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Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate Resolution
Are you sure you want vote to support this extravagant measure? It has no accountability.
This campaign was designed by Dale Scott & Co. We figured out just the right words to get you to you to open up your checkbook.
We'd also like to introduce you to our partners -- bond lawyers, brokers, wealthy investors, architects, management firms, construction companies, and trade unions. We all stand to make a ton of money on these bonds. Our profits come right off the top, before a penny is actually spent on improving the facilities.
We're not just doing it for the money. We like to show off our work in Architectural Digest and other places where the rich and famous congregate.
Remember, we've taken a lot of risk. We gave money to get your governing board members elected, so they'd be sure to remember us when we came around for a hand-out later.
It's just business-as-usual, here in sunny Corruptifornia.
Please don't read the fine print. That's just put in by the lawyers to make what we're going to do to for you legal.
When you see highlighting in the documents below, it to see the commentary.
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate Resolution
EXHIBIT A
SUMMARY OF BALLOT MEASURE
To upgrade local middle and high school classrooms, science labs, career training facilities, and technology infrastructure to support student achievement in math, science, engineering, English, social studies, visual/performing arts, technology, and skilled trades; acquire, renovate, construct/equip classrooms, sites/facilities; and improve school safety, security and disabled access; shall Santa Cruz City High School District issue $140 million in bonds at legal interest rates, with independent citizen oversight, annual audits, and all funds benefitting local middle and high schools.
Bonds – Yes____ Bonds – No ___
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate Resolution
Impartial analysis of Measure A
Dana McRae, County Counsel
By Jane M. Scott, Assistant County Counsel
If approved by at least fifty-five percent of those voting on the measure, this measure will authorize the Santa Cruz City High School District (the "District") to issue general obligation bonds in an aggregate principal amount not exceeding $140,000,000. The bonds would constitute an indebtedness of the District.
Payment of interest and principal relating to the bonds would be financed by an ad valorem tax levied on real property within the District. The Tax Rate Statement for Measure A which was provided by the District and is printed in this ballot pamphlet provides information about the estimated amount of that tax.
The money raised through the sale of the bonds may only be used by the District for the purposes stated in the ballot materials and not for any other purpose, such as teacher or administrator salaries or other operating expenses.
To ensure that the bond monies are expended for the approved purposes, the Board of Trustees of the District will cause an annual independent performance audit to be conducted. It will also cause an annual independent financial audit to be conducted, and the appointment of a citizens' oversight committee.
The interest rate paid on the bonds and their terms to maturity are not specified in the Resolution, although the maximum rate and number of years will be limited by State law.
This Measure will have no effect on existing levies.
This measure was placed on the ballot by the District's Board of Trustees.
A "yes" vote on Measure A is a vote to authorize the bonds to be issued and financed by ad valorem taxes levied on real property in the School District.
A "no" vote on Measure A is a vote against issuing the proposed bonds.
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate Resolution
Argument for Measure A
VOTE YES on Measure A to protect the outstanding quality of education that Santa Cruz City High School District (SCCHSD) provides to local students preparing for college, careers and successful lives.
Our local secondary schools - Harbor High, Santa Cruz High, Soquel High, and Branciforte and Mission Hill middle schools have educated generations of students, but they have grown old – really old. Our last bond passed eighteen years ago. Today, these schools are in constant use, struggling to keep pace with 21st century instruction. Especially now, as academic and college admissions standards are rising, facility upgrades are desperately needed.
Measure A authorizes a prudent, responsible plan to upgrade our secondary schools to keep the best teachers and properly prepare students for college and career success.
Measure A will:
Taxpayer safeguards are REQUIRED:
Passing Measure A qualifies SCCHSD to receive millions in State matching funds when they become available, leveraging local tax dollars even further.
Whether or not you have school-age children, voting to protect quality schools is a wise investment. Good schools help maintain property values and keep our community strong.
Please! Join teachers, parents, alumni and education leaders VOTING YES on Measure A - at the bottom of the ballot - for safe, modern Santa Cruz area middle and high schools.
RepairSantaCruzSchools.com
Pamela Comstock
Santa Cruz City Councilmember
Fred Keeley
Former County Treasurer
George Ow, Jr.
