Commentary on Measure A

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, hover overCriticalExample commentary. it to see the commentary.

Measure A Question

EXHIBIT A-I

ABBREVIATION OF THE MEASURE

To repair and rehabilitate San Francisco Unified School District facilities to current accessibility, health, safety, seismic and instructional standards, replace worn-out plumbing, electrical, HVAC, and major building systems, renovate outdated classrooms and training facilities, construct school facilities and replace aging modular classrooms, improve information technology systems and food service preparation systems, shall the San Francisco Unified School District issue bonds in an amount not to exceed $744,250,000 at legal rates, with annual audits, and citizen's oversight? and no money for school administrators' salaries?

[74 words]

Impartial Analysis for Measure A

Digest by the Ballot Simplification Committee

The Way It Is Now: The San Francisco Unified School District (School District) builds, maintains, upgrades and repairs its facilities. The funds come primarily from voter-approved bond measures, local parcel taxes and developer fees. The San Francisco Board of Education oversees the School District and appoints a superintendent of schools, who is responsible for day-to-day administration of the district.

Under State law, before a school district can issue general obligation bonds, voters must be given a list of school facilities that will benefit from those bond funds. State law also requires school districts issuing those bonds to create an independent citizens' oversight committee and to conduct annual, independent audits. State law prevents school districts from using bond funds for teacher and administrator salaries or operating expenses.

The Proposal: Proposition A would authorize the School District to borrow up to $744,250,000 by issuing general obligation bonds. These funds may be used to repair and upgrade any School District site to:

• • address health and safety risks by making seismic upgrades, improving accessibility for people with disabilities, fixing damaged buildings and removing hazardous materials;
• • construct new schools;
• • repair and replace major building systems, including electrical, heating, water, sewer, lighting, security and fire sprinkler systems;
• • modify building interiors, such as classrooms, and exteriors, such as playgrounds, fences and gates, fields and bleachers, and landscaping;
• • add or expand existing classrooms or school buildings and make technology upgrades;
• • build or renovate common, administrative or athletic areas such as kitchens, theaters, auditoriums, gymnasiums, locker rooms and offices;
• • replace temporary classroom facilities with permanent structures;
• • incorporate environmentally sustainable design in the outdoor areas at certain sites; and
• • perform other work necessary to comply with any applicable codes or regulations.

The School District may use up to $100 million of bond funds to renovate or construct classroom, rehearsal or performance spaces for the District Arts Center, including relocating the Ruth Asawa School of the Arts. The School District may also use up to $5 million to fund construction of below-market-rate housing for teachers and other education professionals.

The School District would create an independent citizens' oversight committee to report to the public about the use of bond funds. The Board of Education would also conduct an annual, independent audit regarding the use of these bond funds.

Proposition A would authorize an increase in the property tax to pay principal and interest on the bonds. This measure requires the approval of 55% of the votes cast.

A "YES" Vote Means: If you vote "yes," you want the School District to issue up to $744,250,000 in general obligation bonds to improve, repair and upgrade School District sites, and to construct new school facilities.

A "NO" Vote Means: If you vote "no," you do not want the School District to issue these bonds.

Controller's Statement on "A"

City Controller Ben Rosenfield has issued the following statement on the fiscal impact of Proposition A:

Should the proposed $744.25 million in bonds be authorized and sold under current assumptions, the approximate costs will be as follows:

• • In fiscal year (FY) 2017–2018, following issuance of the first series of bonds, and the year with the lowest tax rate, the best estimate of the tax required to fund this bond issue would result in a property tax rate of $0.0099 per $100 ($9.90 per $100,000) of assessed valuation.
• • In FY 2020–2021, following issuance of the last series of bonds, and the year with the highest tax rate, the best estimate of the tax required to fund this bond issue would result in a property tax rate of $0.0249 per $100 ($24.90 per $100,000) of assessed valuation.
• • The best estimate of the average tax rate for these bonds from FY 2017–2018 through 2040–2041 is $0.0159 per $100 ($15.90 per $100,000) of assessed valuation.
• • Based on these estimates, the highest estimated annual property tax cost for these bonds for the owner of a home with an assessed value of $600,000 would be approximately $149.40

These estimates are based on projections only, which are not binding upon the City. Projections and estimates may vary due to the timing of bond sales, the amount of bonds sold at each sale, and actual assessed valuation over the term of repayment of the bonds. Hence, the actual tax rate and the years in which such rates are applicable may vary from those estimated above.

