Palm Springs Unified Schools: Vote Yes on Measure I Bonds - Riverside County - 2016 general Election
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  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Commentary on Measure I

Are you sure you want vote to support this extravagant measure? It has no accountability.

This campaign was designed by Dale Scott & Co. 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 I Question

I To modernize or construct new classrooms; replace leaky pipes and inefficient heating /cooling systems; improve student safety; and reduce borrowing costs, shall $216.46 million of Palm Springs Unified School District bonds, previously approved by voters in February 2008, be through the issuance of new bonds with no increase in total authorized District debt, interest rates at or below legal limits, , and all funds spent locally and not taken by the State and used elsewhere?

¿Debería el Distrito Escolar Unificado de Palm Springs volver a autorizar $216.46 millones en bonos, previamente aprobados por los votantes en febrero de 2008, por medio de nuevos bonos, sin incrementar la deuda total autorizada del Distrito, manteniendo las tasas de interés a los límites legales, para modernizar o construir nuevos salones de clases, reemplazar tuberías con fugas y sistemas de calefacción/refrigeración ineficientes, mejorar la seguridad de los estudiantes y reducir los costos de préstamos, con supervisión independiente de los ciudadanos, y que todos los fondos se distribuyan a gastos locales y no sean absorbidos por el Estado o utilizados con otro fin?

PALM SPRINGS UNIFIED SCHOOL DISTRICT / DISTRITO ESCOLAR UNIFICADO DE PALM SPRINGS

BONDS YES / BONOS SÍ
BONDS NO / BONOS NO

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

Impartial Analysis for Measure I

33-9014-M21
RV-171-026

IMPARTIAL ANALYSIS OF MEASURE "I"

The Board of Education ("Board") of the Palm Springs Unified School District ("District") by adopting Resolution No. 2015/2016-57 ("Resolution"), elected to call an election pursuant to Section 18 of Article XVI and Section 1 of Article XIII A of the California Constitution and Section 15100 and 15624 et seq. of the California Education Code to obtain authorization to issue and sell general obligation Bonds ("Bonds") in the aggregate amount principal amount of two hundred sixteen million and four hundred sixty thousand dollars ($216,460,000). The issuance of these Bonds, and the aggregate original principal amount of previously issued Measure E bonds, shall not exceed five hundred and sixteen million dollars ($516,000,000).

This Measure was placed on the ballot by the Board of the District.

The Bonds may used by the District to design, construct and equip a new school in Palm Desert and Ranch Mirage, acquire land for three future elementary schools, one middle school and one high school, and construct permanent classrooms at elementary schools. The Bonds may also be used renovate, modernize and repair existing school cites and facilities, improving safety systems, replacing the roof and solar arrays at Cathedral City High School and upgrading technology and technological infrastructure. The Bonds would not be used to fund the salaries, pensions or benefits of any board members, administrator, and/ or teachers or for other school operating expenses.

If Measure I is approved, the Board of the District will appoint a citizens' oversight committee and conduct annual independent financial and performance audits to assure that bond funds are spent only on 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, and for no other purposes.

An ad valorem tax would be levied and collected on property within the boundaries of the District to pay the principal and interest on the Bonds.

The Resolution provides that the maximum interest rate on the Bonds will not exceed the maximum interest rate of twelve percent (12%) per annum and the maximum term of the Bonds, or any series thereof, will not exceed 40 years.

Approval of Measure I does not guarantee that the proposed project(s) in the District, that are the subject of the Bonds under Measure I, will be funded beyond the local revenues generated by Measure I. The District's proposal for the project or projects assumes the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

For this Measure to be approved fifty-five percent (55%) of qualified voters who vote on the Measure must vote yes.

A "YES" vote on Measure "I" is a vote to allow the District to sell the Bonds and levy the necessary taxes to pay for the Bonds.

A "NO" vote on Measure "I" is a vote against allowing the District to sell the Bonds and levy the necessary taxes to pay for the Bonds.