Business Leader
Gail Alaimo
Science Teacher, Santa Cruz City Schools
Geoffrey Dunn
Fourth-Generation Resident
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate Resolution
No argument against Measure A was filed.
When no opposing argument is filed, the argument process ends and rebuttals are not allowed.
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate Resolution
EXHIBIT B
SANTA CRUZ CITY HIGH SCHOOL DISTRICT BOND PROPOSITION
FULL BALLOT TEXT
By approval of this proposition by at least fifty-five percent (55%) of the registered voters voting thereon, the Santa Cruz City High School District shall be authorized to issue and sell bonds of up to $140 million in aggregate principal amount to provide financing for the specific school facilities projects listed below in the Bond Project List, subject to all of the accountability safeguards specified herein.
STATE MATCHING FUNDS
The following statement is included in this measure pursuant to Education Code Section 15122.5: Approval of this measure does not guarantee that the proposed project or projects that are the subject of bonds under this measure will be funded beyond the local revenues generated by this measure. The District's proposal for the project or projects described below may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.
KEY FINDINGS
The Santa Cruz City High School District is committed to continuing a strong, high-quality educational program for the students in all of its local public schools.
The Santa Cruz City High School District, in partnership with parents and community, strives to provide a safe and supportive environment where students develop a solid foundation to become productive, responsible citizens, and lifelong learners. To meet these goals, the District must provide students with safe, secure and clean facilities, and provide access to 21st century classrooms, technology and school facilities.
Specifically, the Board of Trustees desires, among other projects, to:
ACCOUNTABILITY MEASURES
The provisions in this section are 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 XIII A, section 1(b)(3) of the State Constitution, and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Section 15264 et seq. of the California Education Code).
Evaluation of Needs. The Board of Trustees has evaluated the facilities needs of the District, and has identified projects to finance from a local bond measure at this time. The Board of Trustees hereby certifies that it has evaluated safety, class size reduction and information technology needs in developing the Bond Project List.
Independent Citizens' Oversight Committee. The Board of Trustees shall establish an independent Citizens' Oversight Committee in accordance with Education Code sections 15278-15282 and applicable Board policy, to ensure bond proceeds are expended only for the school facilities projects listed in the Bond Project List. The committee shall be established within sixty (60) days of the date when the Board of Trustees enters the results of the election in its official minutes.
Annual Performance Audit. The Board of Trustees shall conduct or cause to be conducted an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school facilities projects described in the Bond Project List.
Annual Financial Audit. The Board of Trustees shall conduct or cause to be conducted an annual, independent financial audit of the bond proceeds until all of those proceeds have been spent for the school facilities projects described in the Bond Project List.
Annual Report to Board. Upon approval of this measure and the sale of any bonds approved, the Board of Trustees 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 shall cause a report to be filed with the Board of Trustees no later than January 1 of each year, commencing on the first January 1 after bonds have been issued and proceeds spent, stating (1) the amount of bond proceeds received and expended in the past fiscal year, and (2) the status of any project funded or to be funded from bond proceeds. The report may be incorporated into the annual budget, annual financial report, or other appropriate routine report to the Board.
BOND PROJECT LIST
This Bond Project List, which is an integral part of this proposition, describes the specific projects the District proposes to finance with proceeds of the bonds.
Proceeds from the sale of bonds authorized by this measure shall be used only for the construction, reconstruction, rehabilitation, or replacement of school facilities on the Bond Project List, including the furnishing and equipping of said school facilities, or the acquisition or lease of real property for said school facilities, and not for any other purpose, including teacher and administrator salaries and other school operating expenses.
In order to meet all identified facilities needs, the District intends to complete projects using a combination of funding sources. These sources may include joint-use funds, development impact fees, state funds (if available), and other available funds. The District will pursue state matching funds if and when they become available, and if received, they will be used for and mainly applied to projects on the Bond Project List or other high priority capital outlay expenditures as permitted in Education Code section 17070.63(c). No project is dependent on the receipt of state funding for implementation.
