San Jacinto Unified Schools: Vote Yes on Measure Y 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 Y

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 Y Question

Y To upgrade local classrooms, science labs and technology infrastructure that prepare students for college/careers; repair aging roofs, plumbing and electrical systems; improve school safety/security; and acquire, renovate, construct and equip classrooms, sites and facilities to reduce overcrowding and support student instruction in reading, math, science, engineering and technology; shall San Jacinto Unified School District issue $44,900,000 in bonds at legal interest rates, with , no money for administrator salaries, and all funds staying local?

ΏDeberνa el Distrito Escolar Unificado de San Jacinto emitir $44,900,000 en bonos con tasas de interιs legal, con supervisiσn independiente de los ciudadanos, sin destinar el dinero al salario de los administradores sino a fines locales en su totalidad para mejorar los salones de clases, los laboratorios de ciencias y la infraestructura de tecnologνa locales que preparan a los estudiantes para la universidad/carrera; reparar sistemas elιctricos y de plomerνa y techos antiguos; mejorar la protecciσn/la seguridad en las escuelas; y adquirir, renovar, construir y equipar salones de clases, sitios e instalaciones para

SCHOOL / ESCOLAR
SAN JACINTO UNIFIED SCHOOL DISTRICT / DISTRITO ESCOLAR UNIFICADO DE SAN JACINTO

BONDS YES / BONOS SΝ
BONDS NO / BONOS NO

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

Impartial Analysis for Measure Y

33-9016-M32
RV-078-027

IMPARTIAL ANALYSIS OF MEASURE "Y"

The Board of Education ("Board") of the San Jacinto Unified School District ("District") by adopting Resolution No. 16-17-01 ("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 forty four million nine hundred thousand dollars ($44,900,000).

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

The Bonds would be used by the District on District wide projects to renovate, rehabilitate, repair and modernize buildings, electrical systems, security systems, technology infrastructure, and acquire renewable energy and energy saving systems. The Bonds may also be used to acquire, upgrade, renovate and/or replace buildings, classrooms and infrastructure at certain elementary, middle and high schools. The Bonds may be used to acquire and construct a new schools designed to house 1,000 to 1,500 students. 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 Y 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 statutory interest rate and the maximum term of the Bonds, or any series thereof, will not exceed maximum number of years from the date of the bond. 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 $98,780,000.

Approval of Measure Y does not guarantee that the proposed project or projects in the District, that are the subject of the Bonds under Measure V, will be funded beyond the local revenues generated by Measure Y. The District's proposal for the project(s) 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 "Y" 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 "Y" 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 Y

33-9016-MX

ARGUMENT IN FAVOR OF MEASURE "Y"

If you value the local quality of education – whether to prepare children for college and successful careers, keep kids out of trouble, or simply to protect your property values – there's nothing more important on the November ballot than VOTING YES on Measure Y.

San Jacinto Unified schools work hard educating local children.

And, after years of constant use as the "hub" of our community, they need attention. Some schools need major renovations. Others are overcrowded. All schools need upgrades for 21st century instruction.

Measure Y authorizes a prudent plan to upgrade SJUSD schools so college bound students can properly prepare, and career bound students seeking jobs immediately after graduation, can get the job training they need. NO other funding currently exists to upgrade these facilities.

Measure Y will:

  • ? Renovate career-training facilities for science, technology, engineering, math and skilled trades
  • ? Repair deteriorated roofs, plumbing, HVAC, lighting and electrical systems
  • ? Modernize classrooms and educational technology for 21st century instruction
  • ? Upgrade labs and equipment to meet rising college/university admission requirements
  • ? Construct new classrooms and school facilities to accommodate enrollment growth
  • ? Improve school safety and security, including access for disabled students

ALL MEASURE Y FUNDS STAY LOCAL for SJUSD schools. The State CAN'T take this funding away.

Taxpayer protections are REQUIRED. NO funds are allowed for administrators' salaries. Independent Citizens' Oversight and mandatory audits are required for fiscal accountability.

Maintaining local school facilities is a wise investment. Good schools protect property values. VOTING YES leverages your investment even further – passage of Measure Y qualifies our community for millions in State matching funds.

Stand with SJUSD teachers, parents, alumni, boosters, and civic and business leaders across the San Jacinto Valley who are VOTING YES on Measure Y – for our children, for our community.

Please VOTE YES on Y – at the bottom of your ballot.

