This is an archive of a past election.|
See http://www.smartvoter.org/ca/rv/ for current information.
21st Century Technology and Learning Initiative
Coachella Valley Unified School District
School Bonds - 55% Approval Required
Pass: 7,587 / 66.85% Yes votes ...... 3,763 / 33.15% No votes
Index of all Measures
|Results as of November 26 3:17pm, 100.00%% of Precincts Reporting (44/44)|
|Information shown below: Impartial Analysis | Arguments | Tax Rate Statement ||
To meet the needs of 21st Century classrooms shall the Coachella Valley Unified School District upgrade electrical and computer systems to keep pace with current and future technology, enhance student learning capabilities, provide mobile learning devices to support modern teaching and educational methods and complete school facility upgrades and projects by issuing 41 million dollars in bonds at legal rates, with mandatory independent audits, citizen oversight, and all money staying local?
The Bonds would be used by the District to construct and acquire new school facilities, make improvements, rehabilitate, modernize or replace existing facilities, which may include the furnishing and equipping of school facilities or the acquisition or lease of real property. The Bonds would not be used to increase salaries, benefits, or pensions for administrators, teachers, or any other school employees.
An ad valorem tax would be levied and collected on property within the boundaries of the District to pay the principal and interest on the Bonds.
The maximum interest rate on the Bonds will not exceed the maximum interest rate permitted by the applicable laws of the State and the maximum term of the Bonds, or any series thereof, will not exceed 40 years.
For this Measure to be approved fifty-five percent (55%) of qualified voters who vote on the Measure must vote yes.
A "YES" vote on Measure "X" is a vote to allow the District to sell the Bonds and levy the necessary taxes to pay for the Bonds.
A "NO" vote on Measure "X" is a vote against allowing the District to sell the Bonds and levy the necessary taxes to pay for the Bonds.
|Arguments For Measure X|
The Coachella Valley Unified School District is committed to
transforming our current educational system. The use of modern
technology in our educational curriculum will pave the road to a new
standard of educational excellence to prepare our students for college,
career and citizenship.
Providing an iPad-type device to every student will inspire creativity and hands-on learning with audio and video capabilities that are not available with traditional textbooks. These tools will also make our District more attractive to highly-trained and qualified teachers.
Measure "X" will:
Students with access to modern technology have demonstrated an increased knowledge of science, math, reading, and problem-solving skills, essential for many of today's good-paying jobs. "The Mobil Learning Initiative supported by the Coachella Valley School Board gives our students the opportunity to be among the first in the nation to integrate technology into their education. Our students are smart, and eager, to embrace modern technology. They understand the limitless opportunities awaiting their future through the Mobil Learning Initiative," --Sister Gabby
A Citizens Oversight Committee will ensure Measure "X" funds will ONLY be used for the work spelled out in the ballot. Bond funds are subject to annual financial and performance audits by independent certified public accounts.
There are more than 18,000 students in our district. They need your help.
On November 6, please vote YES to provide each student with the educational opportunities they deserve.
Visit http://www.campaignforkids2012.com for more information
By: Eduardo Garcia, Mayor City of Coachella
Isabel Moreno, Parent & CSEA Vice-President
Juan Manuel De Lara Sr.
(No arguments against Measure X were submitted)
|Tax Rate Statement from Derwin S. Adams, Superintendent, Coachella Valley Unified School District|
|As shown on the enclosed official ballot, an election is being held in the Coachella Valley Unified School District ("District") on November 6,
2012, for the purpose of submitting to the registered voters within the District the question of whether the District shall issue and sell bonds in an amount
not to exceed $41,000,000 for the purpose of providing funds for the specified school facilities and school projects as set forth in the resolution of the
District calling such bond election. This measure will authorize a tax sufficient for interest on, and redemption of, the bonds. The bonds shall bear
interest at a rate, or rates to be established at such time as the bonds are sold, in one or more series, at fixed or variable interest rates not to exceed the
maximum applicable statutory rate for such bonds. If such bonds are authorized and sold, the principal thereof and the interest thereon are a general
obligation of the District, payable from the proceeds of ad valorem taxes on taxable real property located within the District.
The following information is submitted in compliance with California Elections Code Sections 9401 through 9404 based on estimates of assessed valuations available at the time of filing of this statement:
(a) The best estimate of the tax rate that would be required to be levied to fund the bond issue during the first fiscal year after the first sale of the bonds based on estimated assessed valuations available at the time of filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors is $0.030 per $100 ($30.00 per $100,000) of assessed valuation.
(b) It is anticipated that the bonds will be sold in more than one series. The best estimate of the tax rate which would be required to be levied to fund such bond issues during the first fiscal year after the last sale of the bonds based on estimated assessed valuations available at the time of filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors is $0.030 per $100 ($30.00 per $100,000) of assessed valuation.
(c) The best estimate of the highest tax rate which would be required to be levied to fund the bond issues during the term of the bond issues, based on estimated assessed valuations available at the time of filing of this statement or a projection based on experience within the same jurisdiction or other demonstrable factors, is $0.030 per $100 ($30.00 per $100,000) of assessed valuation. It is estimated that the highest tax rate would apply in the 2031-2032 tax year based on assessed valuations available at the time of this filing or a projection based on experience within the same jurisdiction or other demonstrable factors.
Voters should note that these estimated tax rates are based on the assessed value of taxable property within the District as shown on the official rolls of Riverside and Imperial County, not on the property's market value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective rate than described above. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by the Riverside and Imperial County Assessor in the annual assessment and the equalization process. Property owners should consult their own property tax bills and/or the applicable county assessor and/or tax advisors to determine their property's assessed value and any applicable tax exemptions.
Attention of all voters is directed to the fact that these estimates are based on assumptions and 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 any bond sales, the amount of bonds sold, market interest rates at the time of each sale of bonds and actual assessed valuations over the term of repayment of the bonds. The timing of the bond sales and the amount of bonds sold at any given time will be governed by the needs of the District, 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 such sale.
Dated: June 14, 2012