

A "no" vote on this measure disapproves the issuance of the bonds and the levy of the taxes for the bonded indebtedness

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Tax Rate  

Argument in Favor of Measure U

ARGUMENT IN FAVOR OF MEASURE U

Our three comprehensive high schools are among the best in the region. Liberty, Freedom, and Heritage provide outstanding instruction, preparing students for college and to compete for good paying jobs. All three schools have been awarded the California Gold Ribbon Award for excellence.

While they vary in age, each one needs repairs and renovations. Measure U will ensure each school has comparable, equitable facilities that are built to reduce overcrowding and equally distribute student enrollment.

Passage of Measure U will qualify our schools to receive matching funds of more than $30 million when it becomes available, reducing the cost of renovations to local taxpayers.

Measure U will:

  • Repair or replace leaky roofs, old rusty plumbing, faulty electrical wiring and expensive to operate air-conditioning systems;
  • Upgrade classrooms, labs and computer systems, and career training facilities to prepare students for college and jobs:
  • Upgrade security lighting, fencing, smoke detectors, fire alarms, sprinklers, and campus security systems for student safety and security;
  • Ensure that music and performing arts facilities at each high school are up to the same standard;
  • Create career technology education classrooms for advanced training in agricultural sciences, hospitality, and skilled trades;
  • Replace aging portable classrooms that are expensive to repair and maintain;
  • Construct additional classrooms and facilities to relieve overcrowding;
  • Upgrade worn-out athletic facilities to improve student health, fitness, and safety, and ensure facilities at each high school are equitable;
  • Provide repairs at Independence High School, as needed.

Measure U requires a clear system of accountability, including a Citizens' Oversight Committee, and independent audits to ensure all money is spent locally with no money spent on administrators.

Whether or not you have school-age children, protecting the quality of our schools is a wise investment. Measure U protects the quality of life in our community and the value of our homes.

Please vote Yes on Measure U.

Joanne Byer
Liberty Union High School District Board Member since 1985

Lillian Pierce
State of California, Woman of the Year 2014

Brian Swisher
Former Mayor, City of Brentwood

Jorge Juarez
Owner/ Founder JJ Pump and Well Service, Inc.

Eric L. Volta
Superintendent, Liberty Union High School District

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Tax Rate  

Argument Against Measure U

ARGUMENT AGAINST MEASURE U

None Filed.

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Tax Rate  

Measure U Tax Rate Statement

TAX RATE STATEMENT FOR MEASURE U

To: The voters voting in the November 8, 2016 election on the question of the issuance of $122,000,000 General Obligation Bonds of the Liberty Union High School District.

You are hereby notified in accordance with Section 9401 of the Elections Code of the State of California of the following:

  1. The best estimate from official sources of the tax rate which would be required to be levied to fund principal and interest payments during the first fiscal year after the first sale of bonds (Fiscal Year 2017-2018), based on assessed valuations available at the time of the election and taking into account estimated future growth, is the following: $.02800 per $100 of assessed valuation, which equates to $28.00 per $100,000.
  2. The best estimate from official sources of the tax rate which would be required to be levied to fund principal and interest payments during the first fiscal year after the last sale of bonds (Fiscal Year 2021-22) based on assessed valuations available at the time of the election and taking into account estimated future growth, is as follows: $.02800 per $100 of assessed valuation, which equates to $28.00 per $100,000.
  3. The best estimate from official sources of the highest tax rate which would be required to be levied to fund principal and interest payments on the bonds and an estimate of the year in which that rate will apply, based on assessed valuations available at the time of the election and taking into account estimated future growth, is as follows: $.02800 per $100 of assessed valuation, which equates to $28.00 per $100,000 in every year.
  4. The best estimate of the total debt service, including the principal and interest, that would be required to be repaid if all the bonds are issued and sold is approximately $265 million based on estimates of future bond interest rates and projected assessed value growth rates.

The attention of all voters is directed to the fact that the foregoing information is based upon projections and estimates only. 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 date 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. The actual interest rates at which the bonds will be sold will depend on the bond market at the time of sale. Actual future assessed valuations 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. Accordingly, the actual tax rates and the years in which such rates are applicable may vary from those presently estimated as above stated.

_________________________________
Eric Volta, Superintendent
Liberty Union High School District

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