Evergreen Union Schools: Vote Yes on Measure L Bonds - Tehama County - 2016 general Election
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  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Commentary on Measure L

VOTER ALERT!

This measure is a Proposition 46 measure requiring two-thirds voter approval. It is written as if it were a Proposition 39 (55%) measure and includes many, many things that are allowable under Proposition 39, but not under Proposition 46. Proposition 46 limits the use of bond proceeds to the "aquisition or improvement of real property." Improvement of real property does not include maintenance and repair. Furthermore, Proposition 39 allows bond funds to be spent on furnishings and equipment which Proposition 46 does not permit.

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 L Question

To repair/upgrade and reduce overcrowding at Evergreen Elementary School and Evergreen Middle School facilities, support programs in math, science, technology and arts education, improve student safety/security with funding that the State can't take away, shall Evergreen Union School District construct additional classroom buildings on the Evergreen Middle School campus, acquire, renovate, and reconfigure facilities, by issuing $12,000,000 in bonds at legal rates, with , no administrators' salaries, and all funds staying local, benefitting our neighborhood schools and students?

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Impartial Analysis for Measure L

52-510 *52510*

IMPARTIAL ANALYSIS BY COUNTY COUNSEL
EVERGREEN UNION SCHOOL DISTRICT
BOND MEASURE L

Measure "L," an Evergreen Union School District ("District") bond measure, seeks voter approval to authorize the District to issue up to $12,000,000 of bonds to finance certain school facilities projects. Under the applicable provisions of state law, this measure will become effective upon the affirmative vote of two-thirds (2/3) of the qualified electors voting on this measure. (Certain school bonds have a lower approval threshold of 55%. This measure was not proposed under those provisions.)

Upon voter approval, the principal and interest on the bonds would be paid by tax levies made upon the taxable property in the District. The tax will be levied at such rates and for so long as may be required to meet the debt service needs of the bonds. The Tax Rate Statement for Measure L in this sample ballot pamphlet reflects the District's best estimates of the property tax rates required to service the bonds. The best estimate of the highest tax rate required, during the first fiscal year after sale of the bonds, is $0.084 per $100.00 of assessed valuation ($84 per $100,000). (The average tax rate over the entire life of the bonds is estimated to be lower, $0.054 per $100.00 of assessed valuation ($54 per $100,000).)

The measure provides that proceeds from the sale of the bonds will generally be used to improve safety and security at its campuses; construct, renovate and reconfigure its elementary and middle school facilities to address overcrowding, and the need for meeting modern requirements for math, science, technology and arts education. The District's project list can be found in the full text of the measure and reviewed for further details. Inclusion of a particular project on the project list, however, is not a guarantee that the project will actually be funded or completed. Further, certain projects may require state matching funds for implementation. Approval of the District's bond measure does not guarantee that such state funding will be available.

If the measure is approved the District's Board of Trustees would establish an independent citizens' oversight committee to ensure that bond proceeds are spent for the projects listed in the measure. The Board would also conduct annual, independent performance and financial audits.

Issuance of all the authorized bonds might require the outstanding debt of the District to exceed its statutory bonding limit of 1.25% of the total assessed valuation of taxable property in the District. Should this occur, the District will need to seek a waiver from the State Board of Education. Approval of these bonds authorizes the District to seek the waiver, if necessary.

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.

ARTHUR J. WYLENE
COUNTY COUNSEL

By: s/ Trisha C. Weber
Deputy County Counsel

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Argument in Favor of Measure L

52-511 *52511*

ARGUMENT IN FAVOR OF MEASURE L

Every child deserves to learn in safe, quality school facilities. Help make it true for the children of our community. Vote yes on Measure L for Evergreen neighborhood schools.

Evergreen Union School District schools have educated generations of local children. It's been 25 years since we passed a bond to upgrade our Evergreen schools. Although well maintained, our school facilities have grown old, overcrowded and overdue for repairs and upgrades. The state of our classrooms, facilities and technology is impacting teaching and learning. Our children deserve the best facilities and learning environment we can provide.

Our school district makes every effort to use resources wisely. But NO other funding currently exists to properly upgrade these facilities. The longer we wait to make these improvements the more expensive it will be.

