Kingsburg Joint Union High School District Bond Issue, Measure K (June 2014)
Measure K authorized the district to increase its debt by $13 million through issuing general obligation bonds in that amount in order to improve district facilities and technology. The property tax rate required to repay these bonds was estimated at $29 per $100,000 of assessed valuation at the time of the election.
A 55% supermajority vote was required for the approval of Measure K.
- These results are from the Fresno County elections office, Kings County elections office and Tulare County elections office.
Election results summary:
Text of measure
The question on the ballot:
To improve the quality of education with funding that cannot be taken by the State; improve student access to computers and modern technology; repair/replace leaky roofs; make health, safety and handicapped accessibility improvements; upgrade inadequate electrical systems; and modernize classrooms, restrooms and school facilities; shall the Kingsburg Joint Union High School District issue $13 million of bonds at legal rates, have an independent citizens’ oversight committee and have no money used for administrative salaries, with all funds staying local?
The following impartial analysis of Measure K was prepared by the office of the county counsel:
Voter approval of this measure will authorize the governing board of the Kingsburg Joint Unified High School District (the “District”) to issue and sell bonds in the maximum amount of Thirteen Million Dollars ($13,000,000.00), bearing interest at legal rates and with maturity dates within the legal limits. The bond proceeds may be expended to construct, reconstruct, rehabilitate, furnish, equip, or replace school facilities within the District. Bond proceeds may also be expended to acquire or lease real property for school facilities in the District. The bonds proceeds may not be used for any other purpose, including teacher or administrator salaries or other school operating expenses. This measure would require annual, independent, performance and financial audits of the proceeds and appointment of a citizens’ oversight committee. This measure was placed on the ballot by order of the governing board of the District.
—Kevin B. Briggs, Fresno County Counsel
The following tax rate statement was provided by the superintendent of Kingsburg Joint Union High School District:
An election will be held in the Kingsburg Joint Union High School District (the “District”) on June 3, 2014 to authorize the sale of $13,000,000 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 $.0290 per $100 ($29.00 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 $.0290 per $100 ($29.00 per $100,000) of assessed valuation in fiscal year 2020-21.
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 $.0290 per $100 ($29.00 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.
—Randy Morris, Kingsburg Joint Union High School District Superintendent
The following individuals signed the official arguments in favor of Measure K:
- Steve Safarjian
- Jason Coddington
- William O. Swanson
- Brent Lunde
Arguments in favor
The following official arguments were submitted in support of Measure K:
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, there are still school facilities at the Kingsburg Joint Union High 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 K!
Although our high school has been well maintained over the years, it is now time to finish our plan to fully renovate our campus in to a sustainable 21st Century learning environment. Measure K would allow the District to improve our school and the quality of education provided to local students. By investing in our high school, we can meet today’s safety, technological, and educational standards and better our community.
If passed, Measure K will provide funding to make facility improvements at Kingsburg High School including:
Measure K makes financial sense and protects taxpayers.
Measure K 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 K!
—Steve Safarjian, Jason Coddington, William O. Swanson and Brent Lunde
No official arguments were submitted in opposition to Measure K. If you have an argument that you would like to see posted here, please email the Local Ballot Measure Project staff writer.
- Local school bonds on the ballot
- Kings County, California ballot measures
- Tulare County, California ballot measures
- Fresno County, California ballot measures
- June 3, 2014 ballot measures in California
- Fresno County Elections Office website, "Juen 3, 2014 election sample ballot," archived May 20, 2014
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.