League of Women Voters of California
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Measure E College Facility Improvement Bond Measure El Camino Community College District General Obligation Bond Measure - 55% Approval Required 68,095 / 61.60% Yes votes ...... 42,446 / 38.40% No votes
See Also:
Index of all Measures |
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Results as of Nov 26 10:38am, 100.00% of Precincts Reporting ( 320/ 320) |
Information shown below: Impartial Analysis | Arguments | Tax Rate Statement | Full Text | ||||
To prepare El Camino College students for jobs and four-year colleges, repair buildings, classrooms, science labs; upgrade earthquake fire safety; repair sidewalks, leaky roofs, drainage water pipes; upgrade wiring equipment for computer technology; enhance nursing/firefighter training; construct, acquire, and equip modern classrooms buildings; improve campus security, shall El Camino Community College District issue $394,516,464 of bonds at legal rates, appoint a Citizens Oversight Committee and perform annual audits to ensure no money is used for administrators' salaries?
Approval of Measure E would authorize the El Camino Community College District ("District") to issue up to $394,516,464 in general obligation bonds. Funds received from the sale of the bonds would be used only for the construction, rehabilitation and equipping of District facilities, or the acquisition or lease of real property for District facilities. No funds may be used for teacher or administrator salaries, or other school operating expenses. As required by law, the Board of Trustees of the District ("Board of Trustees") has adopted a list of the specific school facilities projects to be funded by the sale of the bonds. The Board of Trustees will conduct annual, independent financial and performance audits to ensure that funds received from the sale of the bonds will have been expended only on the specific projects listed, and will appoint a citizen's oversight committee to inform the public on expenditures. The bonds would be issued and sold at an interest rate not to exceed the maximum rate allowed by law, and would be repaid by a property tax levied upon real property located within the District over a period not to exceed forty (40) years. The tax rate levied as the result of approval of this Measure shall be no more than $25 per $100,000 of taxable property value within the District. This Measure requires a fifty-five percent (55%) vote for passage. NOTICE TO VOTERS Approval of Measure E does not guarantee that the proposed project or projects in the El Camino Community College District that are the subject of bonds under Measure E will be funded beyond the local revenues generated by Measure E. The school district's proposal for the project or projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.
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Arguments For Measure E | Arguments Against Measure E | ||
VOTE YES ON EL CAMINO COLLEGE'S BOND AND IMPROVE OUR
COMMUNITY COLLEGE.
For more than 55 years, El Camino College has trained firefighters, police officers, nurses and generations of skilled professionals. To keep this important resource working for our community, aging classrooms and labs urgently need repairs, replacement or upgrading. This is the first time the El Camino Community College District has asked the voters to support a bond measure. If the state bond passes, funding for community college construction will still be insufficient and will be allocated to colleges providing a local funding match.
Urgently needed repairs and improvements will cost less now than in the future.
The bond will: A Citizens Bond Oversight Committee will examine annual audits to ensure funds are spent appropriately and will report this information to the public. Membership must include a business person, taxpayer advocate and senior representative, among others. By law, no bond funds may be used for salaries. Funds must be spent only on specified projects. El Camino College provides an excellent education which prepares students for successful transfer to four-year universities. It consistently ranks among the top ten community colleges in transfers to the UC system and top three in transfers to USC. As universities become more expensive, El Camino College continues to provide an affordable, high-quality education to many students. VOTE YES FOR BETTER EDUCATIONAL OPPORTUNITIES AND TRAINING. VOTE YES TO REPAIR AND IMPROVE EL CAMINO COLLEGE.
KATHLEEN P. HARREN, R.N.
TRINI M. JIMENEZ, Esq.
HELEN NAKANO
WAYNE SPENCER
JAN VOGEL
El Camino's 2001-2002 Final Budget lists only $6,168,922 in needed capital outlay projects not funded in 2001-2002. And the Budget lists only $40,824,000 in capital outlay projects to be funded through 2006-2007. Why ask for $394 million when it far exceeds the College's budgeted need for capital outlay projects to be funded through 2006-07? Rejection of Measure E will, of course, not prevent El Camino from returning with a more modest bond request. In times of deteriorating roads, cutbacks in hospital emergency room services and other pressing governmental needs Measure E is a bad investment of taxpayer dollars. SAY NO to new taxes and wasteful spending! VOTE NO on Measure E. South Bay Taxpayers Association Committee Against the El Camino College Bond Measure
http://www.southbaytaxpayers.com
FRANCES STIGLICH
BILL EISEN
MIKE STEVENS
ELIZABETH L. GARNHOLZ
LAWRENCE BLACK
| Measure E is a $394 million blank check that rewards wasteful spending and
imposes annual taxes of $18.50 per $100,000 of assessed valuation on the
taxpayers of Torrance, Redondo, Hawthorne, Inglewood, Hermosa, Manhattan,
Lawndale and El Segundo. Almost half of El Camino students do not live in our
assessment district.
