This is an archive of a past election.|
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School Improvement Bonds
Redondo Beach Unified School District
School Bonds - 55% Approval Required
Pass: 18,786 / 64.27% Yes votes ...... 10,446 / 35.73% No votes
Index of all Measures
|Results as of Dec 2 2:20pm, 100.00% of Precincts Reporting (43/43)|
|Information shown below: Impartial Analysis | Arguments | Tax Rate Statement ||
To prepare students for success in high school, college, and the workforce; acquire, construct, upgrade, furnish, and equip school facilities, including career and technical facilities, improve classroom technology, and make energy efficiency improvements to reduce operating costs and put more money in classrooms; shall Redondo Beach Unified School District issue $63,000,000 of bonds at legal interest rates, have an independent citizens' oversight committee with no money taken by the State or used for salaries or other operating expenses?
Funds received from the sale of the bonds shall be used only for the specific purposes set forth in the Measure, including upgrading computers, learning technology, and technology infrastructure to classrooms, science labs, and vocational and career facilities by upgrading or replacing electrical systems, data and communication equipment, wireless systems, telecommunications, Internet and network connections, hardware and software systems, and paper textbooks with electronic textbooks; installing energy efficient utility systems and health and safety projects such as lighting, irrigation, drainage, windows, sewer, water, gas, heating, ventilation, emergency and security systems; upgrading or replacing athletic fields; installing solar panels; providing new classrooms; and installing and upgrading security fencing, retaining walls, and gates. No funds may be used for teacher and administrator salaries and other school operating expenses.
Independent performance and financial audits will be performed annually to ensure that bond proceeds are expended only on the school facilities projects listed in the project list. An Independent Citizens Oversight Committee will be established within 60 days after the Board enters the election results in the minutes of the Board. The Board shall take actions necessary to establish an account in which bond proceeds will be deposited and as long as the proceeds remain unexpended the Superintendent shall file an annual report which shall state the amount of bond proceeds received and expended in that year, as well as the status of any projects funded or to be funded by the bond proceeds.
The bonds issued pursuant to the Education Code shall have a maturity not exceeding twenty five (25) years, and the bonds issued pursuant to the Government Code shall have a maturity not exceeding forty (40) years. The best estimate of the highest tax rate required to fund the bonds, based on the assessed valuations available at the time of filing the Tax Rate Statement, is $24.00 per $100,000 of the taxable property within the District.
This Measure requires a fifty-five percent (55%) vote for passage.
NOTICE TO VOTERS
Approval of Measure Q does not guarantee that the proposed project or projects in the Redondo Beach Unified School District that are the subject of bonds under Measure Q will be funded beyond the local revenues generated by Measure Q. The 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.
|Arguments For Measure Q|
Everyone knows the importance and value of having quality schools. From
higher achieving students, to training for future jobs, to greater neighborhood
safety and improved property values, quality schools do make a difference.
However, because the State continues to reduce funding for public education, we must do more to protect and maintain the quality of education in Redondo Beach schools. This is why our students need your YES vote on Measure Q.
Measure Q will make the District more efficient and better able to withstand the State budget fluctuations. It will improve student access to educational technology, a key to 21st century learning. It will complete the investment in our classrooms, infrastructure, and facilities.
Measure Q will make our schools more energy efficient, allowing the District to use the money saved on utility costs in the classrooms.
With Measure Q, we can meet today's safety, technological, and educational standards as well as improve our community.
Measure Q will improve Redondo Beach schools by:
THERESE B. MARTINEZ
(No arguments against Measure Q were submitted)
|Tax Rate Statement from STEVEN KELLER, Superintendent, Redondo Beach Unified School District|
|An election will be held in Redondo Beach Unified School District
(the "District") on November 6, 2012 to authorize the sale of $63,000,000 in
general obligation bonds. The following information is submitted in compliance
with Sections 9400-9404 of the California Elections Code.
1. The best estimate of the tax rate that would be required to fund this bond issue during the first fiscal year after the sale of the first series of bonds, based on a projection of assessed valuations available at the time of filing of this statement, is $.0240 per $100 ($24.00 per $100,000) of assessed valuation in fiscal year 2013-14.
2. The best estimate of the tax rate that would be required to fund this bond issue during the first fiscal year after the sale of the last series of bonds, based on a projection of assessed valuations available at the time of filing of this statement, is $.0240 per $100 ($24.00 per $100,000) of assessed valuation in fiscal year 2019-20.
3. The best estimate of the highest tax rate that would be required to fund this bond issue, based on a projection of assessed valuations available at the time of filing this statement, is $.0240 per $100 ($24.00 per $100,000) of assessed valuation.
4. The best estimate of the average tax rate required to fund this bond issue, based on a projection of assessed valuations available at the time of filing of this statement, is $.0240 per $100 ($24.00 per $100,000) of assessed valuation.
These projections of assessed valuations and tax rates are based on experience within the District and are derived from information obtained from official sources. The actual tax rates and the years in which they will apply may vary depending on the timing of bond sales, the amount of bonds sold at each sale and actual assessed valuation in each year. The timing of the bond sales and the amount of bonds sold at any given time will be determined by the needs of the District. Actual assessed valuations will depend upon the amount and value of taxable property within the District as determined in the assessment and the equalization process.
Dated: August 6, 2012