presents
Voter’s Edge California
Conozca la información antes de votar.
Presentado por
MapLight
League of Women Voters of California Education Fund
KPBS Voters Guide@KPBSNews
November 6, 2018 — Elección General de California
Distrito especial

Lowell Joint School District
Measure LL - 55% Approval Required

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Resultados electorales

Se aprueba

7,664 votos si (63.6%)

4,386 votos no (36.4%)

100% de distritos activos (24/24).

0 boletas electorales serán contadas.

School Bond
— undefined

To repair and modernize aging classrooms/school facilities at local elementary/intermediate schools to meet current building/safety standards, repair termite damage, dry rot, deteriorating roofs, plumbing, and electrical, improve student safety/security systems, and upgrade classrooms, science labs, and facilities to support student achievement in math, science, technology, and arts, shall Lowell Joint School District issue $48,000,000 in bonds at legal interest rates, with independent citizen oversight, no money for administrator salaries, and all money staying local?

¿Qué es esta propuesta?

Información básica sobre la iniciativa de ley — Información oficial sobre esta iniciativa

Análisis del analista legislativo / Proposal

Mary C. Wickham, County Counsel

Approval of Measure LL (“Measure”) would authorize the Board of Trustees (“Board”) of the Lowell Joint School District (“District”), which placed the Measure on the ballot by Resolution 2018-19 No. 724, to issue general obligation bonds in an amount not to exceed $48,000,000.

Proceeds from the sale of the bonds authorized by the Measure shall be used only for the purposes specified in the Measure, including, but not limited to, upgrading classrooms, buildings, labs, restrooms, common areas/grounds, and school support facilities; repairing or replacing doors, windows, hardware, roofs, gutters, walls, ceiling, finishes, paint, siding, insulation, cabinets, storage, and flooring; upgrading lighting, sinks, drinking fountains, fixtures, signage, fencing, landscaping, whiteboards, furniture and equipment; renovating or replacing electrical, heating, cooling, ventilation, water, sewer, gas, irrigation, and drainage; acquiring energy efficient and renewable energy monitoring systems, fixtures, and equipment; constructing additional classrooms and replacing existing portable classrooms with modular or permanent classrooms; expanding parking areas; improving access for disabled students; installing fire alarm, fire protection, instructional medial and communication systems; acquiring fencing, gates, locks, security lighting, alarms, surveillance, and electronic marquees; and upgrading playgrounds, instructional areas, athletic fields and facilities, including playground equipment and fixtures. Bond proceeds may not be expended on teacher or administrator salaries or other operating expenses.

The Board shall cause independent performance and financial audits to be conducted annually to ensure that bond proceeds are spent only for the projects identified in the Measure. The Board shall appoint an independent Citizens’ Oversight Committee (“Committee”) under Education Code section 15278 et seq. no later than 60 days after the Board enters the election results in its minutes. The Committee will ensure that bond proceeds are spent as specified in the Measure and as provided by law. The Board shall deposit bond proceeds in a special account and comply with statutory reporting requirements.

Bonds shall be issued under Education Code section 15264 et seq. or Government Code section 53506. The maximum rate of interest on any bond shall not exceed the legal limit. According to the District’s Tax Rate Statement, the best estimate of the average tax rate required to fund the bonds, based on assessed valuations available when the District filed the statement, is $30 per $100,000 of assessed valuation. The best estimate of the highest tax rate required to fund the bonds is the same as the average tax rate. The final fiscal year the tax is estimated to be collected is 2051-52. The estimated total debt service required to be repaid if all bonds are issued and sold is $95,661,874, including principal and interest. Estimated tax rates are based on the assessed value of taxable property on the official tax rolls, not on a property’s market value.

This Measure requires a fifty-five percent (55%) vote for passage.

Tax rate

An election will be held in the Lowell Joint School District (the “District”) on November 6, 2018, to authorize the sale of up to $48,000,000 in bonds of the District to finance school facilities as described in the proposition. If the bonds are approved, the District expects to issue the bonds in multiple 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 through 9405 of the California Elections Code.

1. The best estimate of the average annual tax rate that would be required to be levied to fund this bond issue over the entire duration of the bond debt service, based on assessed valuations available at the time of filing of this statement, is 3 cents per $100 ($30.00 per $100,000) of assessed valuation. The final fiscal year in which the tax to be levied to fund this bond issue is anticipated to be collected is fiscal year 2051-52.

2. The best estimate of the highest tax rate that 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 3 cents per $100 ($30.00 per $100,000) of assessed valuation, which is projected to be the same in every fiscal year that the bonds remain outstanding.

3. The best estimate of the total debt service, including the principal and interest, that would be required to be repaid if all of the bonds are issued and sold is approximately $95,661,874.

Voters should note that 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, which could be more or less than the assessed value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner’s exemption, will be taxed at a lower effective tax rate than described above. Certain taxpayers may also be eligible to postpone payment of taxes. Property owners should consult their own property tax bills and tax advisors 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 average annual tax rate, the highest tax rate and the year or years in which they will apply, and the actual total debt service, may vary from those presently estimated due to variations in the timing of bond sales, the amount of bonds sold, 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 need for construction funds and other factors, including the legal limitations on bonds approved by a 55% affirmative vote. 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.

JIM COOMBS
Superintendent
Lowell Joint School District

Published Arguments — Arguments for and against the ballot measure

Argumento A FAVOR

Vote Yes on LL to keep neighborhood schools on top by providing safe and up-to-date classrooms for all elementary and intermediate students in our community. While our students continue to excel, our schools are over 50 years old and require basic safety repairs and updates. Roofs leak, support beams have extensive termite damage and dry rot and old plumbing and electrical need updating.

Every penny from Measure LL will be dedicated to repairs and upgrades at El Portal Elementary, Jordan Elementary, Macy Elementary, Meadow Green Elementary, Olita Elementary and Rancho-Starbuck Intermediate schools.

We know we cannot rely on the state to fund these critical repairs and updates our schools need. That is why we need Measure LL. By law, all funds must stay here and cannot be taken away by the State. An independent citizens’ oversight committee and mandatory annual audits will ensure that funds are spent as promised. No funds can go towards administrator/teacher salaries, benefits or pensions.

Measure LL will:
– Repair leaky roofs, rusty plumbing and failing electrical systems
– Remove hazardous materials and replace damaged and rotting wood and support beams
– Renovate classroom facilities to meet building and safety standards
– Upgrade classrooms, facilities and technology infrastructure to support high-quality instruction
– Improve student safety and campus security
– Increase energy efficiency
– Improve access to facilities for students with disabilities

Measure LL is fiscally accountable:
– Independent citizens’ oversight and annual audits are required
– Funds cannot be spent on administrator/teacher salaries, benefits or pensions
– No funds can be taken away by the State

We are fortunate to live in a community with outstanding neighborhood schools that prepare our students to achieve success in high school, college and future careers. Additionally, our excellent schools improve the quality of life in our community and protect the values of our homes. Please join parents, teachers, business and community leaders and vote Yes on LL.

JAN AVERILL
Former LJSD Board Trustee

JANE WILIAMS
La Habra Heights Council Member

HELYN “LYN” CARTY
LJSD Parent, Local Businesswoman

MARTIN TOURVILLE
LJSD Board Trustee, Banker

DAVID LITTLE
Certified Financial Planner

Argumento EN CONTRA

NO ARGUMENT AGAINST THIS MEASURE WAS SUBMITTED

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