Bond money will be spent to: 1) Demolish Murdoch Stadium which is a beautiful facility rimmed with mature trees and in excellent condition. 2) Tear down and replace some of El Camino's attractive brick-clad buildings which are well maintained and which are also in excellent condition. Don't be deceived by slick promotional brochures showing photos of rusted pipes and dirty sinks! El Camino's facilities are not antiquated. To the contrary, the college is in excellent condition. According to the college's Master Plan, "El Camino College has an excess of building space when compared with state standards for community colleges". Plumbing and electrical upgrades, as well as new computers, will cost no where near the $394 million amount of the bond. $394 million is far in excess of any conceivable rational need that the college may have. STOP unnecessary and wasteful spending! VOTE NO on Measure E. South Bay Taxpayers Association Committee Against the El Camino College Bond Measure
http://www.southbaytaxpayers.com
FRANCES STIGLICH
BILL EISEN
MIKE STEVENS
ELIZABETH L. GARNHOLZ
LAWRENCE BLACK
"The average homeowner will pay less than $34 per year to repair and improve this important community resource. That's less than the cost of one fast food meal every month to improve public safety and educational opportunities." Stephen R. Port, Chief, Hawthorne Police Department FACT: "Repairs to aging facilities will cost less now than in the future. Most campus buildings are more than 40 years old. This is the first bond in the college's history # it's long overdue." Sandi Pfister, 2000 President, South Bay Association of Realtors FACT: "While beautiful on the outside, existing buildings are not energy efficient. Improving them now will reduce operating costs far into the future." Charles Harkey, Business Owner, Inglewood Tickets FACT: "To train for tomorrow's careers, students need modern equipment. Our community relies on El Camino College to provide well-trained nurses, firefighters and police." J. R. Stroh, Former Chief, El Segundo Police Department Murdoch Stadium is past its prime. It was built on imported soil which is now eroding. For safety # as well as improved access by individuals with disabilities # we must rebuild. Out-of-date classrooms with health and safety needs are not `excess' # they are simply ready for replacement. Forty to fifty year old classrooms, laboratories, lecture halls and instructional space must be repaired and modernized. VOTE YES ON MEASURE "E" TO REPAIR AND TO IMPROVE EL CAMINO COLLEGE.
JAN VOGEL
WAYNE SPENCER
TRINI M. JIMENEZ, Esq.
HELEN NAKANO
KATHLEEN P. HARREN, R.N.
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Tax Rate Statement from Dr. Thomas M. Fallo, President, Superintendent, El Camino College |
STATEMENT IN COMPLIANCE - MEASURE E
An election will be held in the El Camino Community College District on November 5, 2002 to authorize the sale of up to $394,516,464 in general obligation bonds of the District to finance the acquisition and improvement of real property. If such bonds are authorized and sold, the principal thereof and interest thereon 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 Election Code of the State of California. 1. The best estimate of the tax rate that would be required to be levied to fund the bond issue during the first fiscal year after the first sale of bonds based on a projection of future assessed valuations is $0.01889 per $100 of assessed valuation in Fiscal Year 2003-2004. 2. The best estimate of the tax rate that would be required to be levied to fund the bond issue during the first fiscal year after the last sale of bonds if the bonds are sold in series, and an estimate of the fiscal year in which that rate will apply, based on a projection of future assessed valuations is $0.01889 per $100 of assessed valuation in Fiscal Year 2014-15. 3. The best estimate of the highest tax rate that would be required to be levied to fund the bond issue and an estimate of the fiscal year in which that rate will apply, based on a projection of future assessed valuations, is again $0.01889 per $100 of assessed valuation, which is projected to be the same in every fiscal year. Attention of all voters is directed to the fact that the foregoing is based upon projections and estimates only, which are not binding upon the District. The actual tax rates and 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 at any given sale, and the actual assessed valuation over the term of the repayment of the bonds. The actual time of sales of said bonds and the amount sold at any given time will be governed by the needs of the District and other factors (including market rate variations in the interest rate on general obligation bonds). Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined in the assessment and equalization process. Dated 7-29-2002 |
Full Text of Measure E |
The following is the full proposition presented to the voters by the El Camino
Community College District.
"To prepare El Camino College students for jobs and four-year colleges; repair buildings, classrooms, science labs; upgrade earthquake/fire safety; repair sidewalks, leaky roofs, drainage/water pipes; upgrade wiring/equipment for computer technology; enhance nursing/firefighter training; construct, acquire, and equip modern classrooms/buildings; improve campus security, shall El Camino Community College District issue $394,516,464 of bonds at legal rates, appoint a Citizens Oversight Committee and perform annual audits to ensure no money is used for administrators' salaries?" The Board of Trustees of the El Camino Community College District has evaluated safety, class size, and information technology and instructional needs in developing the scope of college facility projects to be funded as outlined in the District's Facilities Master Plan and Education Master Plan amended from time to time, on file at the District's Public Information Office. PROJECTS
Additional Classrooms and Modernization $204,630,902
Health and Safety Upgrades $84,007,276
Energy Efficiency Improvements $16,819,098
Information Technology & Equipment $58,674,739
Physical Education Facilities Improvements $1,949,301
The allocation of bond proceeds will be affected by the District's receipt of State matching funds and the final costs of each project. The budget for each project is an estimate and may be affected by factors beyond the District's control. |