By: Ronak N. Patel, Deputy County Counsel

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

Argument in Favor of Measure I

33-9014-MX

ARGUMENT IN FAVOR OF MEASURE "I"

Vote YES on Measure I

In 2008, the voters of Palm Springs Unified School District overwhelmingly passed a general obligation bond to improve our communities' most important asset - our children's local public schools.

Since that time, tremendous improvements have been made in constructing, repairing and rehabilitating the schools and classrooms of Cathedral City, Desert Hot Springs, Palm Springs, Rancho Mirage and Thousand Palms. But much remains to be done.

Measure I will let us continue the job of improving our children's schools by reauthorizing $216 million of previously approved bonds while saving taxpayers millions of dollars and

Measure I will improve our schools by:

  • Repairing deteriorating roofs and fixing leaky plumbing
  • Repairing or replacing classroom heating/ air conditioning systems
  • Replacing old portables with permanent classrooms
  • Improving handicapped access
  • Upgrading fire and security systems to protect our children

Measure I will protect taxpayers by:

  • Making our local school projects eligible for State matching funds
  • Requiring annual audits and independent citizen oversight of the funds
  • Prohibiting funds from going to administrators' salaries, pensions or benefits
  • requiring all monies to be spent on our local schools
  • Prohibiting the State from taking the funds and spending them elsewhere

Vote YES to retain and attract high-quality teachers.

Vote YES to build safer schools in order to improve student achievement.

Vote YES for increased property values and home prices by improving neighborhood schools.

Vote YES to protect taxpayers with independent financial audits.

Vote YES to turn out well-educated, well- rounded leaders of tomorrow.

To build better and safer schools, improve student achievement, save taxpayer dollars and protect your property values, please join business leaders, teachers, parents, grandparents and neighbors in voting YES on Measure I.

By: Dr. Christine Anderson,
Palm Springs Unified School District Retired Superintendent of Schools

Mrs. Donald T. Aikens (Marjorie Conley Aikens)

William Henry Hampton
()

Mayor Stanley E. Henry,
Cathedral City

Mayor Scott Matas,
Desert Hot Springs

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

Argument Against Measure I

NO ARGUMENT FILED AGAINST MEASURE "I"

33-9014-M22
RV-171-027

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Full Text of Measure I

33-9011-M7
RV-171-022
MEASURE "I" – PALM SPRINGS UNIFIED SCHOOL DISTRICT

BOND PROPOSITION OF THE
PALM SPRINGS UNIFIED SCHOOL DISTRICT
(November 8, 2016):

"By approval of this proposition by at least 55 percent of the registered voters voting on the measure, the District will be authorized to issue and sell bonds of up to $216,460,000 in aggregated principal at interest rates not in excess of the legal limit and to provide financing for the specific school facilities projects listed in the Bond Project List described herein, subject to all the accountability requirements specified herein.

The Bonds may be issued under the provisions of the California Education Code (starting at Section 15100), under the provisions of the California Government Code (starting at Section 53506), or under any other provisions of law authorizing the issuance of general obligation bonds by school districts. The Bonds may be issued in series by the District from time to time, and each series of Bonds shall mature within the legal limitations set forth in the applicable law under which the Bonds are issued.

District voters previously approved Measure E at an election held in the District on February 5, 2008. However, due to State law limitations imposed on the issuance of bonds under Measure E, the District estimates that it will be unable to issue any additional Measure E Bonds in the immediate future. The Board of Education of the District has found and determined that there continues to be an urgent need in the District for the completion of the educational projects approved by District voters under Measure E, and that no other District resources are available to finance such projects. If the Bonds are approved and issued, the Board of Education of the District has covenanted that it will take action(s) to cancel and shall not authorize the issuance of Measure E Bonds in a like amount.