YesonYforSanJacintoSchools.com

By: Stephen Rex,
Teacher, Faith Community Leader, 27-year Resident

Sandra Peρaloza,
Parent, Assistant Principal, San Jacinto High School, 37-year Resident

John Schouten,
Retired Dairyman, 46-Year Resident

Rose Salgado,
Civic Leader & Soboba Tribal leader, Life-Long Resident

Calvin Smith,
Local Business Owner & SJUSD Booster, 39-year Resident

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

Argument Against Measure Y

NO ARGUMENT FILED AGAINST MEASURE "Y"

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

Full Text of Measure Y

97 33-4350-XX
RV-078-021

MEASURE "Y" – SAN JACINTO UNIFIED SCHOOL DISTRICT

FULL TEXT OF BOND PROPOSITION

SAN JACINTO UNIFIED SCHOOL DISTRICT
CLASSROOM SAFETY, RENOVATION, REPAIR AND
CONSTRUCTION MEASURE

This Proposition may be known and referred to as the "San Jacinto Unified School District Classroom Safety, Renovation, Repair and Construction Measure" or as "Measure Y".

BOND AUTHORIZATION

By approval of this proposition by at least 55% of the registered voters voting on the proposition, the San Jacinto Unified School District (the "District") shall be authorized to issue and sell bonds of up to $44,900,000 in aggregate principal amount to provide financing for the specific school facilities projects listed under the heading entitled "BOND PROJECT LIST" below (the "Bond Project List"), and qualify to receive State of California 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 voters and taxpayers of the District may be assured that their money will be spent to address specific facilities needs of the District, all in compliance with the requirements of Article XIIIA, Section 1(b)(3) of the California Constitution, and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Sections 15264 and following of the California Education Code (the "Education Code")).

Evaluation of Needs. The Board of Trustees of the District (the "Board") has prepared an updated facilities plan in order to evaluate and address all of the facilities needs of the District at each campus and facility, and to determine which projects to finance from a local bond at this time. The Board hereby certifies that it has evaluated safety, class size reduction and information technology needs in developing the Bond Project List.

Limitations on Use of Bonds. Proceeds from the sale of bonds authorized by this proposition shall be used only 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, including, to the extent permitted by law, the acquisition or lease of real property in connection with an existing or future financing of the specific school facilities projects listed in the Bond Project List, including the prepayment of existing or future interim lease, certificate of participation or lease revenue bond financings, and not for any other purpose, including teacher and administrator salaries and other school operating expenses.

Independent Citizens' Oversight Committee. The Board shall establish an independent citizens' oversight committee (pursuant to Education Code Section 15278 and following), to ensure bond proceeds are expended only for the school facilities projects listed in the Bond Project List. The committee shall be established within 60 days of the date when the results of the election appear in the minutes of the Board. In accordance with Section 15282 of the Education Code, the citizens' oversight committee shall consist of at least seven members and shall include a member active in a business organization representing the business community located within the District, a member active in a senior citizens' organization, a member active in a bona fide taxpayers' organization, a member that is a parent or guardian of a child enrolled in the District, and a member that is both a parent or guardian of a child enrolled in the District and active in a parent-teacher organization. No employee or official of the District and no vendor, contractor or consultant of the District shall be appointed to the citizen' oversight committee.

Annual Performance Audits. The Board 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. These audits shall be conducted in accordance with the Government Auditing Standards issued by the Comptroller General of the United States for performance audits. The results of these audits shall be made publicly available and shall be submitted to the citizens' oversight committee in accordance with Section 15286 of the Education Code.

Annual Financial Audits. The Board shall conduct an annual, independent financial audit of the bond proceeds until all of those proceeds have been spent for the school facilities projects listed in the Bond Project List. These audits shall be conducted in accordance with the Government Auditing Standards issued by the Comptroller General of the United States for financial audits. The results of these audits shall be made publicly available and shall be submitted to the citizens' oversight committee in accordance with Section 15286 of the Education Code.

Special Bond Proceeds Account; Annual Report to Board. Upon approval of this proposition and the sale of any bonds approved, the Board shall take actions necessary 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 of the District shall cause a report to be filed with the Board no later than January 1 of each year, commencing January 1, 2018, stating (a) the amount of bond proceeds received and expended in that year, and (b) 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 the Superintendent of the District shall determine, and may be incorporated into the annual budget, audit, or other appropriate routine report to the Board.

FURTHER SPECIFICATIONS

Joint-Use Projects. The District may enter into agreements with 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 shall determine.

Single Purpose. 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 all the enumerated purposes shall constitute the specific single purpose of the bonds, and proceeds of the bonds shall be spent only for such purpose, pursuant to California Government Code Section 53410.

