This is an archive of a past election. See http://www.smartvoter.org/ca/alm/ for current information. |
League of Women Voters of California Education Fund
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Measure I School Safety and Construction Bond Measure Hayward Unified School District 55% Pass: 11556 / 72.18% Yes votes ...... 4454 / 27.82% No votes
See Also:
Index of all Measures |
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Results as of Jun 19 1:06pm, 100.0% of Precincts Reporting (151/151) |
Information shown below: Impartial Analysis | Arguments | Tax Rate Statement | Full Text | ||||
To improve safety and learning by construction, furnishing and equipping school facilities; reconstruction, rehabilitating, or replacing deteriorating schools; providing security systems, new or modernized permanent classrooms, land for construction, wireless technology, access for individuals with disabilities, and to qualify for state matching funds, shall the Hayward Unified School District issue $205 million in bonds not to exceed maximum legal interest, with independent citizen oversight, annual audits, and no money for administrators' salaries.
Proceeds from the sale of school bonds may by law, California Education Code Section 15100, only be used for construction, reconstruction, rehabilitation or replacement of school facilities, including the furnishing and equipping of such facilities; or for the acquisition or lease of real property for school facilities. In addition, proceeds may only be used for the projects listed in the measure itself, which include for this Measure I the construction, furnishing and equipping of school facilities and classrooms; providing security systems, wireless technology, access for individuals with disabilities; and toward qualification for matching state funds. Proceeds may not be used for any other purpose, such as teacher and administrator salaries nor operating expenses. Pursuant to Section 18 of Article XVI and Section 1 of Article XIIIA of the California Constitution and California Education Code Section 15274, this Measure will become effective upon the affirmative vote of at least 55% of the qualified electors voting on this Measure. If 55% of those who vote on the Measure vote "yes", the District will be authorized to issue bonds in an amount not to exceed $205,000,000. Approval of this Measure will authorize Alameda County to levy an ad valorem tax on the assessed value of real property within the District by an amount needed to pay the principal and interest on these bonds in each year that the bonds are outstanding. The Tax Rate Statement for Measure I in this Voter Pamphlet reflects the District's best estimates, based upon currently available data and projections, of the property tax rates required to service the bonds. The best estimate of the tax rates required to be levied to fund the bonds is $59.30 per $100,000 of assessed valuation of taxable property on the County's official tax rolls, as is set forth more fully in the Measure's Tax Rate Statement in this Voter Pamphlet. If 55% of those voting on this Measure do not vote for approval, the Measure will fail and the Hayward Unified School District will not be authorized to issue the bonds.
s/RICHARD E. WINNIE
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News and Analysis Daily Review
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Arguments For Measure I |
A Yes vote on Measure I resumes our investment in the quality of our local schools, and protects the value of all the homes and businesses in the Hayward Unified School District. All but one of our schools are over 45 years old. They need major renovations and repairs. Our children deserve better, safer places to learn.
Passage of Measure I will:
Please join us in voting Yes on Measure I.
(No arguments against Measure I were submitted) |
Tax Rate Statement from Superintendent, Hayward Unified School District |
An election will be held in the Hayward Unified School District (the "District") on June 3, 2008, to authorize the sale of up to $205,000,000 in bonds of the District to finance the school facilities as described in the proposition. If the bonds are approved, the District expects to sell the bonds in two 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 Elections Code of the State of California.
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 is 5.926 cents per $100 ($59.26 per $100,000) of assessed valuation in fiscal year 2008-2009. 2. The best estimate of the tax which would be required to be levied to fund the bond issue during the first fiscal year after the sale of the last series of bonds is 5.930 cents per $100 ($59.30 per $100,000) of assessed valuation in fiscal year 2010-2011. 3. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue is 5.930 cents per $100 ($59.30 per $100,000) of assessed valuation in fiscal year 2010-2011. The tax rate is expected to remain approximately level from year to year. Voters should note that the 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. 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 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 sale and the amount of bonds sold at any given time will be determined by the District based on the need for construction funds and other factors, including the legal limitations on bonds approved by a 55% 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.
HAYWARD UNIFIED SCHOOL DISTRICT
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Full Text of Measure I |
EXHIBIT "B"
FULL TEXT OF BALLOT PROPOSITION OF THE HAYWARD UNIFIED SCHOOL DISTRICT BOND MEASURE I SCHOOL SAFETY AND CONSTRUCTION BOND MEASURE I
To improve safety and learning by constructing, furnishing and equipping school facilities; reconstructing, rehabilitating, or replacing deteriorating schools; providing security systems, new or modernized permanent classrooms, land for construction, wireless technology, access for individuals with disabilities, and to qualify for state matching funds, shall the Hayward Unified School District issue $205 million in bonds not to exceed maximum legal interest, with independent citizen oversight, annual audits, and no money for administrators' salaries?
LIST OF PROJECTS TO BE FUNDED BYTHE BONDS AND STATE MATCHING FUNDS The following is a list of projects which identifies or defines the types of projects to be funded by the bonds and state matching funds, including other eligible project funds, such as grants, should they become available to the District: 1. DISTRICT-WIDE SAFETY IMPROVEMENTS, including security equipment and/or surveillance cameras, disability access in compliance with state and federal law, including the Americans with Disabilities Act, site access, traffic flow and parking improvements, including parent parking, energy and restroom upgrades, and repairs related to installation and use of the safety improvements. 2. SCHOOL FACILITY NEW CONSTRUCTION AND RECONSTRUCTION at the East Avenue, Fairview, Martin Luther King Jr., Schafer Park, and Tyrrell schools, including rehabilitation or replacement of facilities, with necessary furnishings, equipment and technology upgrades and improvements, installation of site infrastructure, and land acquisition as needed for construction. As funds are available, the following types of projects will be constructed, reconstructed, rehabilitated, or replaced: 1. DISTRICT-WIDE CLASSROOM MODERNIZATION AND TECHNOLOGY UPGRADES INCLUDING WIRELESS TECHNOLOGY UPGRADES AND IMPROVEMENTS. 2. NEW SCHOOL FACILITIES THROUGHOUT THE DISTRICT to accommodate shifting enrollment including site acquisition, new classrooms, new multipurpose rooms, and furnishings and equipment. 3. DISTRICT-WIDE IMPROVEMENTS, FURNISHINGS AND EQUIPMENT, defined or identified by project type in the District-Wide Facilities Master Plan ("Master Plan") prepared by Vanir CM, Inc. in October 2006, as may be amended from time to time, in order to carry out the District's mission to ensure quality and equity of facilities District-wide. COVENANTS OF THE BOARD UPON APPROVAL OF THE BONDS BY THE ELECTORATE As required by Article XIIIA and Section 15272, if fifty-five percent (55%) of the voters of the District voting on the measure approve of the bonds, the Board hereby covenants to: (a) Conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the projects listed herein; The District Board has evaluated safety, class size reduction, and information technology needs in developing the list of projects to be funded as stated in this bond measure. |