Burton School District, California, Bond Issue, Measure L (November 2016)
| Measure L: Burton School District Bond Issue |
|---|
|
| The basics |
| Election date: |
| November 8, 2016 |
| Status: |
 ApprovedMajority required: 55% |
| Topic: |
| Local school bonds Tax: $29.87 per $100,000 in value Matures in: Legal limit |
| Related articles |
| Local school bonds on the ballot November 8, 2016 ballot measures in California Tulare County, California ballot measures |
| See also |
| Burton School District, California |
A bond issue measure was on the ballot for Burton School District voters in Tulare County, California, on November 8, 2016. It was approved.
| A yes vote was a vote in favor of authorizing the district to increase its debt by up to $6.5 million, with an estimated total debt service cost—principal and interest—of $14,100,000. |
| A no vote was a vote against authorizing the district to increase its debt by up to $6.5 million, with an estimated total debt service cost—principal and interest—of $14,100,000. |
District voters defeated a nearly identical bond issue measure, Measure B, in June 2016.
A 55 percent supermajority vote was required for the approval of Measure L.
Election results
| Measure L | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 2,640 | 57.25% | ||
| No | 1,971 | 42.75% | ||
- Election results from Tulare County Elections Office
Text of measure
Ballot question
The following question appeared on the ballot:[1]
| “ | To improve the quality of education with funding that cannot be taken by the state; repair or replace leaky roofs; make health and safety improvements; replace outdated heating, ventilation and air-conditioning systems; upgrade inadequate electrical systems; replace deteriorating plumbing systems; and modernize outdated classrooms, restrooms and school facilities; shall the Burton School District issue $6,500,000 of bonds at legal interest rates, have an independent citizens' oversight committee and have NO money used for salaries?[2] | ” |
Impartial analysis
The following impartial analysis of the measure was prepared by the office of the Tulare County Counsel:
| “ |
Section 1(b) of Article XIIIA of the California Constitution and Education Code section 15264 et seq., permit a school district to seek voter approval to increase ad valorem taxes (those based on assessed value of real property) above the 1% constitutional limit in order to pay for certain bonded indebtedness. Pursuant to this authority, the Board of Trustees (the “Board”) of the Burton School District (the “District”) is seeking voter approval of a general obligation bond measure to fund construction, reconstruction, rehabilitation, or replacement of school facilities within the District, which may include the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities. Voter approval authorizes the District to issue and sell up to $6,500,000 in general obligation bonds (aggregate principal amount) to fund projects on its approved “Bond Project List.” The Bond Project List (contained in the full text of the ballot measure) describes the specific projects the District proposes financing with bond sale proceeds. The measure does not guarantee that any specific project on the Bond Project List will be funded or completed. The District may use bond proceeds only for the purposes specified in the measure, which may include costs incurred in connection with issuance of the bonds, or the cost of District staff when performing work on or necessary and incidental to bond projects. Bond proceeds may not be used for any other purpose, including teacher or administrator salaries or other school operating expenses. The bonds would bear interest, payable at a rate not to exceed the legal limit. The term of the bonds would also be within legal limits. Information regarding the estimated tax rate necessary to repay these bonds is found in the “Tax Rate Statement” prepared by the District. The tax rates stated are the District’s best estimates based on projections derived 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 measure includes Board certification that it evaluated safety, class size reduction, and information technology needs in developing the Bond Project List. The measure requires establishment of a special account for the deposit of bond sale proceeds; an independent citizens’ oversight committee; annual, independent performance and financial audits; and annual reports to the Board detailing the amount of funds collected and expended and the status of projects funded by the measure. If the measure is not approved by at least 55% of the eligible votes cast, the measure will fail and the bonds will not be issued. This measure was placed on the ballot by order of the governing board of the District. [2] |
” |
| —Tulare 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 Burton School District, California.
Recent news
The link below is to the most recent stories in a Google news search for the terms Burton School District Local school bonds Measure L. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
External links
Footnotes
- ↑ Tulare County Registrar of Voters, "Local Ballot Measure Text," accessed November 1, 2016
- ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Tulare County Elections Office, "Sample Ballot Lookup Tool," accessed December 5, 2016
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