Vote Yes on Glenn County Measure B - 2016 general Election
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  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Commentary on Measure B

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  

Measure B Question

"To modernize Willows schools, upgrade safety systems, improve infrastructure and accessibility, replace portables with permanent classrooms, and make other repairs to outdated facilities, shall Willows Unified School District be authorized to issue $8,000,000 in bonds at legal interest rates, using NO Capital Appreciation Bonds (CABs) and requiring a responsible duration and repayment cost, with a and annual audits to ensure funds are ONLY spent improving LOCAL classrooms and facilities, and NOT for any other purpose?"

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Impartial Analysis for Measure B

IMPARTIAL ANALYSIS OF COUNTY COUNSEL
MEASURE B

The California Constitution provides that school districts may issue general obligation bonds to finance 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 of the district voting at an election for that purpose. The California Constitution further provides that the bond measure must include a requirement that the bond proceeds will be used only for the permitted purposes and include accountability requirements.

Approval of Measure B would authorize the Willows Unified School District (the "District") to issue general obligation bonds of $8,000,000 and that ad valorem taxes be levied upon taxable property within the District to repay the bonded indebtedness. The District's Tax Rate Statement provides that a best estimate of the tax rate is $0.0450 cents per $100.00 of assessed evaluation ($45.00 per $100,000). The actual tax rates and the years in which they will apply may vary depending on the timing of the bond sales, the amount of bonds sold at each sale and actual increases/decreases in assessed valuations.

Funds received from the sale of the bonds will be expended on construction, reconstruction, rehabilitation, expansion, replacement, acquisition, equipping, and furnishing school facilities. Examples of authorized projects include, but are not limited to: modernizing classrooms; upgrading technology infrastructures; upgrading facilities to comply with the Americans with Disabilities Act (ADA); removing hazardous building materials from school sites; repairing and replacing portable classrooms with permanent classrooms at Murdock Elementary School; repairing and replacing windows; installing and upgrading fire alarms, telephones, clocks and bells at Willows High School and Murdock Elementary School; repairing and replacing roofs at Willows High School; and repairing and replacing HVAC in the Willows High School gym. The District's project list can be found in the full text of the measure and reviewed for further details.

In accordance with Proposition 39, no administrators' or teachers' salaries shall be paid or reimbursed, in whole or in part, from bond proceeds, nor shall such proceeds be used to pay any other operating expenses of the District; however, costs of administering the bond election and costs of issuance of the bonds shall be lawful charges against the bond proceeds.

The measure provides that a Citizens' Oversight Committee (the "Committee") will be established to ensure that bond proceeds are properly expended. To assist the Committee in its statutory obligations, an annual independent performance audit and an annual independent financial audit will be conducted on the expenditure of the bond proceeds.

A "YES" vote means that the district will be authorized to issue and sell the bonds.

A "NO" vote means that the District will not be authorized to issue and sell the bonds.

s/ Alicia Ekland
Glenn County Counsel

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Argument in Favor of Measure B

ARGUMENT IN FAVOR OF MEASURE B

The Willows Unified School District takes pride in reflecting the values of our community as we provide quality educational opportunities to our students. We believe staff members and our community make a huge difference in their lives. In our schools, the surrounding community, and at home, we thank you for your support and now, more than ever, we must continue to work together to sustain our commitment and contribution to their future!

The District has worked hard to provide students with the facilities they deserve. Despite knowing that Willows cares deeply about our schools, prior bond measures have not been approved. However, after gathering input from many residents, including some of the most dedicated prior opponents, we found a new approach. It prohibits Capital Appreciation Bonds ("CABs"); limits interest rates, the duration of the bonds and their maximum total cost; and specifically sets project priorities. Then, we shared the new approach with as many community members as possible throughout last summer. Our outreach confirmed that support for Willows schools is indeed strong AND that these 'self-imposed' rules address the concerns of many.

