Silver Falls School District 4J Bond Issue, Measure 24-352 (May 2013)
If approved, this measure would have authorized the Silver Falls School District to increase its debt by $36.9 million through issuing general obligation bonds in that amount in order to fund the improvement projects described below in the Text of measure and Explanatory Statement sections. The bond repayment levy was estimated to remain the same at approximately $3.35 per $1,000 of assessed valuation for the 25-year life of the bonds.
Text of measure
Question on the ballot:
Shall Silver Falls School District No. 4J issue general obligation bonds not exceeding $36,900,000 with citizen oversight? If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of Sections 11 and 11b, Article XI of the Oregon Constitution.
If approved, this measure would provide funds for capital costs and bond issuance costs. Specifically, bond proceeds would be used to:
• Fund deferred maintenance and facility upgrade
projects at each of the District’s elementary schools.
Examples of deferred maintenance projects include
re-roofing, painting, improved plumbing and electrical,
flooring replacement, and parking lot repair. Examples of
facility upgrade projects include door locks, security
cameras, fencing, telephone and intercom, technology
infrastructure, furnishings and equipment.
Bonds would mature in twenty-five (25) years or less from issuance date and may be issued in one or more series. Estimated yearly property tax rate is anticipated to remain at existing levels due to expiration of outstanding bonds. Actual rate may vary depending upon interest rates, assessed value growth, and other factors. Citizen oversight committee will ensure funds are used as intended.
This statement was posted on the County Voter's Guide and submitted by Andy Bellando, Superintendent of the Silver Falls School District:
In September 2011, the most recent Long Range Facility Planning Committee was formed, comprised of community members from each school attendance area in the district as well as municipality, school board and school employee representatives. The group was charged with developing district-wide facility recommendations for consideration by the Silver Falls School Board and met monthly between October 2011 and May 2012. Members became familiar with recent facility studies and current conditions, safety and security needs, history of district schools, projected enrollment, anticipated instructional requirements, 21st century educational needs and other facility related information. Facility recommendations were formed and submitted to the school board in June of 2012. After review, public input and some modifications, the recommendations were approved by the board, including the recommendation to place a bond on the May 2013 ballot. If approved by the voters, bond proceeds would be used for completion of a variety of district-wide deferred maintenance projects and facility upgrades. Completion of these projects would allow for continued use of each school and include the following:
• Roof Replacements.
Based upon a $36,900,000 bond, the total estimated bond levy rate is projected to remain at the current level of approximately $3.35 per $1000 of assessed value for the life of the bond. The final payment on the school bond approved by voters in 1994 (approximately $1.19 per $1000 of assessed value), is scheduled to occur in June 2013 and enables the district to issue the new bond without increasing the total bond levy rate. These rates are estimates only and will vary depending on interest rates, growth in the district’s total assessed value and other factors.
Below is a statement in support of this proposition:
Measure 24-352 is about one thing: Improving the Quality of all schools in the Silver Falls School District (SFSD). It’s our turn to “Pay it Forward.”
There has been significant progress in the quality of our local schools over the past few years. But many of our children still don’t have a safe school and a well-functioning classroom to go to. The average age of SFSD schools is 60 years. Schools built years ago need significant updating; classrooms are inadequate, roofs need repair, plumbing and heating systems are deteriorating, and many classrooms have inadequate lighting, wiring, and electrical outlets for 21st century education.
Measure 24-352 has been placed on the ballot to address the most pressing needs of our school district. It will provide district wide infrastructure upgrades for equal technology access in each school. These upgrades are necessary for our children to remain competitive in an ever demanding technologically dependent society. Measure 24-352 will ensure that our schools have necessary security upgrades to mitigate current school vulnerabilities, creating a more secure and safe environment for our children. All money raised by Measure 24-352 will stay in our communities to benefit our district’s children. It cannot be taken by the state or used for other purposes. Instead it will be used for:
• Roof Replacements
Improving our local schools is essential for our children’s future and success. And this Measure “Will Not Raise Your Current Taxes!” Businesses, labor, teachers, parents, principals, community and religious leaders are all supporting Measure 24-352. Please vote
YES on Measure 24-352.
- For additional arguments in support of this bond measure see the County Voter's Guide.
No statement was submitted in opposition to this proposition. If you have an argument that you would like posted here please email firstname.lastname@example.org.
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- Clackamas County May 21, 2013 Voter’s Guide
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
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