League of Women Voters of California Education Fund
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Measure E School Seismic Risk Reduction Safety and Access Program Measure Piedmont Unified School District 55% Approval Required
See Also:
Index of all Measures |
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Pass:
2,497 /
58.2% Yes votes ......
1,797 /
41.8% No votes
| Information shown below: Yes/No Meaning | Impartial Analysis | Arguments | Tax Rate Statement | | |||||
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To repair, reconstruct, or replace Piedmont public school buildings to reduce dangers from earthquakes and to meet state and federal seismic safety standards, provide safe classrooms and facilities and to improve the likelihood of Piedmont schools qualifying for state matching funds, shall the Piedmont City Unified School district issue a maximum of $56 million in bonds with interest rates within legal limits, and appoint a Citizen's Oversight Committee to guarantee all money raised in the community benefits local children?
Pursuant to Section 18 of Article XVI and Section 1 of Article XIIA of the 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 the amount not to exceed $56,000,000. Approval of this measure will authorize the District 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 E 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 estimated tax rates are based on the assessed value of taxable property in the district as shown on the official tax rolls of Alameda county. The estimate of the tax rate required to be levied to fund the bonds for the first fiscal year after the sale of the first series of bonds is $.0169 per 100 dollars of assessed valuation ($15.90 per $100,000) in fiscal year 2006-07. The tax rate required to be levied to fund the bonds for the first fiscal year after the sale of the last series of bonds is estimated to be $.0214 per 100 dollars of assessed valuation ($21.40) in fiscal year 2010-11. The highest tax rate required to be levied to fund the bonds is now estimated to be $.060 per 100 dollars of assessed valuation ($60 per $100,000) in fiscal year 2018-19, as set forth more fully in the Tax Rate Statement for the measure in this Voter Pamphlet. If 55% of the qualified lectors voting on this measure do not vote for approval, the measure will fail and the Piedmont Unified School district will not be authorized to issue the bonds.
s/Richard E. Winnie
The above statement is an impartial analysis of Measure E which measure is printed in full in the sample ballot pamphlet. If you desire an additional copy of the measure, please call the Elections Official's office at 272-6933 and a copy will be mailed to you.
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Official Information Events League of Women Voters Pros & Cons Presentation
Piedmonter
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| Arguments For Measure E |
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A recent structural engineering study has determined that many Piedmont school buildings and classrooms are at risk of significant damage or collapse in the event of an earthquake, endangering children and staff.
This comprehensive study concluded that some of the buildings are "not life safe." For example, some of the classrooms at Havens School are a "collapse hazard." At the high school, the student center, the library, and the theater all need significant seismic upgrades + student activity in one building has already been severely restricted. Wildwood and Beach Schools have buildings that are in need of strengthening due to "collapse hazard." The Middle School has been determined to be "life safe" but likely to suffer significant damage in an earthquake. Measure E will"
ALL of the money raised by this measure will stay in our community. Good schools protect and enhance property values. Measure E would add less than $20 per $100,000 assessed value, not market value, to property tax bills. Parents, teachers, senior citizens, and community leaders support Measure E. Ignoring this problem won't make it go away + repairs will become more costly and children's afety will continue to be at risk. We nee to act now to ensure earthquake safe facilities. Please join us by voting YES o Measure E for Earthquake Safe Schools. s/Carla Betts Community Leader s/Anne Marie Lamarche 2005-2006 President Piedmont High School parents and Associated Parent clubs of Piedmont s/Ward Lindenmayer President, Piedmont Board of Education s/Janiele Maffei Structural Engineer s/Richard Saykally Parent and College Professor
(No arguments against Measure E were submitted) |
| Tax Rate Statement from Superintendent, Piedmont Unified School District |
| An election will be held in the Piedmont Unified School District (the "District") on March 7, 2006, to authorize the sale of up to $56,000,000 in bonds of the district to finance school facilities as described in the proposition. If the bonds are approved, the District expects to sell the bonds in three series over time. 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.
s/Constance Hubbard
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Created: April 6, 2006 12:05 PDT
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