Baldwin Park Unified School District, California, Measure AE, Bond Issue (November 2018)
| Measure AE: Baldwin Park Unified School District Bond Issue |
|---|
| The basics |
| Election date: |
| November 6, 2018 |
| Status: |
Majority required: 55% |
| Topic: |
| Local school bonds Tax: $.06 per $100 in value Matures in: Legal limit |
| Related articles |
| Local school bonds on the ballot November 6, 2018 ballot measures in California Los Angeles County, California ballot measures Local bond issue on the ballot |
| See also |
| Baldwin Park Unified School District, California |
A bond issue was on the ballot for Baldwin Park Unified School District voters in Los Angeles County, California, on November 6, 2018. It was approved.
| A yes vote was a vote in favor of authorizing the district to issue up to $69 million in bonds at an estimated tax rate of $0.06 per $100 in assessed value to upgrade facilities and infrastructure. |
| A no vote was a vote against authorizing the district to issue up to $69 million in bonds at an estimated tax rate of $0.06 per $100 in assessed value to upgrade facilities and infrastructure. |
Election results
|
Baldwin Park Unified School District Measure AE |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
| 10,395 | 78.89% | |||
| No | 2,782 | 21.11% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
To upgrade classrooms, labs, career training facilities to prepare students for college/careers in math, science, technology, engineering, skilled trades/arts; improve school safety; acquire, construct/repair classrooms, facilities, sites/equipment; repair roofs, plumbing/electrical systems; shall Baldwin Park Unified School District’s measure authorizing $69,000,000 in bonds at legal rates, levying 6 cents/$100 assessed value, averaging $4,200,000 annually while bonds are outstanding, be adopted, with citizen oversight, all money locally controlled? [2] |
” |
Impartial analysis
The following impartial analysis of the measure was prepared by the office of the Los Angeles County Counsel:
| “ |
Approval of Measure AE (“Measure”) would authorize the Board of Education (“Board”) of the Baldwin Park Unified School District (“District”), which placed the Measure on the ballot by Resolution No. 3, 2018-2019, to issue general obligation bonds in an amount not to exceed $69,000,000. Proceeds from the sale of the bonds authorized by the Measure shall be used only for the purposes specified in the measure, including, but not limited to: repairing/replacing roofs, plumbing and electrical systems; updating facilities, technology, and classrooms for math, science, engineering, and labs; upgrading facilities for music, visual, and performing arts; improving access for disabled students; replacing heating, cooling, lighting, and water systems; replacing aging classrooms; installing campus security systems, including fencing, secured entry, door locks, security cameras, emergency communications systems, smoke detectors, fire alarms, and sprinklers; and removing hazardous materials. Bond proceeds may be used to pay or reimburse the District for the cost of District staff when performing work on, or necessary or incidental to, bond projects. Bond proceeds may not be expended on teacher or administrator salaries or other operating expenses. The Board shall cause independent performance and financial audits to be conducted annually to ensure that bond proceeds are spent only for the projects identified in the Measure. The Board shall appoint an independent Citizens’ Oversight Committee under Education Code section 15278 et seq., no later than 60 days after the Board enters the election results in its minutes, to ensure that bond proceeds are spent as specified in the Measure and as provided by law. The Board shall deposit bond proceeds in a special account and comply with statutory reporting requirements. Bonds shall be issued under Education Code section 15264 et seq. or Government Code section 53506. The bonds shall not exceed the maximum interest rate or maturity as allowed by the law. According to the District’s Tax Rate Statement, the best estimate of the average tax rate required to fund the bonds, based on assessed valuations available when the District filed the statement, is $60 per $100,000 of assessed valuation. The best estimate of the highest tax rate required to fund the bonds is the same as the average tax rate. The final fiscal year the tax is estimated to be collected is 2052-53. The estimated total debt service to be repaid if all bonds are issued and sold is $144,235,300, including principal and interest. Estimated tax rates are based on the assessed value of taxable property on the official tax rolls, not on a property’s market value. This Measure requires a fifty-five percent (55%) vote for passage.[2] |
” |
| —Los Angeles County Counsel[3] | ||
Full text
The full text of the measure is available here.
Path to the ballot
This measure was put on the ballot through a vote of the governing officials of Baldwin Park Unified School District, California.
See also
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External links
Footnotes
- ↑ County of Los Angeles, "Current and Upcoming Elections," accessed September 30, 2018
- ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Los Angeles County Elections, "Sample Ballot," accessed October 5, 2018
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