How "A" Got on the Ballot

On June 28, 2016, the San Francisco Board of Education voted 7 to 0 to place Proposition A on the ballot.

This measure requires 55% affirmative votes to pass.

Argument in Favor of Measure A

Proponent's Argument in Favor of Proposition A

Proposition A Will Fix and Strengthen Our Schools

The San Francisco Unified School District has made great progress over the last decade. Test scores are up, the achievement gap is narrowing, and over 100 schools have been renovated, making them safer and more accessible. San Francisco schools serve nearly 60,000 students from pre-kindergarten through 12th grade in 143 buildings, some of which are the oldest buildings in the state. Many of these schools desperately need upgrading to meet 21st century safety and accessibility standards.

San Francisco needs Proposition A to:

• • Complete seismic safety and modernization projects to make all schools and other district facilities earthquake safe, energy efficient, and ready to provide state-of-the-art education;
• • Build new schools and classrooms to accommodate a growing student population while keeping class sizes small;
• • Kick start development of a new SFUSD Arts Center and Ruth Asawa School of the Arts to preserve and promote music and art at the center of the curriculum;
• • Invest in technology improvements including installing ultra-high-speed Wi-Fi for all classrooms to enable 21st century learning;
• • Maintain and expand the district's wildly successful green schoolyards program to 91 school sites;
• • Explore methods for developing affordable housing for teachers.

The bond program has been meticulously run by a professional management team and, since its development, construction has stayed on schedule and on budget. The District kept its promise to manage funding from past bonds appropriately under the guidance of the independent Citizens' Bond Oversight Committee, which is comprised of educators, parents, and youth advocates. Annual audits found that we have met or exceeded all requirements and are in excellent financial standing.

San Franciscans have consistently recognized that our schools need critical upgrades and have supported the District's bond program. Please join us in continuing this by supporting Proposition A.

Rebuttal to Argument in Favor of Measure A

Rebuttal to Proponent's Argument in Favor of Proposition A

Even Superintendent Carranza conceded he doesn't know where families will move to and how the economy will look in the future. Let the Board of Education figure out if a new school is really needed and where and then ask for a bond–not the other way around.

Don't count on a new SFUSF Arts Center & Ruth Asawa School being built any time soon. The project has been in limbo for years over funding and costly government rules. The $100 million allocated towards the project in this bond won't even cover 1/3 of the estimated cost-if it's built at all. Yet somehow the SFUSF found the money to hire a new Executive Director for Creativity & The Arts to "kick start" the project.

"Explore methods" for developing affordable housing for teachers?! You don't need a bond for that. The politicians have already been "exploring" for years and have only made housing more expensive for everyone.

The Citizens Oversight Committee's job is to ensure that all requirements of the bond are met in order to be in compliance. This bond measure is different from the last one. While much of the wording is the same verbatim, some of the "will's" were changed to "may's". The way this bond measure is written, we would be surprised if it didn't pass audit–and still accomplished little of what it promised.

Vote NO on A—they'll be back again in a few years "desperately" needing more bond money.

Argument Against Measure A

Opponent's Argument Against Proposition A

In 2011, the Board of Education asked voters to approve a $531 million bond measure. They stated in the Voter Handbook that it would be the "third and final" request for funds to modernize San Francisco schools.

In our opposition argument, we cautioned voters not to believe it. Now five years after that "final" request, they are seeking another bailout to the tune of almost $1.5 billion, with no firm guarantees on how the money will be spent.

Per the text of Proposition A, "Until all project costs and funding sources are known, the Board of Education cannot determine the amount of bond proceeds available to be spent on each project, nor guarantee that the bonds will provide sufficient funds to allow completion of all listed projects."

