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

Davis Joint Unified School District
Measure M Bond Measure - 55% Approval Required

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Resultados electorales

Se aprueba

18 votos si (66.7%)

9 votos no (33.3%)

100% de distritos activos (1/1).

27 boletas electorales serán contadas.

School Bond
— undefined

To update classrooms, science/Innovation labs, and facilities to meet current academic standards, improve accessibility for students, upgrade school safety/security, keep schools well-maintained, and modernize classroom learning technology, shall Davis Joint Unified School District Issue $150,900,000 in bonds, at legal interest rates, raising $11,000,000 on average annually to repay bonds while outstanding, at an estimated rate of $60 per $100,000 of assessed value, with citizen oversight, annual audits, no funds for administrator salaries, and funds staying local?

¿Qué es esta propuesta?

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

Un voto por el SÍ significa

A “Yes” vote on this measure means: general obligation bonds totaling $150,900,000 will be issued to fund specified school facilities projects.

Un voto por el NO significa

A “No” vote on the measure means: general obligation bonds totaling $150,900,000 will not be issued to fund specified school facilities projects.

Análisis del analista legislativo / Proposal

Solano County Counsel

Impartial Analysis of Measure M
DAVIS JOINT UNIFIED SCHOOL DISTRICT BOND PROPOSAL

A “Yes” vote on this measure means: general obligation bonds totaling $150,900,000 will be issued to fund specified school facilities projects.

A “No” vote on the measure means: general obligation bonds totaling $150,900,000 will not be issued to fund specified school facilities projects.

Measure M will authorize the sale of general obligation bonds of the Davis Joint Unified School District (“District”) in series in the aggregate amount of $150,900,000. The District’s governing board placed the measure on the ballot.

Measure M requires approval by 55 percent of the voters of the District voting on it.

The purpose of the measure is to complete basic upgrades to meet current student health and safety standards, to improve schools to meet current academic standards and provide access to modern instructional technology, to provide dedicated space for science, math, engineering, arts and music instruction, support 21st century learning and address specific priorities at individual school sites, and to perform all work necessary and incidental to specified bond projects.

The bond proceeds shall be used to finance the construction, reconstruction, rehabilitation or replacement of school facilities, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities, as identified in the Bond Project List (reprinted completely in the sample ballot pamphlet).

The District evaluated its facilities needs and identified the projects to be financed by this bond measure. The District certified that it had evaluated safety, class size reduction and information technology needs in developing the Bond Project List.

The specific projects authorized to be financed include 27 categories of projects to be performed at all the District’s schools and sites.

Inclusion of a project on the Bond Project List is not a guarantee that the project will be completed. The listed projects will be completed as needed at a school or facility site according to the District’s governing board’s priorities, and the order in which the projects appear on the Bond Project List is not an indication of priority for funding or completion. The District cannot guarantee that the bonds will provide sufficient funds to allow completion of all listed projects.

Where feasible, the District may partner with other agencies on a joint use basis to complete projects using bond proceeds.

The District must conduct annual, independent financial and performance audits and appoint a citizens’ oversight committee to ensure that the bond proceeds are spent only for the specific projects listed in the Bond Project List. 

The bond proceeds cannot be used to pay for teacher and administrator salaries and other school operating expenses.

The bonds must mature no later than the statutory maximum from the date of the bonds and the maximum interest rate on the bonds shall not exceed 12 percent.

The procedures required for the approval and issuance of the general obligation bonds, including the process of submitting Measure M to the vote of the District’s electors, are as specified in the California Government, Education and Election Codes.

Dennis Bunting
Solano County Counsel

EC § 9500

Tax rate

Superintendent, Davis Joint Unified School District

TAX RATE STATEMENT

An election will be held within the boundaries of Davis Joint Unified School District ("School District") on November 6, 2018 to authorize the sale of up to $150,900,000 in bonds to finance facilities as described in the measure. If the bonds are approved, the School District expects to sell the bonds in multiple series. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property located within the School District. The following information is provided in compliance with Sections 9400 to 9404, inclusive, of the California Elections Code.