Projects listed below may be completed at any and all schools, sites and facilities, including support facilities and other District-owned properties, where such project is determined necessary, including without limitation:
Specific projects to be funded by the bond measure include, without limitation, the following:
I. REPAIR & RENOVATION PROJECTS TO KEEP MIDDLE & HIGH SCHOOL EDUCATIONAL FACILITIES SAFE, CLEAN AND IN GOOD CONDITION
II. TECHOLOGY INFRASTRUCTURE and modernization PROJECTS for 21st Century TEACHING & learning in Middle & high schools
III. EDUCATIONAL FACILITY IMPROVEMENT PROJECTS TO SUPPORT COLLEGE AND CAREER READINESS
Listed projects, repairs, improvements, rehabilitation projects and upgrades will be completed only as feasible, and the listing of projects does not imply a particular prioritization among such improvements. Listed projects may be completed at any and all District schools, sites and education buildings where such project is determined necessary, and not all projects will be completed at every site. Decisions regarding the scope, timing, prioritization or other facets of project implementation will be made solely by the Board of Trustees by subsequent action. Where terms such as "renovate," "update," and "improve" are used in the Bond Project List, the Board of Trustees shall determine the best method for accomplishing the project's objective. For any listed project involving renovation or modernization of a building or the major portion of a building, the District may proceed with new replacement construction instead (including any necessary demolition), if the District determines that replacement and new construction is more practical than renovation, considering the building's age, condition, expected remaining life, comparative cost, and other relevant factors.In addition, where feasible, projects may be completed in partnership with other agencies on a joint use basis using bond proceeds.
Each project is assumed to include its share of costs of bond issuance, architectural, engineering, and similar planning costs, construction management, bond project staff and consultants, staff development and training expenses associated with learning construction techniques and approaches, new bond-funded equipment and systems, and a customary contingency for unforeseen design and construction costs.In addition to the projects listed above, the Bond Project List also includes payment of the costs of preparation of all facilities planning and project implementation studies, feasibility and assessment reviews, master planning, environmental studies, permit and inspection fees, and housing construction and relocation costs for dislocated programs or activities caused or necessitated by construction projects.
The final cost of each project will be determined as plans are finalized and projects are completed. Based on the final costs of each project, certain of the projects described above may be delayed or may not be completed. Necessary site preparation/grading/restoration may occur in connection with new construction, modernization, renovation or remodeling, including ingress and egress, removing, replacing or installing irrigation, utility lines, trees and landscaping, relocating fire access roads, and acquiring any necessary easements, leases, licenses, or rights of way to the property.
ADDITIONAL SPECIFICATIONS
No Administrator Salaries. Proceeds from the sale of Bonds authorized by this proposition shall be used only for the construction, reconstruction, rehabilitation, or replacement of school facilities on the Bond Project List, including the furnishing and equipping of said school facilities, or the acquisition or lease of real property for said school facilities, and not for any other purpose, including teacher and administrator salaries and other school operating expenses.
Single Purpose. All of the purposes enumerated in this proposition shall be united and voted upon as one single proposition, pursuant to Section 15100 of the California Education Code, 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.
Other Terms of the Bonds. The bonds may be issued and sold in several series, and in accordance with a financing plan determined by the Board of Trustees pursuant to requirements of law. When sold, the bonds shall bear interest at an annual rate not exceeding the statutory maximum and with a maximum term not exceeding the statutory maximum, provided that the weighted average maturity of bonds sold will not exceed one hundred twenty percent (120%) of the average useful life of the projects being financed or as otherwise provided by state or federal tax law. Bond funds may be used to reimburse the District for Bond Project list expenditures incurred prior to the election and bond issuance, in accordance with federal tax law.
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EXHIBIT C
TAX RATE STATEMENT
An election will be held within the boundaries of Santa Cruz City High School District ("School District") on November 8, 2016 to authorize the sale of up to $140,000,000 in bonds to finance facilities as described in the proposition. If the bonds are approved, the School District expects to sell the bonds in multiple series. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property located within the School 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 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 $.0295 per $100 ($29.50 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 $.0295 per $100 ($29.50 per $100,000) of assessed valuation in fiscal year 2023-24.
