League of Women Voters of California Education Fund
	Los Angeles County, CA November 6, 2012 Election
	Measure WR Reauthorization of School Bonds Westside Union Elementary School District School Bond - 55% Approval Required Pass: 16,153 / 62.49% Yes votes ...... 9,696 / 37.51% No votes See Also: Index of all Measures

Arguments For Measure WR

In November 2008, Westside Union School District voters overwhelmingly passed a general obligation bond to improve our community's schools. Since that time, responsible stewardship of community resources has resulted in tremendous improvements being made in construction of new schools, improving technology, repairing and rehabilitating our children's classrooms to prepare students for 21st Century careers. But much remains to be done. Measure WR will reauthorize $18.51 million of the previously approved 2008 bonds. By voting YES on Measure WR, we can finish the job of improving our local elementary and middle schools while at the same time saving millions of taxpayer dollars. Here's how: MEASURE WR MAKES FINANCIAL SENSE and has TAXPAYER PROTECTIONS IN PLACE: Reauthorizing the 2008 bonds will allow the District to borrow at a much lower interest rate, saving taxpayers over $140 million in future interest payments. Iron-clad restrictions that money can only be spent on improving Westside schools. No funds can be spent on administrator salaries, pensions, or benefits. The reauthorized bonds will NOT increase the District's authorized debt. Required annual review of all expenditures by an independent citizens' oversight committee. Legally required annual audits. All Measure WR funds MUST be used to improve our children's schools and CANNOT BE TAKEN AWAY BY THE STATE and spent elsewhere! MEASURE WR WILL CONTINUE THE WORK OF: Upgrading classrooms with up-to-date technology and computers. Upgrading and replacing outdated heating, ventilation and air-conditioning (HV AC) systems. Repairing and modernizing aging schools and classrooms throughout the District. Constructing and renovating school libraries. Meeting handicapped accessibility requirements in restrooms and classrooms. Measure WR will improve our community's elementary and middle schools, help improve housing values, stimulate our local economy and save taxpayers millions of dollars in interest. Please join us by voting YES on Measure WR! LINDA K. JONES Board President JAMES P. BIDDLE Past President of the Quartz Hill Town Council JEFFREY KNITTEL Deputy Sheriff, Los Angeles County JOHN MASSARI Business Owner KATHY OWEN Parent Volunteer (No arguments against Measure WR were submitted)

Tax Rate Statement from Regina Rossall, Superintendent, Westside Union School District

An election will be held in Westside Union School District (the "District") on November 6, 2012 to reauthorize the sale of $18,510,000 in general obligation bonds, previously approved by voters in November 2008 through the issuance of new 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 estimated assessed valuations available at the time of filing of this statement, is $.02372 per $100 ($23.72 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 estimated assessed valuations available at the time of filing of this statement, is $.02372 per $100 ($23.72 per $100,000) of assessed valuation in fiscal year 2013-14. 3. The best estimate of the highest tax rate that would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, IS $.02372 per $100 ($23.72 per $100,000) of assessed valuation. 4. The best estimate of the average tax rate that would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, is $.01567 per $100 ($15.67 per $100,000) of assessed valuation. These estimates are based on projections 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 increases in assessed valuations. 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 7,2012