The proposition uses the word "may" (not "shall") 26 separate times. Letting them again spend as they please, including on things that should be covered by operating funds, like "green schoolyards" and $5 million for teacher housing (which at $750,000 per unit would only yield 6.67 units).

School bonds are for one-time major capital expenditures like constructing new school buildings or buying land for the same. Instead, they're making a routine habit of deferring maintenance and then expecting to cover these costs with expensive borrowing.

What would you tell a grade-school child who came home and said, "I spent some of the money you gave for the upcoming field trip on extra cookies at lunch so I had to borrow some from Johnny, but he's making me pay back double what I borrowed so I need some more cash mom"?

A responsible parent might consider teaching a lesson by saying no to the field trip. Vote NO on A.

Rebuttal to Argument Against Measure A

Rebuttal to Opponent's Argument Against Proposition A

San Francisco is United in Its Support for Proposition A

San Franciscans have an opportunity to come together and support our public schools. While our school district is moving in the right direction, there is still much to accomplish.

A YES vote on Proposition A will fix and strengthen our classrooms and school district. Proposition A will fix and modernize school facilities, making them earthquake safe, energy efficient, and ready to provide state-of-the-art education. Prop A strengthens our district by investing in much needed improvements to school technology, building two new schools, and developing the new SFUSD Arts Center and Ruth Asawa School of the Arts. Annual audits and independent citizen oversight will ensure all funds are spent as promised.

Parents, students, teachers, school employees, the School Board, and administrators are supporting Proposition A because it will provide good, safe schools for everyone.

The San Francisco Chamber of Commerce, SPUR, and technology industry leaders support Proposition A because it will modernize our schools with ultra-high-speed Wi-Fi, along with other technological advances that will solidify our investment in our children's future.

The San Francisco Democratic Party and the San Francisco Labor Council have endorsed Proposition A because it will provide opportunities for everyone including expanding the successful green schoolyards program at 91 school sites and a housing plan for our teachers.

To get more information about Proposition A go to: yesonsfschools.com

Vote Yes on Proposition A to fix and strengthen our schools.

Full Text of Measure A

EXHIBIT A-II

FULL TEXT OF THE MEASURE

BEGINNING OF FULL TEXT OF MEASURE---------->>>>>>

FULL TEXT BALLOT PROPOSITION
OF THE SAN FRANCISCO UNIFIED SCHOOL DISTRICT
ELECTION NOVEMBER 8, 2016

This Proposition may be known and referred to as the "San Francisco Unified School Improvement Bond" or as "Measure ____". [letter designation to be assigned by County Registrar of Voters]

BOND AUTHORIZATION

By approval of this proposition by at least 55% of the registered voters voting on the proposition, the San Francisco Unified School District (the "District") shall be authorized to issue and sell bonds of up to $744,250,000 in aggregate principal amount to provide financing for the specific school facilities projects listed in the Bond Project List, and in order to qualify to receive State 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 District's voters and taxpayers may be assured that their money will be spent wisely to address specific facilities needs of the District, all in compliance with the requirements of Article XIII A, Section 1(b)(3) of the State Constitution, and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Education Code Sections 15264 and following).

Evaluation of Needs. The Board of Education hereby certifies that it has evaluated the facilities needs of the District, and the priority of addressing each of these needs. In the course of its evaluation, the Board of Education took safety, class size reduction and information technology needs into consideration while developing the Bond Project List.

Limitation on Use of Bond Proceeds. The State of California does not have the legal authority to take locally approved school district bond funds for any State purposes. The Constitution allows proceeds from the sale of bonds authorized by this proposition to be used only for the construction, reconstruction, rehabilitation, or replacement of school facilities listed in this proposition, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities, and not for any other purpose, including teacher and administrator salaries and other school operating expenses. Proceeds of the bonds may be used to pay or reimburse the District for the cost of District staff only when performing work on or necessary and incidental to the bond projects.