In order to acquire, construct and reconstruct school facilities, and provide for supporting infrastructure at the existing school site of the Palm Springs Unified School District, and in so doing increase health, safety, welfare and educational effectiveness of classrooms for students, shall the Palm Springs Unified School District be authorized to issue Bonds in an amount not to exceed $216,460,000, including the furnishing and equipping of school facilities or the acquisition or lease of real property for schools and school facilities listed in Attachment "1" on file at the District office and herein incorporated, which , at an interest rate below the legal maximum, and which Bonds shall be subject to the following provisions:

  1. (A)

    That proceeds of the Bonds shall be used only for the construction of school facilities and supporting infrastructure, including the furnishing and equipping of school facilities or the acquisition or lease of real property for school facilities pursuant to California Constitution Article XIIIA, Section 1(b)(3) and further that the proceeds of the Bonds shall be used only for the purposes specified in California Constitution Article XIIIA, Section 1(b)(3) (as amended by Proposition 39) and not for any other purpose, including teacher and non-construction related administrator salaries and any other school operating expenses.
  2. (B)

    That a with the proceeds of the Bonds is attached hereto as Attachment "1" and, based upon the adoption of this Resolution, this Board of Education hereby certifies that it has evaluated safety, class size reduction and information technology needs in developing the school facilities listed in Attachment "1".
  3. (C)

    That the Board of Education of the District shall conduct an annual, independent performance audit to insure that the proceeds from the sale of the Bonds have been expended only on the specific projects listed in this bond proposition.
  4. (D)

    That the Board of Education of the District shall conduct an annual, independent financial audit of the proceeds from the sale of the Bonds until all of those proceeds have been expended for the school facilities projects identified herein.
  5. (E)

    That the Board of Education of the District will, pursuant to the provisions of applicable State law, appoint a citizens' oversight committee, and conduct annual independent audits (as referenced above) to assure that the Bond proceeds are spent only on the school, facilities and classroom improvements, projects and costs identified in Attachment "1 " and for no other purposes.

Taxpayer Protections: The following taxpayer protections are specifically provided in this Bond Measure and by law:

  • Bond funds shall be used only for the school facilities projects identified herein, and not for any other purpose.
  • As required by law, an Independent Citizen's Oversight Committee shall oversee expenditures of bond funds, and related matters, and shall report to the Board of Education and communicate with the public on such expenditures.
  • As required by law, the School District shall conduct annual financial audits and performance audits (using independent auditors) for all bond funds.
  • Bond Funds shall not be used for teacher or non-construction related administrator salaries or other non-construction related operating expenses."

33-9014-M18
RV-171-023
MEASURE "I"
PALM SPRINGS UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BOND MEASURE

LIST OF SCHOOL FACILITIES PROJECTS
TO BE FUNDED WITH PROCEEDS OF BONDS

The general obligation bonds of the Palm Springs Unified District ("District") would be used to construct and acquire new schools and support facilities; renovate, upgrade, replace, install and provide major repair of existing school facilities, and related facilities costs, including, but not limited to, repair and replacement of lighting and electrical systems, heating, air conditioning and ventilation (HVAC) systems, flooring replacement, roof replacement, renewable energy generating facilities (including, but not limited to ), window replacement, wall systems, security systems, communication systems, shade structures, fencing site improvements, walkways, parking lots, landscaping, and handicap accessibility improvements to meet current health, safety and instructional standards which will improve the overall educational experience for all students in the District. Such projects include, but are not limited to, reconstruction, renovation, modernization and construction of classrooms, libraries, computer labs, band and choral rooms, roofing, playgrounds, plumbing, electrical, renewable energy (including, but not limited to solar energy/solar generating facilities), conservation measures and network infrastructure, fields and related projects. Project costs for expansion of existing facilities may include, but are not limited to, some or all of the following: infrastructure and related expenses; construction, acquisition or lease of temporary, portable or permanent classrooms, instructional support and/or ancillary facilities. Project costs for furniture and equipment may include, but are not limited to some or all of the following: desks and tables; window and floor covering; computer, media recording and presentation equipment; kitchen equipment, improvements and furnishings; science laboratory equipment; and/or other electronic equipment.