Bonds May be Issued in Excess of Statutory Bonding Limit. Issuance of all of the authorized bonds might require the outstanding debt of the District to exceed its statutory bonding limit of 2.50% of the total assessed valuation of taxable property in the District. In that event, the District 33-9016-M27
RV-078-022
from the State Board of Education, which has the power to waive certain requirements of the Education Code applicable to the District. By approval of this proposition, the voters have authorized the District to seek such a waiver, and to issue authorized bonds in excess of the 2.50% limit as the State Board of Education may approve. No such waiver has yet been sought or granted.

Other Terms of the Bonds. When sold, the bonds shall bear interest at an annual rate not exceeding the statutory maximum, and that interest shall be made payable at the time or times permitted by law. The bonds may be issued and sold in several series, and no bond shall be made to mature more than the statutory maximum number of years from the date borne by that bond.

BOND PROJECT LIST

The Bond Project List below lists the specific projects the District proposes to finance with proceeds of the bonds. The Bond Project List shall be considered a part of the bond proposition and shall be reproduced in any official document required to contain the full statement of the bond proposition. Listed projects will be completed at a particular school or facility site according to Board –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. Any authorized repairs shall be . The Bond Project List does not authorize non-capital expenditures. is assumed to include its share of and bond issuance, construction-related costs, such as project and construction management, architectural, engineering, inspection and similar planning and testing costs, demolition and interim housing costs, legal, accounting and similar fees, costs related to the independent annual financial and performance audits, a contingency for unforeseen design and construction costs, and other costs incidental to and necessary for completion of the listed projects (whether the related work is performed by the District or third parties). The final cost of each project will be determined as plans are finalized, construction bids are awarded, and projects are completed. In addition, certain construction funds expected from non–bond sources, including State of California grant funds for eligible projects, have not yet been secured. Therefore, the Board cannot guarantee that the bonds will provide sufficient funds to allow completion of all listed projects. Alternatively, if the District obtains unexpected funds from non-bond sources with respect to listed projects, such projects may be enhanced, supplemented or expanded to the extent of such funds. Some projects may be subject to further government approvals, including by State officials and boards and/or local environmental or agency approval. Inclusion of a project on the Bond Project List is not a guarantee that the project will be completed (regardless of whether bond funds are available).

The under this proposition are as follows:

DISTRICT WIDE PROJECTS

As needed and as sufficient funds are available, the following projects are authorized to be financed at all schools and all District support facilities:

  • • Renovate, replace and/or upgrade major building systems, including lighting and electrical systems, heating, air and ventilation systems, sewer and water systems, communication systems, bell and fire alarm systems
  • • Acquire, replace, upgrade and/or install student safety and security systems, including lighting, fencing, smoke detectors, fire alarms, security alarms, signage, safety locks, cameras and communication systems
  • • Renovate, reconfigure and/or upgrade school facilities, including wiring and utility systems, as needed to install or accommodate new technology
  • • Remove hazardous materials such as asbestos and lead paint from school facilities
  • • Repair, replace, upgrade and/or improve existing classroom interiors as needed, including walls, wall coverings, window coverings, ceilings, floors, floor coverings, and acquire and install new classroom furniture and equipment as needed, including computers and instructional media and presentation equipment
  • • Repair, replace, upgrade and/or rehabilitate existing school building exteriors, including roofs, weather protection systems and fixtures, gutters, downspouts, doors, windows and window glazing and exterior paint
  • • Renovate, improve, reconfigure and/or expand existing libraries, and furnish and equip such libraries with modern technology
  • • Renovate, rehabilitate, repair and modernize existing multipurpose and support facilities, computer labs and related school facilities, and furnish and equip such facilities
  • • Repair, improve and/or rehabilitate restroom facilities including fixtures, wall coverings, floor coverings, plumbing and electrical
  • • Repair, replace, acquire, renovate, resurface and/or upgrade fencing, hardscapes, fields, play structures, equipment and surfaces, sport diamonds and backstops, walkways, lunch and shade shelters and related facilities
  • • Upgrade/improve sites/grounds and facilities and acquire/install equipment and furniture, for students with disabilities and compliance with Americans with Disabilities Act
  • • Acquire, install and/or construct renewable energy and/or energy-saving systems, improvements and equipment, including photovoltaic solar panels, electricity generation and distribution systems, upgraded insulation, efficient lighting, energy management and conservation systems, windows and structures to support such systems, improvements and equipment and related infrastructure, and rehabilitate, renovate, upgrade and/or replace such systems, improvements and equipment as needed
  • • Acquire and install furnishings and equipment related to such projects, including desks and tables, window and floor coverings (including tiles and carpeting), computers, instructional media and presentation equipment, food service equipment, and science/laboratory equipment
  • • Purchase land and any rights-of-way and/or easements made necessary by such projects