Independent Citizens' Oversight Committee. The Board of Education shall establish an independent Citizens' Oversight Committee (pursuant to Education Code Section 15278 and following), to ensure bond proceeds are spent only for the school facilities projects listed in the Bond Project List. The committee shall be established within 60 days of the date on which the Board of Education enters the election results on its minutes.

Annual Performance Audits. The Board of Education 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.

Annual Financial Audits. The Board of Education shall conduct an annual, independent financial audit of the bond proceeds (which shall be separate from the District's regular annual financial audit) until all of those proceeds have been spent for the school facilities projects listed in the Bond Project List.

Special Bond Proceeds Account; Annual Report to Board. Upon approval of this proposition and the sale of any bonds approved, the Board of Education shall take actions necessary pursuant to Government Code Section 53410 and following 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 or the Chief Business Officer of the District (or such other employee as may perform substantially similar duties) shall cause a report to be filed with the Board no later than April 1 of each year, commencing April 1, 2018, stating (1) the amount of bond proceeds received and expended in that year, and (2) 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 such officer shall determine, and may be incorporated into the annual budget, audit, or other appropriate routine report to the Board.

FURTHER SPECIFICATIONS

Specific Purposes. 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 shall constitute the specific purposes of the bonds, and proceeds of the bonds shall be spent only for such purposes, pursuant to Government Code Section 53410.

Joint Use. The District may enter into agreements with the City and County of San Francisco or 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 of Education shall determine.

Rate of Interest. The bonds shall bear interest at a rate per annum not exceeding the statutory maximum, payable at the time or times permitted by law.

Term of Bonds. The number of years the whole or any part of the bonds are to run shall not exceed the legal limit, though this shall not preclude bonds from being sold which mature prior to the legal limit.

PROJECT LIST

The Bond Project List below describes the specific projects the San Francisco Unified School District proposes to finance with proceeds of voter approved bonds. Listed projects will be completed as needed at a particular District site according to District Board of Education-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. The final cost of each project will be determined as plans are finalized, construction bids are awarded, and projects are completed.Certain construction funds expected from non-bond sources, including State grant funds for eligible projects, have not yet been secured. Until all project costs and funding sources are known, the Board of Education cannot determine the amount of bond proceeds available to be spent on each project, nor guarantee that the bonds will provide sufficient funds to allow completion of all listed projects. Completion of some projects may be subject to further government approvals by State officials and boards, to local environmental review, and to input from the public. For these reasons, inclusion of a project on the Bond Project List is not a guarantee that the project will be funded or completed. In order to provide flexibility should additional efficiencies be realized or should Board priorities change, the Bond Project List contains more projects than the District currently estimates the Bonds can fund. The Board may undertake new construction, reconstruction, rehabilitation, demolition, the acquisition of real property, furnishing or equipping of school facilities, or replacement to complete each or any of the projects listed below as may be determined desirable by the District at the time the project is undertaken. Any authorized repairs shall be capital expenditures. The project list does not authorize non-capital expenditures. The Board of Education may make changes to the Bond Project List in the future consistent with the projects specified in the proposition. Section headings are not part of the project list and are provided for convenience only.

CONSTRUCTION, RECONSTRUCTION AND IMPROVEMENT

The following types of projects may be completed with proceeds generated by the proposed bond measure, any available State matching funds, as well as funds from any other sources:

• Areas identified as health and safety risks to students, faculty, staff, parents and others may be corrected, including, but not limited to, items, buildings, building systems, or other units of real property that are either damaged or have outlived their useful lives, and the remediation of hazardous materials.
• Major building systems may be improved, including, but not limited to, systems such as electrical (including wiring), HVAC, domestic water, sewers, building enclosure systems (including, but not limited to roofs, walls, windows and associated structural elements), lighting, floors, ceilings and walls, technology and data processing, clocks and bells, security, fire sprinkler, elevators, etc.
• Major common, administrative, and athletic areas, including, but not limited to, food service kitchens, theaters, auditoriums, gymnasiums, ancillary and administrative spaces and locker room facilities. All facilities undergoing renovation may, if needed, be painted inside and out.
• Earthquake-Safety Seismic upgrades.
• Necessary or desirable accessibility improvements including, but not limited to, ADA compliance.
• Computer technology upgrades including infrastructure wiring and equipment and telecommunication system upgrades and equipment.
• Interior modifications to reconfigure, modify, or modernize existing interior classroom and building spaces.
• Exterior modifications including, but not limited to, replacement or repair of all building exterior finishes and materials and exterior site work, playgrounds, play structures, fences and gates, fields and bleachers, hardscape and landscaping.
• Additions or expansions to existing classroom or school buildings to provide additional classrooms or other spaces.
• Replacement of temporary classroom facilities (e.g., aging modular classrooms) with permanent structures.
• Construct new schools.
• Work not specifically listed here, but required or recommended by any departments or agencies having jurisdiction.
• Work necessary for compliance with the Education Code, Health health and Safety Codes and Building Codes safety codes and building codes.

These projects are authorized at all current and future District sites, including, but not limited to:

GREEN SCHOOL YARDS

The District may use bond proceeds to continue its program of incorporating green design opportunities in the outdoor areas at certain District schools and as a way of providing an outdoor learning environment for students as specified. These funds may be used at the following priority District sites:

Green school yards funds are authorized to be spent at all current and future District owned K-12 school sites to create or expand outdoor learning environments.

ENERGY SUSTAINABILITY

The District may use bond proceeds, and, when possible, leverage matching grants and funds from other funding sources, to incorporate sustainable materials and products. These projects will seek to use renewable natural resources and/or to restore those resources that are being depleted so as to conserve our natural resources.Funds may be used at any facility named in the construction, reconstruction or improvement site list above.

NEW SCHOOL CONSTRUCTION

The District may acquire, construct, furnish, and equip new school facilities at one or more sites. The location of these sites shall be determined by the Board of Education and may include new schools in the following San Francisco Planning Neighborhoods: South of Market (e.g., Mission Bay), and the Bayview. No funds from this category shall be used to supplement the funds designated below for the District Arts Center at the 135 Van Ness/170 Fell Street site.

STUDENT NUTRITION AND FOOD SERVICE DELIVERY

The District may modernize or construct kitchens, including any necessary or incidental infrastructure, equipment, and/or site improvements to improve school meals, including, but not limited to, the creation of regional cooking kitchens to serve all District schools, food serving line upgrades, and cafeteria and dining space modernization at any current or future District site.

TECHNOLOGY UPGRADES

The District may improve information technology infrastructure and equipment at all current and future District sites, including, but not limited to, upgrades of core, school site local, and wide area networks; telecommunication system upgrades; development of redundant internet connection systems; disaster recovery; security; and other technology devices, systems, and equipment.

DISTRICT ARTS CENTER AT 135 VAN NESS AVENUE/170 FELL STREET

The District may use up to $100 million of bond proceeds to renovate, reconstruct, construct new classroom, rehearsal and performance spaces, furnish and equip the facility at 135 Van Ness Avenue/170 Fell Street for use as the District Arts Center, including relocation of the Ruth Asawa School of the Arts.

TEACHER HOUSING DISTRICT CONTRIBUTION

The District may use up to $5 million to contribute, as permitted by law, to the construction of below market rate housing for teachers or other educational professionals employed by the District at a site or sites to be determined by the Board of Education.

Incidental Work Authorized At All Sites
(at which Projects listed above are undertaken)

Each project listed above includes allocable costs such as election and bond issuance costs to the extent permitted by law; architectural, engineering, inspection and similar planning costs; construction management (whether by the District or a third-party); annual financial and performance audits; a contingency for unforeseen design and construction costs; and other costs necessary, incidental, or related to the completion of the listed projects and otherwise permitted by law, including but not limited to:

• ·Remove hazardous materials, e.g., asbestos, lead, etc., if necessary or desirable.
• ·Address unforeseen conditions revealed by construction/modernization (e.g., plumbing or gas line breaks, dry-rot, seismic, structural, etc.).
• ·Other improvements required to comply with building codes.
• ·Furnishing and equipping:

  –of newly constructed classrooms and facilities,
  –replace worn/broken/out of date furniture and equipment.

