Pass: 380 / 66.9% Yes votes ...... 188 / 33.1% No votes

See Also: Index of all Measures

No funds derived from bond sales could be used for District administrators' salaries or for any purpose or project other than those expressly stated in the measure.

To assure that funds derived from bond sales authorized by Measure R are spent only for the purposes expressly stated in Measure R, and for no other purposes, Measure R would require the District to: (1) appoint an independent citizens' oversight committee; and (2) conduct annual independent performance and financial audits.

If Measure R is approved, and bonds are authorized and sold, the principal thereof and interest thereon shall be payable from the proceeds of tax levies made upon the taxable property in the District. If Measure R is approved, the tax rate necessary for payment of principal and interest on any bonds sold will be largely dictated by the timing of the bond sales, the amount sold at a given sale, market interest rates at the time of each sale (although in no event greater than the maximum bond net interest rates allowed by law), as well as actual assessed valuation of taxable property in the District over the term of repayment. A statement of the tax rate data required by Elections Code Section 9401 will be provided to all registered voters with the sample ballot for the bond election.

Approval of Measure R does not guarantee that the proposed project in the District that is available for funding from the proceeds of bonds authorized and sold will be funded beyond the local revenues generated by the bond sales authorized by Measure R. The District's proposal for such project assumes the receipt of matching State of California funds that could be subject to appropriation by the State Legislature or to approval by a statewide bond measure.

Passage of Measure R requires approval by fifty-five percent (55%) of the voters voting theron.

DAVID WOOTEN
San Joaquin County Counsel

By: Jason R. Morrish
Deputy County Counsel

A new multipurpose room will alleviate overcrowding and provide a room large enough to hold our overflowing holiday programs accommodate indoor sports such as basketball and volleyball and allow for whole school assemblies. Our school currently has three lunch periods and may soon need a fourth which would extend lunches well into the afternoon. The new multipurpose room will have a full-service kitchen that will allow for hot lunches to be completed in just two periods.

The current multipurpose room was built in 1962. If this bond is passed this building will be remodeled and used for a computer lab, permanent library and office space at a tiny fraction of the cost it would be to build new rooms.

A new multipurpose room is part of the solution to Oak View's significant parking shortage and traffic flow problems.

A citizens' oversight committee will oversee the building of the facility to ensure that it conforms to exactly what is being voted upon in this measure. The Oak View School District has always been and will remain conservative with the taxpayers' money. By law no Measure R funds will be spent on administration.

Measure R is supported by many community members because it is the only way the funds can be obtained to build this room and meet the needs of our students and larger community.

Please join us in voting Yes on Measure R

Submitted by:

/s/ Craig Anderson, Teacher
/s/ Carey Pehl, Deputy Sheriff
/s/ Ann Ullrich, Realtor
/s/ Greg Rausser, Business Owner
/s/ Cornelis Van Egmond, Dairyman

NO ARGUMENT WAS SUBMITTED

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 3.00 cents per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2008-09.

2. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the 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 3.00 cents per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2009-10.

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 valuation available at the time of filing of this statement, is 3.00 cents per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2009-10.

The average tax rate is expected to be 3.00 cents per $100 ($30.00 per $100,000) of assessed valuation over the life of the bonds.

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 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 need for construction funds and other factors. The actual interest rates at which the bonds will be sold will depend on the bond market at the time of each sale. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by the County Assessor in the annual assessment and the equalization process.

Dated: March 3, 2008

/s/ William Chiechi
Superintendent
Oak View Union Elementary School District

OAK VIEW UNION ELEMENTARY SCHOOL DISTRICT

FULL TEXT OF MEASURE R

EXHIBIT A

This proposition may be known and referred to as the Oak View Union Elementary School District General Obligation Bond of 2008, or Measure R.

FINDINGS

The Oak View Union Elementary School District (the "District"), which serves portions of the communities of Acampo, Galt, Clements and Lockeford and unincorporated San Joaquin County, is a recognized leader in providing top quality education to San Joaquin County students.

The achievements have been accrued by the District as a result of the long history of visionary leadership from the Board of Education of the District (the "Board"), as well as from staff members, parents, and members of the District communities. During its long history, the District has benefited from a community, which supports its educational institutions by establishing high standards for academic achievement, while at the same time providing the means required to meet and even to surpass those expectations.