The following projects are specifically identified as projects upon which the bond funds may be expended:

RENOVATION, MODERNIZATION AND REPAIR OF EXISTING
SCHOOLS AND FACILITIES

To improve the overall educational experience for students in the District, bond funds will be expended on projects to include renovation, modernization, upgrades and major repairs to take place at existing District school sites and facilities located in the communities of Cathedral City, Desert Hot Springs, Rancho Mirage, Thousand Palms, Palm Desert and Palm Springs, which projects would include, but not be limited to the following:

  • Health and safety renovations and/or improvements including, but not limited to, removal or mitigation of hazardous materials
  • Handicap accessibility improvements to meet current health, safety and instructional standards
  • Upgrade and/or replace heating, ventilation, and air-conditioning (HVAC) systems
  • Repair and/or replace roofs, windows and flooring
  • Upgrade and/or replace plumbing and sewer systems and facilities including, but not limited to, restrooms
  • Upgrade electrical and network infrastructure including technology systems
  • Upgrade and/or replace lighting, electrical systems and install renewable energy and utility conservation systems (including, but not limited to solar energy/solar generating facilities)
  • Make site improvements including shade structures, walkways and fencing to improve student safety, and landscaping

DISTRICT-WIDE SCHOOL FACILITIES IMPROVEMENTS

These projects will occur at schools and school sites throughout the District and will include the following:

  • Improve student safety by replacing inadequate fire alarm and fire suppression systems including, but not limited to, fire safety equipment
  • Modernize and upgrade playgrounds, playfields and equipment
  • Improve student safety through the construction, refurbishment, reconstruction, and/or upgrade of student drop-off areas, bus drops/loops, existing or new parking areas or facilities and vehicle access ways
  • Improve student safety and security by modernizing and upgrading telephone, security and communication systems
  • Modernize outdated kitchen facilities to serve a growing student population and meet current standards
  • Improve, repair and upgrade band and choral rooms and facilities

ACQUISITION AND CONSTRUCTION OF NEW SCHOOL FACILITIES
TO MEET STUDENT NEEDS AND TO REDUCE OVERCROWDING

Proceeds of the Bonds will be used to design, acquire, construct, and equip new elementary schools, middle schools, and high schools throughout the District. Acquisition and construction projects would include, but not be limited to, site acquisition, classrooms, offices, cafeterias, gymnasiums, playing fields and other athletic facilities, , school grounds, auditoriums, science and computer labs, libraries, restrooms, and other school facilities. The exact size, configuration, and location of each school will be determined by the Board of Education based on the needs of the District.

As currently envisioned, acquisition and construction would include but not be limited to the following projects:

  • Construct permanent classrooms at the District's elementary schools to replace temporary portable classrooms, Construct a new K-8 school in Rancho Mirage
  • Construct a new (K-8, magnet, academy, etc.) school in Palm Desert
  • to serve a growing student population

33-9014-M19
RV-171-024

FACILITIES SUPPORT PROJECTS

Proceeds of the bonds may also be used for the following specific facilities support projects:

  • Roof replacement and solar arrays at Cathedral City High School
  • Close-out and certification of all school buildings with the Division of State Architect
  • Installation of shade structures at various schools through-out the District

This may include: site preparation, design costs, environmental and environmental control costs, consultant costs and site finish work, equipment and other costs as described in the first paragraph of this School Facilities Projects description.

PROJECT COSTS FOR FURNISHINGS AND EQUIPMENT

Project costs for furnishings and equipment for the schools listed above may include, but are not limited to, some or all of the following: security and communication systems and equipment, desks and tables; window and floor coverings (including tiles and carpeting); computers, kitchen equipment; science laboratory equipment; and/or other electronic equipment.

Project costs for the above-referenced projects may include site preparation, installation costs, engineering and design costs, project management costs and related costs. Project costs may also include the payment of lease payments for lease of authorized facilities, property or buildings and payment of costs and expenses for interim financing of authorized facilities (including, but not limited to, financing delivery costs). Allowable project costs also include: costs of issuing the bonds or securities (as authorized under California law), and authorized under State law. Funding for these projects may come from this bond measure or other District resources as the school facilities needs arise.

In preparing the foregoing list, the Board of Education of the Palm Springs Unified School District has evaluated safety, class size reduction and information technology needs. Approval of the District's bond measure does not guarantee that all of the identified projects within this list will be funded beyond local funds generated by the bond measure and does not guarantee that the projects will be completed in any particular order. The District will also pursue funds from the State of California to complete certain of the identified facilities projects. The foregoing project list assumes that the District would also receive State matching funds.

