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San Ramon Valley Unified School District bond proposition, Measure D (November 2012)
From Ballotpedia
Contents |
Measure D authorized the school district to borrow $260 million. The funds to repay the loan would come from property owners in the district. They are expected to pay $13.20 in increased property taxes each year for 25 years for each $100,000 of assessed valuation of their property.[1]
A 55% supermajority vote was needed for approval.
Election results
| Measure D | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 37,380 | 56.83% | ||
| No | 28,394 | 43.17% | ||
- Final official results from the Contra Costa County elections office.
Support
- School board president Greg Marvel said, "This is a once-in-a-lifetime opportunity. We have low construction costs and low interest rates. If we don't grab this now, people will look back and wonder what the board was thinking."[1]
Use of funds
Funds from the loan will be spent in these areas:
- Modernization of eight elementary and middle schools: $77.5 million.
- Renovations/replacement, Stone Valley Middle School (Phases I-III): $43.5 million
- Stone Valley Middle (Phase IV): $21.4 million
- Construction of 47 classrooms, San Ramon Valley High (Phase I): $28.2 million
- San Ramon Valley High School (Phase II): $24 million
- Construction of eight to 11 classrooms, Dougherty Valley High: $6.4 million
- Construction of 18 classrooms, Monte Vista High: $18 million
- New school in Dougherty Valley: $31.3 million
- Technology infrastructure improvements: $8.5 million
- Seismic improvements: $3-8 million
Text of measure
The question on the ballot:
| "To improve local elementary, middle and high school classrooms, labs and learning facilities by adding classrooms to prevent school overcrowding; upgrading fire, security and earthquake safety; updating science labs, and instructional technology infrastructure for 21st-century learning; improving energy efficiency; and renovating, constructing and equipping schools, facilities and classrooms, shall San Ramon Valley Unified School District issue $260 million in bonds, at legal rates, with citizens’ oversight, annual audits, no funds for administrators’ salaries and all funds benefitting local schools?" |
See also
External links
References
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