Measure L provides a prudent, responsible plan to address only the most critical Evergreen USD facilities needs.

Measure L will:

  • Repair/replace deteriorated roofs, plumbing, restroom facilities and electrical systems.
  • Improve school safety/security systems and disabled access.
  • Upgrade technology infrastructure to support programs in science, math, reading and arts to prepare students to excel in high school, college and careers.
  • Construct new classrooms and high school facilities to relieve overcrowding.
  • Keep schools safe, clean and well maintained.

ALL Measure L funds stay IN Evergreen FOR Evergreen K-12 schools. The State CANNOT take this funding away.

Taxpayer protections are REQUIRED. Independent Citizens' Oversight and mandatory audits ensure funds are spent properly.

Whether or not you have school-age children, protecting the local quality of education is a wise investment. Good schools protect property values and keep our community strong.

Please join teachers, parents, businesses, community leaders, and residents throughout Evergreen in VOTING YES for safe, quality schools.

VOTE YES on Measure L.

s/ Roxanne Vine
4-H Community Co-Leader

s/ Leslie Wilcox
EFT President

s/ Tammy Padilla
Parent

s/ Greg Baker
School Board Member

s/ Kelsie Brown
Community Member

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Argument Against Measure L

No argument against was submitted.

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Full Text of Measure L

52-509 *52509*

FULL TEXT OF BOND MEASURE OF THE
EVERGREEN UNION SCHOOL DISTRICT
BOND MEASURE L

INTRODUCTION

The Evergreen Union School District serves a population of approximately 1,000 students in three schools two elementary schools and one middle school plus two state preschools and a home school program. The District has aging schools, and it faces other challenges to its capacity to adequately house all of its students. The District intends to address the ongoing need for a high school classroom building on the Evergreen Middle School campus. The District also has a need for the improvement of safety and security at its campuses. Finally, pursuant to its facilities master plan, the District intends to construct, renovate, and reconfigure its elementary and middle school facilities to address overcrowding, and the need for meeting today's requirements for math, science, technology and arts education. A much larger, and much longer term solution to address issues of growth, equity and facilities upgrades and modernization, will be consideration of the District asking the voters to approve a General Obligation Bond.

The State of California requires a local match, funded primarily through local, general obligation bonds, for school districts wishing to pursue matching state funds for the upgrade or replacement of school buildings and facilities. The millions of dollars potentially available through the State match allows local taxpayers to benefit from the tax dollars they already pay to Sacramento.

It is imperative that our students are housed in safe schools. In addition, our students would benefit from complete, comprehensive, and efficient schools. We need to act locally to build safe and modern schools to ensure our students have the educational opportunities they deserve.

BONDS

To repair/upgrade and reduce overcrowding at Evergreen Elementary School and Evergreen Middle School facilities, support programs in math, science, technology and arts education, improve student safety/security with funding that the State can't take away, shall Evergreen Union School District construct additional classroom buildings on the Evergreen Middle School campus, acquire, renovate, and reconfigure facilities, by issuing $12,000,000 in bonds at legal rates, with independent oversight, no administrators' salaries, and all funds staying local, benefitting our neighborhood schools and students?

BONDS MAY BE ISSUED IN EXCESS OF THE 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 1.25% of the total assessed valuation of taxable property in the District. In that event, the 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 1.25% limit as the State Board of Education may approve. No such waiver has yet been sought or granted.

SCHOOL FACILITIES PROJECTS TO BE FUNDED FROM BOND PROCEEDS

As required by the California Constitution, the proceeds from the sale of the bonds will be used only for the purposes authorized under Article XIIIA of the California Constitution, including acquisition or improvement of real property for school facilities, as more specifically set forth in this Bond Measure, and costs incident thereto. when performing work on or to the bond projects.

The scope of specific projects, the order of construction, and their completion is contingent on final project costs and the availability of needed funds. Further, such projects are of the type that issuing the authorized general obligation bonds as stated will not cause the State to reduce any financial hardship contribution that would otherwise be available to the District had these bonds not been authorized, issued, and or expended for their stated purpose.