• ·Acquisition of any of the facilities on the Bond Project List through temporary lease, lease-lease-back, or lease-purchase arrangements, execution of a purchase option under a lease for any of these authorized facilities, or prepayment of lease payments.
• ·Demolition of existing facilities and reconstruction of facilities scheduled for modernization, if the Board of Education determines that such an approach would be more cost-effective in creating more enhanced and operationally efficient campuses.
• ·Rental or construction of temporary classrooms (including modular classrooms), and rental or construction of temporary locations, as needed to house students or administrative offices during construction.
• ·Necessary site preparation/restoration in connection with new construction, renovation or remodeling, or installation or removal of modular classrooms, including ingress and egress, removing, replacing, or installing irrigation, utility lines, trees and landscaping, relocating fire access roads, and acquiring any necessary easements, licenses, or rights of way to the property.

The Bond Project List shall be considered a part of this ballot proposition, and shall be reproduced in any official document required to contain the full statement of the bond proposition.

<<<<<----------END OF FULL TEXT OF MEASURE.

Measure A Tax Rate Statement

EXHIBIT B

TAX RATE STATEMENT

An election will be held in the San Francisco Unified School District (the "District") on November 8, 2016, to authorize the sale of up to $744,250,000 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 3 or more series over time. Principal and interest on the bonds will be payable from the proceeds of taxes levied 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 approximately 1 cent per $100 ($9.90 per $100,000) of assessed valuation in fiscal year 2016-2017.

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 2.49 cents per $100 ($24.90 per $100,000) of assessed valuation in fiscal year 2020-2021.

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 1.59 2.49 cents per $100 ($15.90 24.90 per $100,000) of assessed valuation in fiscal year 2040-2041.

4. The best estimate of the average tax rate that would be required to be levied to fund the bonds based on estimated assessed valuations available at the time of filing this statement is 1.59 cents per $100 of assessed value (or $15.90 per $100,000 of assessed value) for fiscal year 2017-18 to and including fiscal year 2040-2041.

4. 5. 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 $1,210,845,028.

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. The estimated rates presented above apply only to the taxes levied to pay bonds authorized by this measure. Additional taxes will be levied to pay bonds issued pursuant to previous, concurrent, and future authorizations by the District and/or any other local agency with an overlapping tax base.

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: __________, 2016.

Superintendent of Schools
San Francisco Unified School District

Measure A Resolution

RESOLUTION
OF THE BOARD OF EDUCATION
OF THE SAN FRANCISCO UNIFIED SCHOOL DISTRICT
CITY AND COUNTY OF SAN FRANCISCO, STATE OF CALIFORNIA

RESOLUTION NO. 166-14Sp1

RESOLUTION ORDERING SCHOOL BOND ELECTION IN AN AMOUNT NOT TO EXCEED $744,250,000 AND AUTHORIZING NECESSARY ACTIONS IN CONNECTION THEREWITH

________________________________

WHEREAS, the Board of Education (the "Board") of the San Francisco Unified School District (the "District") is authorized to order elections within the District and to designate the specifications thereof, pursuant to Sections 5304 and 5322 of the Education Code of the State of California (the "Education Code"); and

WHEREAS the Board is specifically authorized to order elections for the purpose of submitting to the electors the question of whether bonds of the District shall be issued and sold for the purpose of raising money for the purposes hereinafter specified, pursuant to Education Code Sections 15100 et seq.; and

WHEREAS, pursuant to Section 18 of Article XVI and Section 1 of Article XIII A of the California Constitution, and Section 15266 of the Education Code, school districts may seek approval of general obligation bonds and levy an ad valorem tax to repay those bonds upon a vote of at least 55% of those voting on a proposition for the purpose, provided certain accountability measures are included in the proposition; and