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PRIORITY PROJECTS

and as sufficient funds are available, the following projects are authorized to be financed at the District schools listed below:

San Jacinto High School

  • • Replace portables with permanent classroom buildings, and furnish and equip such classroom buildings
  • • Acquire, construct, upgrade, renovate, rehabilitate, re-configure, expand and/or equip classroom facilities, support facilities, and career technical education facilities, including Science, Technology, Engineering and Math (STEM) program facilities, and furnish and equip the same

Mountain View Alternative High School and Mountain Heights Academy

  • • Replace portables with permanent classroom buildings, and furnish and equip such classroom buildings
  • • Acquire, construct, upgrade, renovate, rehabilitate, re-configure, expand and/or equip classroom facilities, support facilities, and career technical education facilities, including Science, Technology, Engineering and Math (STEM) program facilities, and furnish and equip the same
  • • Replace/upgrade plumbing, electrical, mechanical systems and plant/classroom repairs
  • • Renovate, reconfigure and/or upgrade school facilities as needed to install or accommodate new technology
  • • Paint exterior and interior of site buildings

Monte Vista Middle School

  • • Replace portables with permanent classroom buildings, and furnish and equip such classroom buildings
  • • Acquire, construct, upgrade, renovate, rehabilitate, re-configure, expand and/or equip classroom facilities, support facilities, and career technical education facilities, including Science, Technology, Engineering and Math (STEM) program facilities, and furnish and equip the same
  • • Construct or acquire and install additional classroom buildings to accommodate growth, and furnish and equip such classroom buildings
  • • Expand/upgrade student/school administrative support facilities including teacher workrooms, and furnish and equip such facilities
  • • Expand food service facilities to upgrade student service and add additional exterior shelter areas
  • • Renovate, reconfigure and/or upgrade school facilities as needed to install or accommodate new technology

North Mountain Middle School

  • • Upgrade/expand physical education/sports fields and track
  • • Acquire, construct, upgrade, renovate, rehabilitate, re-configure, expand and/or equip classroom facilities, support facilities, and career technical education facilities, including Science, Technology, Engineering and Math (STEM) program facilities, and furnish and equip the same
  • • Construct or acquire and install exterior shade shelter
  • • Replace/upgrade plumbing, electrical, mechanical systems and plant/classroom repairs
  • • Paint exterior and interior of site buildings
  • • Rehabilitate and improve support facilities including restrooms and administrative areas, and furnish and equip such facilities
  • • Renovate, reconfigure and/or upgrade school facilities as needed to install or accommodate new technology
  • • Upgrade wiring and utility systems to support modern technology

San Jacinto Leadership Academy

  • • Replace portables with permanent classroom buildings, and furnish and equip such classroom buildings
  • • Acquire, construct, upgrade, renovate, rehabilitate, re-configure, expand and/or equip classroom facilities, support facilities, and career technical education facilities, including Science, Technology, Engineering and Math (STEM) program facilities, and furnish and equip the same
  • • Construct or acquire and install additional classroom buildings to accommodate growth, and furnish and equip such classroom buildings
  • • Construct school library, and furnish and equip such library
  • • Install and maintain exterior lighting
  • • Paint exterior and interior of site buildings

San Jacinto Elementary School

  • • Replace portables with permanent classroom buildings, including Preschool, and furnish and equip such classroom buildings
  • • Renovate student play fields for safety
  • • Acquire and install new play structures and equipment
  • • Construct or acquire and install exterior shade shelters

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Edward Hyatt Elementary School

  • • Replace portables with permanent classroom buildings, and furnish and equip such classroom buildings
  • • Construct or acquire and install additional classroom buildings to accommodate growth, and furnish and equip such classroom buildings
  • • Construct/expand school library, and furnish and equip such library
  • • Construct new preschool building, and furnish and equip such building
  • • Construct or acquire and install exterior shade shelters
  • • Renovate, rehabilitate, re-configure, expand and/or upgrade administrative and student support facilities, and furnish and equip the same
  • • Acquire and install new play structures and equipment
  • • Paint exterior and interior of site buildings

Park Hill Elementary School

  • • Replace portables with permanent classroom buildings, and furnish and equip such classroom buildings
  • • Replace/upgrade plumbing, electrical, mechanical systems and plant/classroom repairs
  • • Replace site water system
  • • Improve, reconfigure, expand or construct parking/student drop-off areas, and improve campus ingress and egress to improve traffic flow and safety
  • • Construct or acquire and install exterior shade shelters
  • • Acquire and install new play structures and equipment
  • • Paint exterior and interior of site buildings