Oak View School, has been serving students and the community for 79 years.

In order to provide our local students with the same classrooms and school facilities as other California school districts, a new multipurpose room is needed to serve this and future generations.

The Board has studied school and classroom construction needs and has identified a multipurpose room as the key to meeting these needs, but this facility will cost more than the District is able to fund from currently available sources or annual revenues. A new multipurpose room will free the current facility to be modernized and remodeled to provide other urgent facilities such as a permanent library and computer lab as well as new traffic flow and parking needs.

The District has sought, and continues to seek, all available outside sources of funding to improve our school buildings, including local, state, and federal grants and state bond funds. Historically, the State requires that local school districts provide local funds as a condition of receipt of State matching funds. It is the intention of the District to apply for joint use funds to help with the funding of this project.

It is necessary to seek voter approval of a bond measure in order to provide the local funding for identified school facility requirements, modernization projects, and growth needs to address student enrollment.

BOND AUTHORIZATION

By approval of this proposition by at least 55 percent of the registered voters voting on the proposition, the District shall be authorized to issue and sell bonds of up to $3.7 million in aggregate principal at interest rates below the legal limit, to provide finance for the specific school facilities projects listed in the Bond Project List attached hereto as Exhibit A-1, subject to all the accountability requirements specified below.

BOND PROJECT LIST

The Bond Project List attached to this resolution as Exhibit A-1 shall be considered a part of the ballot proposition and shall be reproduced in any official document required to contain the full statement of the bond proposition.

Approval of this Bond Measure (the "Measure") does not guarantee that the proposed project or projects in the District that are the subject of bonds under the Measure will be funded beyond the local revenues generated by the Measure. If state matching funds become available, they will be used for and applied to the Bond Project List as per Exhibit A-1. The District's proposal for the project or projects assumes the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure. The district will apply for state joint use funds for this project.

ACCOUNTABILITY REQUIREMENTS

The provisions in this section are specifically included in this proposition in order that the voters and taxpayers in the District 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 XIIIA, 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, after a long process involving staff members, parents, students, and community members from the district, has prepared an updated facilities plan in order to evaluate and address all of the facilities needs of the District and determine which projects to finance from a local bond at this time. The Board hereby certifies that it has evaluated safety, class size reduction, enrollment growth, and information technology needs in developing the Bond Project List contained in Exhibit A-1.

Independent Citizens' Oversight Committee. The Board shall establish an Independent Citizens' Oversight Committee pursuant to Education Code Section 15278 and following to ensure bond proceeds are expended only on the school facilities projects listed in Exhibit A-1. The committee shall be established within 60 days of the date when the results of the election appear in the minutes of the Board.

Performance Audits. The Board shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school facilities projects listed in Exhibit A-1.

Financial Audits. The Board shall conduct an annual, independent financial audit of the bond proceeds until all of those proceeds have been spent for the school facilities projects listed in Exhibit A-1.

Special Bond Proceeds Account: Annual Report to Board. Upon approval of this proposition and the sale of any bonds approved, the Board 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 of the District shall cause a report to be filed with the Board annually 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 the Superintendent shall determine and may be incorporated in the annual budget, audit, or another appropriate routine report to the Board.

FURTHER SPECIFICATIONS

No Administrator Salaries. Proceeds from the sale of bonds authorized by this proposition shall be used only for the construction, reconstruction and/or rehabilitation of school facilities including the furnishing and equipping of school facilities or 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.

The proceeds of the bonds will be deposited into a Building Fund to be held by the San Joaquin County Treasurer, as required by the California Education Code.

EXHIBIT A-1

BOND PROJECT LIST

The specific school facilities projects to be funded are as follows:

1. A multipurpose room of adequate size to serve a school of 500 pupils, including a full service school kitchen and serving facility to serve half of the student body during each lunch, a stage for student performances and instrumental music, adequate floor space to seat parents and community members for performances, restrooms, and room for a junior high school sized basketball court. Additional rooms, as part of the multipurpose room, will be used for storage, a staff lunchroom and a workroom.

2. As funding allows, the current multipurpose room will be remodeled to provide for a library, computer lab facilities, and office space.