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 $.0295 per $100 ($29.50 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 this bond issue, based on estimated assessed valuations available at the time of filing of this statement, is $.0282 per $100 ($28.21 per $100,000) of assessed valuation.
5. The best estimate of total debt service, including principal and interest, which would be required to be repaid if all the bonds are issued and sold is $233,968,400.
Voters should note that the estimated tax rate is based on the ASSESSED VALUE of taxable property on the County of Santa Cruz official tax rolls, not on the property's market value. Property owners 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 School District's projections and estimates only, which are not binding upon the School District. The actual tax rates, debt service 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 sale and the amount of bonds sold at any given time will be determined by the School 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 School District as determined by the County Assessor in the annual assessment and the equalization process.
Signed: ________________________
Kris Munro, Superintendent
Dated: July 27, 2016
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate Resolution
RESOLUTION #02-16-17
RESOLUTION OF THE BOARD OF TRUSTEES OF THE
SANTA CRUZ CITY HIGH SCHOOL DISTRICT
ORDERING A SCHOOL BOND ELECTION ON NOVEMBER 8, 2016 AND
AUTHORIZING NECESSARY ACTIONS IN CONNECTION THEREWITH
WHEREAS, the Board of Trustees ("Board") of the Santa Cruz City High School District ("District"), within the County of Santa Cruz, California is authorized to order elections within the District and to designate the specifications thereof, pursuant to Sections 5304 and 5322 of the California Education Code ("Education Code");
WHEREAS, the Board of the District is committed to maintaining the quality of education and ensuring all students have the same educational opportunities as others in the region;
WHEREAS, the District must repair, construct, acquire or equip classrooms, sites, and facilities to make them safe and help ensure that all students have equal access to 21st century classrooms, labs and school facilities;
WHEREAS, classrooms and educational facilities require updates for improved student learning in subjects like math, science, engineering, English, social studies, visual/performing arts, technology, and skilled trades;
WHEREAS, the Board believes it is a wise investment to protect the quality of our schools, the quality of life in our community and the value of our homes;
WHEREAS, the District is completing a Facility Master Plan to be aligned to the District's educational goals;
WHEREAS, the Board and District have solicited extensive stakeholder and community input on school priorities from parents, teachers, staff, the community and civic leaders;
WHEREAS, because the State has not been funding school facilities improvements and passing this bond measure provides a guaranteed source of local funding to maintain and improve this community's local school facilities;
WHEREAS, every penny from this bond measure will benefit the local middle and high schools and no funds can be taken away by the State or other school districts, and by law, no money can be used for administrator salaries or pensions;
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 Section 15100 et seq. of the Education Code;
WHEREAS, pursuant to section 18 of Article XVI and section 1 of Article XIII A of the California Constitution (also known as "Proposition 39"), 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 fifty-five percent (55%) vote of those voting on a proposition for that purpose, provided certain accountability measures are included in the proposition;
WHEREAS, the Board deems it necessary and advisable to submit such a bond proposition to the electors to be approved by fifty-five percent (55%) of the votes cast;
WHEREAS, such a bond election must be conducted concurrent with a statewide primary election, general election or special election, or at a regularly scheduled local election, as required by Section 15266 of the Education Code, and on November 8, 2016, a general election is scheduled to occur throughout the District;
WHEREAS, pursuant to Section 15270 of the Education Code, if the measure is approved by the voters, bonds may only be issued if the tax rate levied to meet the debt service requirements would not exceed thirty dollars ($30) per year per one hundred thousand dollars ($100,000) of taxable property when assessed valuation is projected by the District to increase in accordance with Article XIIIA of the California Constitution; the current estimated and projected tax rate within these limits is described in the Tax Rate Statement contained in Exhibit C hereto;
WHEREAS, Section 9400 et seq. of the California 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;
WHEREAS, in the judgment of the Board, it is advisable to request that the Santa Cruz County Registrar of Voters ("County Registrar") act as the election official and call an election and submit to the registered voters of the District the full ballot proposition as detailed below, in coordination with each other as necessary;
WHEREAS, it is the recommendation of District staff that the District retain bond counsel and a financial advisor to assist the District with the process of calling a bond election and, if the bond election is successful, with the subsequent structuring and documenting of a bond issuance for the purposes set forth herein; and
WHEREAS, the Board now desires to authorize the filing of a ballot argument in favor of the proposition to be submitted to the voters at the election.
