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Hydesville Elementary School District Bond Issue, Measure M (June 2014)

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A Hydesville Elementary School District Bond Issue, Measure M ballot question was on the June 3, 2014 election ballot for voters in the Hydesville Elementary School District in Humboldt County, California, where it was approved.

Measure M authorized the district to increase its debt by $1.1 million through issuing general obligation bonds in that amount in order to modernize, renovate, replace and improve school facilities and technology. The property tax rate required to repay these bonds was estimated by the superintendent to be $30 per $100,000 of assessed valuation.[1]

A 55% supermajority vote was required for the approval of Measure M.

Election results

Measure M
ResultVotesPercentage
Approveda Yes 244 65.77%
No12734.23%
Election results from Humboldt County Elections Office

Text of measure

Ballot question

The question on the ballot:[1]

To improve the quality of education with funding that cannot be taken by the State; modernize and renovate outdated classrooms, restrooms and school facilities; replace temporary portables with permanent classrooms; increase student access to computers and modern technology; and improve P.E. fields and facilities for school and community use; shall the Hydesville Elementary School District issue $1,100,000 of bonds at legal interest rates, have an independent citizens' oversight committee and have NO money used for administrator salaries? [2]

Impartial analysis

The following impartial analysis of Measure M was prepared by the office of the county counsel:[1]

A YES VOTE on Measure “M” would authorize the Hydesville Elementary School District to issue and sell general obligation bonds up to a maximum of $1,010,000. The bonds will bear interest at a rate not to exceed the legal limit. The bonds are to be issued under the authority of the Government Code and the maximum duration of the bonds cannot exceed the legal limit. If approved, the issuance of bonds would be in accordance with the laws of the State of California.

The District may use the proceeds from the sale of bonds only to provide financing for the school facility, classroom repair, and renovation projects that are identified in the Bond Project List. The listed projects will be completed as needed. As required by law, the Board of Trustees has certified that it has evaluated safety, class size reduction, enrollment growth, and information technology needs in developing the project list.

If the measure is approved and bonds are issued, the District is required by law to meet certain accountability requirements. To meet these requirements, Measure M requires that the Board of Trustees will establish accounts into which bond proceeds will be deposited, and that the Board of Trustees will annually conduct an independent performance audit as well as an independent financial audit of the proceeds from the sale. In addition the Board of Trustees will establish a Citizens’ Oversight Committee to assure that funds are expended only as specified on the projects listed in the measure.

The District has estimated that the tax rate levied to meet the debt service requirements of the bonds will not exceed $30 per year per $100,000 of assessed valuation of taxable property.

This Measure will not become effective, and the bond issuance and sale will not occur, unless the measure is approved by fifty-five percent (55%) of the registered voters voting on the measure. [2]

—Humboldt County Counsel[1]

Tax statement

The following tax statement for Measure M was prepared by the superintendent of the school district:[1]

An election will be held in the Hydesville Elementary School District (the “District”) on June 3, 2014 to authorize the sale of $1,100,000 in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code.

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 $.0300 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2014-15.

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 $.0300 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2014-15.

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 $.0300 per $100 ($30.00 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. [2]

—John Blakely, superintendent of the Hydesville Elementary School District[1]

Support

Supporters

The following individuals signed the official arguments in favor of Measure M:[1]

  • John Blakely, superintendent of the district
  • Clint Victorine, local business owner
  • Michaell Murrish, store owner
  • George Gredassoff, president of the district's board
  • Mercedes Crispin, educator

Arguments in favor

Official arguments

The following official arguments were submitted in favor of Measure M:[1]

Our schools are the most important assets in our community and should be our number one priority. From higher achieving students, to greater neighborhood safety and improved property values, quality schools make a difference. While our teachers and staff do a great job in educating our children, many classrooms and school facilities at the Hydesville Elementary School District are outdated and inadequate to provide students with the facilities they need to succeed. This is why our children need your YES vote on Measure M!

Although our elementary school has been well maintained over the years, aging classrooms and facilities must be upgraded since many do not meet 21st century standards. Hydesville Elementary School’s portable classrooms have been deemed unsafe by the State and we can no longer use them after this year. By investing in our schools, we can meet today’s safety, technological, and educational standards and better our community.

If passed, Measure M will provide funding to make facility improvements at Hydesville Elementary including:

  • Replacing dilapidated temporary portables with permanent classrooms
  • Modernizing outdated classrooms, restrooms, and school facilities
  • Increasing student access to computers and modern technology
  • Improving P.E. fields and facilities for school and community use

Measure M makes financial sense and protects taxpayers.

  • All funds must be spent locally and cannot be taken by the State.
  • By law, spending must be reviewed and annually audited by an independent citizens’ oversight committee.
  • Funds can only be spent to improve our local elementary school, not for teacher or administrator salaries.

Measure M upgrades and renovates old and inadequate school facilities, improves the education of local children, and maintains the quality of our community. That’s something we can all support. Please join us and VOTE YES ON MEASURE M! [2]

—John Blakely, Clint Victorine, Michaell Murrish, George Gredassoff and Mercedes Crispin[1]

Opposition

No official arguments were submitted in opposition to Measure M. If you have an argument that you would like to see posted here, please email the Local Ballot Measure Project staff writer.

See also

External links

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References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Humboldt County Elections office, Humboldt County, June 3, 2014 sample ballot information, accessed May 8, 2014
  2. 2.0 2.1 2.2 2.3 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.