No Administrator Salaries. Proceeds from the sale of bonds authorized by this proposition shall be used only for the construction, acquisition, repair, renovation, 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 as identified herein, and not for any other purpose, including teacher and non-construction related administrator salaries and other non-construction related operating expenses.

If this Bond measure is approved, the Palm Springs Unified School District Board of Education will appoint a citizens' oversight committee and conduct annual independent audits to assure that bond funds are spent only on school and classroom improvements and for no other purposes.

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Measure I Tax Rate Statement

33-9014-M20
RV-171-025

MEASURE "I" – TAX RATE STATEMENT

PALM SPRINGS UNIFIED SCHOOL DISTRICT -
General Obligation Bond Election of November 8, 2016

MEASURE "I"

As shown on the enclosed official ballot, an election is being held in the Palm Springs Unified School District ("District") on November 8, 2016, for the purpose of submitting to the registered voters within the District the question of whether the District shall issue and sell bonds in an amount not to exceed $216,460,000 (an amount equal to the unissued general obligation bonds previously approved by the voters of the District in 2008) for the purpose of providing funds for the specified school facilities and school projects as set forth in the resolution of the District calling such bond election. This measure will authorize a tax sufficient for payment of interest on, and redemption of, the bonds. The bonds shall bear interest at a rate, or rates, to be established at such time as the bonds are sold, in one or more series, at fixed or variable interest rates not to exceed the maximum applicable statutory rate for such bonds. If such bonds are authorized and sold, the principal thereof and the interest thereon are a general obligation of the District, payable from the proceeds of ad valorem taxes on taxable real property located within the District.

The following information is submitted in compliance with California Elections Code Sections 9401 through 9404 based on estimates of assessed valuations available at the time of filing of this statement:

(a) The best estimate from official sources of the tax rate that would be required to be levied to fund the bond issue during the first fiscal year after the first sale of the bonds based on estimated assessed valuations available at the time of filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors is $0.0478 per $100 ($47.88 per $100,000) of assessed valuation.

(b) It is anticipated that the bonds will be sold in more than one series. The best estimate from official sources of the tax rate which would be required to be levied to fund such bond issues during the first fiscal year after the last sale of the bonds based on estimated assessed valuations available at the time of filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors is $0.0478 per $100 ($47.88 per $100,000) of assessed valuation. It is estimated that this tax rate would apply in the 2028-2029 tax year

(c) The best estimate from official sources of the highest tax rate which would be required to be levied to fund the bond issues during the term of the bond issues, based on estimated assessed valuations available at the time of filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors, is $0.0478 per $100 ($47.88 per $100,000) of assessed valuation. It is estimated that the highest tax rate would apply in the 2017-2018 tax year based on assessed valuations available at the time of this filing or a projection based on experience within the same jurisdiction or other demonstrable factors.

(d) The best estimate of the total debt service, including principal and interest, that would be required to be repaid if all the bonds are issued and sold is .

Voters should note that these estimated tax rates are based on the assessed value of taxable property within the District as shown on the official rolls of Riverside County, not on the property's market value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective rate than described above. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by the Riverside County Assessor in the annual assessment and the equalization process. Property owners should consult their own property tax bills and/or tax advisors to determine their property's assessed value and any applicable tax exemptions.

Attention of all voters is directed to the fact that these estimates are based on assumptions and projections derived from information obtained from official sources. The actual tax rates and the years in which they will apply may vary depending on the timing of any bond sales, the amount of bonds sold, market interest rates at the time of each sale of bonds and actual assessed valuations over the term of repayment of the bonds. The timing of the bond sales and the amount of bonds sold at any given time will be governed by the needs of the District, 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 such sale. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by the Riverside County Assessor in the annual assessment and the equalization process.

Dated: June 14, 2016

By: Brian J. Murray, Ed.D.
Assistant Superintendent, Business Services
Palm Springs Unified School District

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