NOW, THEREFORE, be it resolved, determined and ordered by the Board of Trustees of the Santa Cruz High School District as follows:
Section 1. Specifications of Election Order. Pursuant to Sections 5304, 5322, 15100 et seq., and Section 15266 of the Education Code, an election shall be held within the District on November 8, 2016, for the purpose of submitting to the registered voters of the District the full ballot proposition contained in Exhibit B ("Full Ballot Text"), which Full Ballot Text is hereby approved. The County Registrar shall provide for the performance of its duties in accordance with Education Code section 5303.
Section 2. Abbreviation of Proposition. Pursuant to Section 13247 of the California Elections Code and Section 15122 of the Education Code, the Board hereby directs the County Registrar to use the abbreviation of the Full Ballot Text that is attached hereto as Exhibit A.
Section 3. Voter Pamphlet. The County Registrar is hereby requested to reprint the Full Ballot Text in its entirety in the voter information pamphlet to be distributed to voters pursuant to Section 13307 of the Elections Code. In the event the Full Ballot Text is not reprinted in the voter information pamphlet in its entirety, the County Registrar is hereby requested to print, immediately below the impartial analysis of the bond proposition, in no less than 10-point boldface type, a legend substantially as follows:
"The above statement is an impartial analysis of Measure ___. If you desire a copy of the measure, please call the Santa Cruz County Registrar of Voters at ___________ and a copy will be mailed at no cost to you."
Section 4. Accountability Measures. Pursuant to legal requirements, and as specified in the Full Ballot Text, the Board certifies that the District:
Section 5. Required Vote. Pursuant to Section 18 of Article XVI and Section 1 of Article XIII A of the State Constitution, the above proposition shall become effective upon the affirmative vote of at least fifty-five percent (55%) of those voters voting on the proposition.
Section 6. Request to County Officers to Conduct Election/Cost of Election. The County Registrar is hereby requested, pursuant to section 5322 of the California Education Code, to take all steps to call and hold the election in accordance with law and these specifications. The District will reimburse the Registrar and the County for costs associated with the election as required by law.
Section 7. Consolidation of Election and Canvass of Vote.
Section 8. Delivery of Order of Election to County Officers. The Clerk of the Board is hereby directed to deliver or cause to be delivered, no later than August 12, 2016, (which date is 88 days prior to the date set for the election), one copy of this Resolution to the County Registrar with the completed Tax Rate Statement (in substantially the form attached hereto as Exhibit C), completed and signed by the Superintendent or her designee, and shall file a copy of this Resolution with the Clerk of the Board of Supervisors of Santa Cruz County.
Section 9. Ballot Arguments. The members of the Board are hereby authorized to prepare and file with the County Registrar a ballot argument in favor of the proposition contained in Section 1 hereof, within the time established by the County Registrar.
Section 10. Intention to Reimburse. The District may incur costs associated with bond-funded projects described in Exhibit B hereto prior to the issuance of bonds.For purposes of establishing compliance with the requirements of Section 1.150-2 of the regulations of the U.S. Treasury Department, the Board hereby declares its official intent to use proceeds of the bond to reimburse itself for lawful expenditures on bond capital projects, up to a maximum principal amount of $140,000,000.
Section 11. Further Authorization. The members of this Board, the Superintendent, 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, including modification of the Full Ballot Text, the ballot measure summary or Tax Rate Statement if he or she determines such modifications are necessary and in the District's best interests. Any such modifications shall be ratified thereafter by the Board.
Section 12. Effective Date. This Resolution shall take effect upon its adoption.
PASSED AND ADOPTED this day, July 27, 2016, by the following vote:
AYES:
NAYS:
ABSTAIN:
ABSENT:
APPROVED:
President of the Board of Trustees of the
Santa Cruz City High School District
Attest:
Clerk of the Board of Trustees of the
Santa Cruz City High School District
Commentary Question Analysis Argument in Favor Argument Against Full Text Tax Rate Resolution
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