  1. The best estimate from official sources 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 the election, a projection based on experience within the same jurisdiction and other demonstrable factors, is estimated to be $0.0598 per $100 ($59.98 per $100,000) of assessed valuation. The final fiscal year in which the tax is anticipated to be collected is 2048-49.
  2. The best estimate from official sources of the highest tax rate that would be required to be levied to fund this bond issue, and an estimate of the year in which that rate will apply, based on assessed valuations available at the time of filing this statement, a projection based on experience within the same jurisdiction and other demonstrable factors, is estimated to be $0.0600 per $100 ($60.00 per $100,000) of assessed valuation first occurring in fiscal year 2023-24.
  3. The best estimate from official sources of the total debt service, including the principal and interest, that would be required to be repaid if all the bonds are issued and sold is $317,927,072, which is a repayment ratio of debt service to principal of 2.11 to 1.

Voters should note that the estimated tax rate is based on the ASSESSED VALUE of taxable property on the Yolo County and Solano County (as applicable) 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 School District's projections and estimates only, which are not binding upon the School District. The actual tax rates, debt service 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 School District based on 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 Assessors in the annual assessment and the equalization process.

Signed:         ___________________________

                   John Bowes, Superintendent

Dated:          June 14, 2018

Published Arguments — Arguments for and against the ballot measure

Argumento A FAVOR

Argument in Favor of Measure M

Vote YES on M to repair and update Davis classrooms, science labs and school facilities to support high quality education for local elementary, middle and high school students.

Many classrooms in Davis schools are over 50 years old and require improvements to ensure students learn in a safe and modern environment. Measure M will modernize outated classrooms and labs to meet today's standards for science, technology, engineering, arts and math instruction.

Measure M will complete needed repairs to keep our schools functioning efficiently and protect these community assets by replacing old plumbing, electrical, heating, and ventilation systems.

Measure M will also make our schools safer for Davis students by enhancing earthquake safety and upgrading school security by adding fencing, cameras and access control to help prevent school intruders.

Yes on M upgrades Davis schools for continued student success by:

  • - Updating classrooms, science labs, innovation labs and other facilities to meet current academic and safety standards
  • - Modernizing science, technology, engineering, arts and math classrooms and labs
  • - Keeping schools clean, well-maintained and in good condition
  • - Updating classrooms for career technical education and workforce training
  • - Replacing aging plumbing and electrical systems
  • - Improving accessibility for students with disabilities
  • - Upgrading school safety and security

Measure M Requires Strict Fiscal Accountability

  • - Every penny must be spent to upgrade Davis schools
  • - No funds can be taken away by the State
  • - No funds can be spent on administrator salaries or benefits
  • - A citizens' oversight committee and annual audits will ensure funds are spent as promised

Our great Davis schools make our community a desirable place to live. Keeping our schools strong protects our strong property values and excellent quality of life.

Please join Davis parents, teachers, businesses and community leaders and vote YES on M!

/s/ Dianna Henrickson
Junior High Science Teacher, Lifelong Davis Resident

/s/ Dr. Karl Jandrey
Associate Dean for Admissions and Student Programs, UC Davis School of Veterinary Medicine

/s/ Betsy A. Marchand
Yolo County Supervisor, Retired

/s/ Rick Stromberg
Retired Davis High teacher and coach

/s/ Mike Wyman 
Davis business owner and parent

— Yolo County Registrar of Voters; Solano County Registrar of Voters

Argumento EN CONTRA

[No official argument against Measure M was filed with the Yolo County Registrar of Voters or the Solano County Registrar of Voters.]

— Yolo County Registrar of Voters; Solano County Registrar of Voters

Refutación al argumento A FAVOR

[No official rebuttal to the argument in favor of Measure M was filed with the Yolo County Registrar of Voters or the Solano County Registrar of Voters.]

— Yolo County Registrar of Voters; Solano County Registrar of Voters
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