These projects may include participation in the State Facility Program's Joint-Use Program to gain matching funds for teacher education, multi-purpose rooms, gymnasiums, libraries, childcare, and other qualifying Joint-Use facilities. With respect to such joint-use projects, the bond funds authorized by this Measure may be used to pay all of the local share needed to qualify the projects for special State matching funds under the State Facility Program's Joint-Use Program requirements.

ACCOUNTABILITY MEASURES

If the bonds are approved, the Board of Trustees will implement the following accountability measures in accordance with State law:

  1. (a) use the bond proceeds only for the purposes authorized under Article XIIIA, including those purposes allowed by the Constitution as set forth in section 15100 of the Act that comprise the acquisition or improvement of real property, as more specifically set forth herein and in the Bond Measure, and costs incident thereto, and not for any other purpose, including salaries and other routine school operating expenses;
  2. (b) conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the projects and uses permitted by law, as described in paragraph (a) above;
  3. (c) conduct an annual, independent financial audit of the proceeds from the sale of the Bonds until all of those proceeds have been expended for school facilities projects and uses permitted by law, as described in paragraph (a) above; and
  4. (d) establish and appoint members to an independent citizens' oversight committee in accordance with sections 15278, 15280, and 15282 of the California Education Code.

STATE MATCHING FUNDS

California Education Code section 15122.5 requires the following statement to be included in this sample ballot:

"Approval of this bond measure does not guarantee that the proposed projects in the Evergreen Union School District that are the subject of bonds under this measure will be funded beyond the local revenues generated by this bond measure. The school district's proposal for certain of the projects assumes the receipt of matching state funds, which are subject to appropriation by the Legislature or approval of a statewide bond measure."

ANNUAL TAX AMOUNT, RATE, AND DURATION

The bonds shall bear interest at an annual rate not exceeding the statutory maximum. The maturity of the bonds shall not exceed the maximum term allowed by law at the time of issuance (currently 25 years if issued under Education Code section 15140, or 40 years if issued under Government Code section 53508, so long as the bonds are not capital appreciation bonds ("CABs," which CABs are limited to 25 years)). Accordingly, as further set forth in the tax rate statement, the ad valorem tax will be levied at such rates and for so long as may be required to meet the debt service needs of the bonds proposed to be issued, including such bonds that may be issued to refund any approved bonds.

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Measure L Tax Rate Statement

TAX RATE STATEMENT
EVERGREEN UNION SCHOOL DISTRICT
BOND MEASURE L

An election will be held in the Evergreen Union School District (the "District") on November 8, 2016, to authorize the sale of up to $12 million in bonds of the District for the specific school facilities projects described in the proposition. If the bonds are authorized, the District expects to sell the bonds in one or more series. 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 9400-9404 of the California Elections Code.

(1) The best estimate of the tax rate that would be required to be levied to fund the bonds 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, is $0.084 per $100 of assessed valuation ($84 per $100,000 of assessed valuation) in fiscal year 2017-18.

(2) The best estimate of the tax rate that would be required to be levied to fund the bonds 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, is $0.084 per $100 of assessed valuation ($84 per $100,000 of assessed valuation) in fiscal year 2017-18.

(3) The best estimate of the highest tax rate that would be required to be levied to fund the bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.084 per $100 of assessed valuation ($84 per $100,000 of assessed valuation) in fiscal year 2017-18.

(4) The best estimate of the average tax rate which would be required to be levied to fund the bonds during the life of the bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.054 per $100 of assessed valuation ($54 per $100,000 of assessed valuation).

(5) 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 $19,900,000 ($12,000,000 of principal and $7,900,000 of interest).

This estimate is based on assumptions regarding future interest rates and the term, timing, structure and amount of each series of bonds.

Voters should note that such estimated tax rates are specific to the repayment of bonds issued under this authorization and are and will be in addition to tax rates levied in connection with other bond authorizations approved or to be approved by the District or any other overlapping public agency.

Voters should note that estimated tax rate is based on the ASSESSED VALUE of taxable property on Tehama County's official tax rolls, not on the property's market value. Property owner should consult their own property tax bills 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 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 the 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. 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 Tehama County Assessor in the annual assessment and the equalization process.

Dated: 7-13-16

s/ Brad Mendenhall
Superintendent
Evergreen Union School District

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