This is an archive of a past election.|
See http://www.smartvoter.org/ca/hm/ for current information.
Eureka City School District
55% Approval Required
Pass: 6,112 / 55.8% Yes votes ...... 4,843 / 44.2% No votes
Index of all Measures
|Results as of Nov 4 11:42pm|
|Information shown below: Official Information | Impartial Analysis | Arguments | Tax Rate Statement ||
To upgrade every school site and help improve education by: upgrading career technical/job training classrooms; investing in technology/science labs; repairing aging classrooms; qualifying local schools for matching state funds; and constructing/acquiring facilities, classrooms, sites and equipment, shall Eureka City Schools issue $49.75 million in bonds at legal rates, requiring Independent Citizens' Oversight, and annual audits, with no money for administrators' salaries/pensions?
Funds received from the sale of the bonds shall be used only for the purpose of upgrading technology infrastructure to improve student access to modern technology, and to construct, acquire, and improve other school facilities. The specific projects to be funded are described in the full text of the Measure. As required by law, the District's Board has certified that it has evaluated safety, class size reduction, enrollment growth, and information technology needs in developing the project list.
The measure provides that a citizens' oversight committee will be established to ensure that bond proceeds are properly expended. In addition, annual performance and financial audits will be conducted.
Approval of this Measure will also authorize the District to levy a 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 District estimates that the tax rate levied to meet the debt service requirements of the bonds will not exceed $60 per year per $100,000 of assessed valuation of taxable property.
If 55% of the voters of the school district voting on the Measure vote yes, the District will be authorized to issue bonds in the amount not to exceed $49,750,000.
A no vote on this Measure will disapprove the issuance of the bonds and the levy of the taxes for such bonded indebtedness.
News and Analysis|
|Arguments For Measure S||Arguments Against Measure S|
|Improve education for each student at every school in our communities--Vote YES on S!
Our local schools are old, outdated, and need significant upgrades to career technical and job training classrooms. YES on S upgrades our schools--improving education, continuing student achievement and career success. Every local school benefits!
Our area used to provide plenty of jobs in timber and fishing, but now many of these jobs are gone. YES on S ensures our schools stay up-to-date, providing the right kind of job training and education to allow our local children to succeed today!
It's hard to get a job in this economy -- 21st Century jobs and careers require up-to-date technology. YES on S upgrades local classrooms, science labs and computer technology to provide equal access for all students to updated technology, so they're prepared for the jobs of the future.
YES on S ensures that our local schools are equipped to offer every student a high quality education. We cannot depend on Sacramento or anyone else!
YES ON S:
Join a broad coalition of teachers, parents, community leaders, and area employers in supporting YES on S to improve education for each student at every school.
The undersigned authors of the primary argument in favor of ballot proposition Measure S at the special election for the Eureka City School to be held on November 4, 2014, hereby state that such argument is true and correct to the best of their knowledge and belief.
/s/Garry T. Eagles, Ph.D., Humboldt County Superintendent of Schools
/s/Gregg Gardiner, Chair, Citizens in Support of Eureka City Schools
/s/Susan Johnson, Eureka City Schools Board Member
/s/Wendy Davis, President Eureka City Schools Board
/s/Kathryn G. Smith, President/Superintendent, College of the Redwoods
No arguments against Measure S were submitted.
|Tax Rate Statement|
|An election will be held in Eureka City Schools (the "District") on November 4, 2014 to authorize the sale of up to $49,750,000 in bonds of the District to finance school facilities as described in the Measure. 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.
1. The best estimate of the tax 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 .0600 cents per $100 ($60 per $100,000) of assessed valuation in fiscal year 2015-16.
2. The best estimate of the tax which would be required to be levied 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 .0600 cents per $100 ($60 per $100,000) of assessed valuation in fiscal year 2021-22.
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 valuations available at the time of filing of this statement, is .0600 cents per $100 ($60 per $100,000), which rate is expected to be levied in each year while the bonds are outstanding.
Voters should note that the estimated tax rates are based on the ASSESSED VALUE of taxable property on the County's official tax rolls, not on the property's 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 the 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: November 4, 2014