WHEREAS, the Board deems it necessary and advisable to submit a bond proposition to the electors which, if approved by 55% of the votes cast, would permit the District to issue its bonds; and

WHEREAS, such a bond election must be conducted concurrent with a statewide general election, general election, or special election, or at a regularly scheduled local election, as required by Section 15266 of the Education Code; and

WHEREAS, on November 8, 2016, a statewide general election is scheduled to be conducted throughout the District; and

WHEREAS, the District is located entirely within the City and County of San Francisco (the "County") and the San Francisco County Superintendent of Schools has jurisdiction over the District; and

WHEREAS, the District's boundaries have not changed since the June 7, 2016 Election; and

WHEREAS, pursuant to Education Code Section 15270, based upon a projection of assessed property valuation, the Board has determined that, if approved by voters, the tax rate levied to meet the debt service requirements of the bonds proposed to be issued will be less than $60 per year per $100,000 of assessed valuation of taxable property; and

WHEREAS, current estimates place the maximum projected tax rate levied to meet the debt service requirements of the bonds at approximately $25 per year per $100,000 of assessed valuation of taxable property; and

WHEREAS, Section 9400 et seq. of the Elections Code of the State of California (the "Elections Code") requires that a tax rate statement be contained in all official materials, including any ballot pamphlet prepared, sponsored or distributed by the District, relating to the election; and

WHEREAS, the Board of Education now desires to authorize the filing of a ballot argument in favor of the proposition to be submitted to the voters at the election; and

WHEREAS, if the project to be funded by the bonds will require State matching funds for any phase, the sample ballot must contain a statement, in form prescribed by law, advising the voters of that fact; and

WHEREAS, the Board of Education finds that completion of all or a portion of certain projects listed in the bond project list will not require State matching funds not yet received by the District;

NOW, THEREFORE, THE BOARD OF EDUCATION OF SAN FRANCISCO UNIFIED SCHOOL DISTRICT DOES HEREBY FIND, RESOLVE, DETERMINE AND ORDER, AS FOLLOWS:

1. Recitals. All of the above recitals are true and correct, and the Board so finds.

2. Specifications of Election Order. Pursuant to Education Code Sections 5304, 5322, 15100 et seq., and 15266, an election shall be held within the boundaries of the San Francisco Unified School District on November 8, 2016, for the purpose of submitting to the registered voters of the District the proposition contained in Exhibits A-I and A-II hereto.

3. Order of Election; Specifications of Ballot Measure; Abbreviation of Proposition: Pursuant to Section 13247 of the Elections Code and Education Code Sections 5322 and 15122, this Board of Education hereby directs the Registrar of Voters of the County (the "Registrar of Voters") to submit to the voters of the District at said election the proposition contained in Exhibit A-II hereto, and to use as the abbreviation of the bond proposition on the ballot the abbreviation contained in Exhibit A-I hereto.

4. Required Certification. The Board of Education hereby certifies that it has evaluated safety, class size reduction and information technology needs in developing the Bond Project List of the proposition contained in Exhibit A-II hereto.

5. Delivery of Order of Election and Tax Rate Statement to County Officers. As soon as practicable following adoption of this Resolution, and in any event no later than August 12, 2016 (which date is not fewer than 88 days prior to the date set for the election), the Secretary of this Board of Education is hereby directed to cause one copy of this Resolution to be filed (1) with the Clerk of the Board of Supervisors of the County, and (2) with the Registrar of Voters of the County. The copy filed with the Registrar of Voters shall include the Tax Rate Statement (in substantially the form attached hereto as Exhibit B), completed and signed by the Superintendent of the District.

6. Conduct of Election.

(a) Request to Registrar of Voters. Pursuant to Section 5303 of the Education Code, the Registrar of Voters is required to, and is hereby requested to, take all steps to hold the election in accordance with law and these specifications.