De Anza Elementary School

  • • Replace portables with permanent classroom buildings, and furnish and equip such classroom buildings
  • • Replace/upgrade plumbing, electrical, mechanical systems and plant/classroom repairs
  • • Replace site water system
  • • Improve, reconfigure, expand or construct parking/student drop-off areas, and improve campus ingress and egress to improve traffic flow and safety
  • • Construct or acquire and install exterior shade shelters
  • • Acquire and install new play structures and equipment
  • • Paint exterior and interior of site buildings

Jose Antonio Estudillo Elementary School

  • • Construct or acquire and install exterior shade canopy or shelters
  • • Acquire and install new play structures and equipment
  • • Paint exterior and interior of site buildings

Megan Cope Elementary School

  • • Construct or acquire and install exterior shade canopy or shelters
  • • Acquire and install new play structures and equipment
  • • Paint exterior and interior of site buildings

Clayton A. Record Elementary School

  • • Replace/upgrade plumbing, electrical, mechanical systems and plant/classroom repairs
  • • Acquire and install new play structures and equipment
  • • Paint exterior and interior of site buildings

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NEW SCHOOL PROJECT

Acquisition and construction of a new school and related facilities, designed to house approximately 1,000 to 1,500 students, including:

  • • Acquisition of sites and any rights-of-way and easements made necessary by construction of such facilities
  • • Construction of classrooms, school support/counseling offices, cafeterias, multipurpose instructional/assembly facilities, physical education/ sports facilities, school grounds, science, technology and computer labs, library and restrooms
  • • Associated onsite and offsite development and other improvements made necessary by construction of such facilities
  • • Planning, designing, and constructing the school and related facilities, including costs related to construction services, architectural design, engineering, site inspection and testing services and plan review fees
  • • Acquisition and installation of furnishings and equipment related to the newly constructed facilities

MISCELLANEOUS

The bond projects include the following as needed:

  • • Planning, designing and providing temporary housing necessary for listed bond projects
  • • The inspection, sampling and analysis of grounds, buildings and building materials to determine the presence of hazardous materials or substances, including asbestos, lead, etc., and the encapsulation, removal, disposal and other remediation or control of such hazardous materials and substances
  • • The inspection and analysis of grounds, buildings and structures to assess health and safety risks to students, faculty, staff, parents and the public and compliance with local, state and federal building, health, safety, access and other related requirements, including seismic safety requirements, Field Act requirements and access requirements of the Americans with Disabilities Act (ADA), and the improvement, correction, repair or renovation of such grounds, buildings and structures or portions thereof identified as such health and safety risks or acquire, install and/or construct other improvements to comply with such laws and requirements
  • • Necessary onsite and offsite preparation or restoration in connection with new construction, renovation or remodeling, or installation or removal of relocatable buildings, including demolition of structures; removing, replacing, or installing irrigation, drainage, utility lines (gas, water, sewer, electrical, data and voice, etc.), trees and landscaping; relocating fire access roads
  • • Address other unforeseen conditions revealed by construction, renovation or modernization (including plumbing or gas line breaks, dry rot, seismic and structural deficiencies, etc.)
  • • Furnishing and equipping of school facilities; furnishing and equipping shall include initial purchases, and scheduled and necessary replacements, upgrades and updating of technology
  • • All and work to the listed bond projects
  • • Acquisition of all or a portion of any school site or facility, or an interest therein, or

Approval of Measure Y does not guarantee that the proposed project or projects in the San Jacinto Unified School District that are the subject of bonds under Measure Y will be funded beyond the local revenues generated by Measure Y. 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.

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

Measure Y Tax Rate Statement

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MEASURE "Y"

TAX RATE STATEMENT

An election will be held in the San Jacinto Unified School District (the "District") on November 8, 2016, to authorize the sale of up to $44,900,000 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 multiple series over time. Principal and interest on the bonds will be payable from the proceeds of tax levies made 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 $0.039 per $100 ($39.00 per $100,000) of assessed valuation in fiscal year 2017-18.

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 $0.039 per $100 ($39.00 per $100,000) of assessed valuation in fiscal year 2025-26.

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 $0.039 per $100 ($39.00 per $100,000) of assessed valuation, which is projected to be the same in every fiscal year that the bonds remain outstanding.

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 $98,780,000.

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.

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: August 9, 2016.

By: Diane Perez
Superintendent of Schools
San Jacinto Unified School District

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

 


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