So the Board decided to place Measure "B" on the ballot vote YES on Measure "B"!

Measure "B" will:

  • Modernize Willows schools
  • Upgrade safety systems
  • Improve infrastructure and accessibility
  • Replace portables with permanent classrooms
  • Make other repairs to outdated facilities

The School Board is committed to doing this the right way and safeguards are in place. Measure "B" requires:

  • A Citizens' Oversight Committee
  • Annual audits of bond expenditures
  • NO costly "CABs"
  • A maximum repayment ratio of 2.5 to 1 and a maximum term of 25 years
  • A prioritized project list of ONLY essential projects

This time, the District listened and got it right. Measure "B" makes sense to all of us. Together, let's improve Willows schools vote YES on Measure "B"!

s/ Alexander W. Parisio,
Farmer/Board Member

s/ James William Lambert,
Business Owner

s/ Susie Alves,
Retired

s/ Maria Elena Briones,
Mother/Parent

s/ Cesar Sandoval,
Police Officer/parent

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Argument Against Measure B

No argument against was submitted.

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Full Text of Measure B

Bond proceeds will be expended to modernize, replace, renovate, expand, construct, acquire, equip, furnish and otherwise improve the classrooms and school facilities of the District as specified below:

  • Modernize classrooms at all school sites, including interior improvements and technology infrastructure upgrades
  • Improve ADA access to classrooms, bathrooms and other facilities at all school sites
  • Improve student safety by removing outdated, hazardous building materials, including at all school sites
  • Repair and replace portables with permanent classrooms at Murdock
  • Repair and replace windows and repair, replace, install and upgrade safety systems such as fire alarms, telephones, clocks and bells at Willows High and Murdock
  • at Willows High
  • Repair, replace and install HVAC in the Willows High gym
  • If sufficient State Aid funding becomes available, make other repairs and improvements to all school sites
  • Address unforeseen conditions and latent defects in materials revealed by these projects (e.g. dry rot, structural, etc.)
  • Perform necessary site preparation/restoration in connection with construction and/or provide temporary housing to facilities completion of projects

ACCOUNTABILITY SAFEGUARDS

  • NO Capital Appreciation Bonds (CABs) or other bonds on which interest is compounded.
  • A responsible repayment ratio of NO MORE THAN 2.5:1, meaning each dollar of bonds sold will cost taxpayers NO MORE THAN $2.50 TO PAY OFF, including interest.
  • Bond may be sold competitive OR negotiated, as determined by what is MOST ADVANTAGEOUS in the market at the time of sale.
  • The bonds shall bear interest at a rate not to exceed 8% per year.
  • The bonds shall mature no later than 25 years from their date of issuance.
  • The District shall appoint a Citizens' Oversight Committee for the bonds to ensure that all bond proceeds are spent in accordance with the foregoing Project List.
  • Additional Sources of Funding. The District will use a portion of its own operating budget to meet some of the needs and actively work to gain as much State facilities funding as possible to further improve Willows schools.

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Measure B Tax Rate Statement

TAX RATE STATEMENT
MEASURE B

An election will be held in the Willows Unified School District (the "District") on November 8, 2016 to authorize the sale of $8,000,000 in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code.

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 $0.045 per $100 ($45.00 per $100,000) of assessed valuation in fiscal year 2017-18.

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 only proposed series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.045 per $100 ($45.00 per $100,000) of assessed valuation in fiscal year 2017-18.

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 $0.045 per $100 ($45.00 per $100,000) of assessed valuation.

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 $14,353,000.

These estimates are based on projections derived from information obtained from official sources. The actual tax rates, the years in which they will apply and the total debt service may vary depending on the timing of bond sales, the amount of bonds sold at each sale, actual increases in assessed valuations and actual interest rates at the time of each bond sale. 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. Actual interest rates will depend upon market conditions at the time of sale.

s/ Dr. Mort Geivett, Superintendent
Willows Unified School District

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