(b) Ballot and Voter Pamphlet. The Registrar of Voters is requested to cause the exact wording of the Abbreviation of the Measure contained in Exhibit A-I to appear on the ballot, and to print the Full Text of the Measure contained in Exhibit A-II in the voter information pamphlet to be distributed to voters pursuant to Section 13307 of the Elections Code. The full text of the measure is all that text in Exhibit A-II hereto between the indicators:

"BEGINNING OF FULL TEXT OF MEASURE---------->>>>>>" and

"<<<<<----------END OF FULL TEXT OF MEASURE."

(c) Consolidation. Pursuant to Education Code Section 15266(a), the election shall be consolidated with the statewide general election on November 8, 2016, and pursuant to Part 3 (commencing with Section 10400) of Division 10 of the Elections Code, the Registrar of Voters and the Board of Supervisors of the County are hereby requested to order consolidation of the election with such other elections as may be held on the same day in the same territory or in territory that is in part the same.

(d) Canvass of Results. The Board of Supervisors of the County is authorized to canvass the returns of the election pursuant to Section 10411 of the Elections Code.

(e) Required Vote. Pursuant to Section 18 of Article XVI and Section 1 of Article XIII A of the State Constitution, the proposition contained in Appendix A shall become effective upon the affirmative vote of at least 55% of those voters voting on the proposition.

(f) Election Costs. This Board of Education shall pay all costs of the election approved by the Board of Supervisors of the County, pursuant to Education Code Section 5421. The District may reimburse itself for these costs from bond proceeds.

7. No Requirement of State Matching Funds. The District has determined that the projects to be funded from the proposed bonds will not require State matching funds for any phase thereof, and that Section 15122.5 of the Education Code does not apply to the proposition, and accordingly, the Registrar of Voters is directed not to include the disclosure otherwise required by that section.

8. Ballot Arguments. The President of this Board, or any member or members of this Board as the President shall designate, is hereby authorized, but not directed, to prepare and file with the Registrar of Voters a ballot argument in favor of the proposition contained in Exhibit A hereof, within the time established by the Registrar of Voters, which shall be considered the official ballot argument of this Board as sponsor of the proposition.

9. Further Authorization. The members of this Board, the Superintendent, the Chief Facilities Officer, the General Counsel, and all other officers of the District are hereby authorized and directed, individually and collectively, to do any and all things that they deem necessary or advisable in order to effectuate the purposes of this resolution in accordance with the terms hereof and of applicable provisions of law.

10. Effective Date; Required Vote. This Resolution shall take effect upon its adoption by a two-thirds vote of the Board of Education.

PASSED AND ADOPTED this day, June 28, 2016, by the following vote:

AYES:

NOES:

ABSTAIN:

ABSENT:

APPROVED:

____________________________________
Matt Haney
President of the Board of Education of
the
San Francisco Unified School District

ATTEST:

___________________________________
Richard A. Carranza
Secretary of the Board of Education of the
San Francisco Unified School District

Superintendent's Proposal 166-14Sp1

SECRETARY'S CERTIFICATE

I, Secretary of the Board of Education of the San Francisco Unified School District, City and County of San Francisco, California, do hereby certify as follows:

The attached is a full, true and correct copy of a resolution duly adopted at a regular meeting of the Board of Education of the District duly held at the regular meeting place thereof on June 28, 2016, and entered in the minutes thereof, of which meeting all of the members of the Board of Education had due notice and at which a quorum thereof was present. The resolution was adopted by the following vote:

AYES:

NOES:

ABSTAIN:

ABSENT:

An agenda of said meeting was posted at least 72 hours before said meeting at 555 Franklin Street, San Francisco, California, a location freely accessible to members of the public, and a brief description of said resolution appeared on said agenda. A copy of said agenda is attached hereto.

I have carefully compared the same with the original minutes of the meeting on file and of record in my office. The resolution has not been amended, modified or rescinded since the date of its adoption, and the same is now in full force and effect.

Pursuant to Section 5 of said resolution, I have caused a certified copy thereof to be filed with the Clerk of the Board of Supervisors of the County.

WITNESS my hand this __ day of June, 2016.

Secretary, Board of Education
San Francisco Unified School District