Davis Joint Unified School District, California, Measure M, Bond Issue (November 2018)
| Measure M: Davis Joint Unified School District School Bond Issue |
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| The basics |
| Election date: |
| November 6, 2018 |
| Status: |
 Approved
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| Topic: |
| Local school bonds Tax: $0.06 per $100 of assessed value Matures in: Legal limit |
| Related articles |
| Local school bonds on the ballot November 6, 2018 ballot measures in California Yolo County, California ballot measures Other counties Local education on the ballot |
| See also |
| Davis Joint Unified School District, California |
A bond issue was on the ballot for Davis Joint Unified School District voters in Yolo and Solano counties in California on November 6, 2018. It was approved.
| A yes vote was a vote in favor of allowing the school district to issue up to $150,900,000 in bonds at an estimated tax rate of $60 per $100,000 of assessed value for school upgrades. |
| A no vote was a vote against allowing the school district to issue up to $150,900,000 in bonds at an estimated tax rate of $60 per $100,000 of assessed value for school upgrades. |
Election results
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Davis Joint Unified School District Measure M |
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| Result | Votes | Percentage | ||
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22,211 | 74.47% | ||
| No | 7,616 | 25.53% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
To update classrooms, science/innovation labs, and facilities to meet current academic standards, improve accessibility for students, upgrade school safety/security, keep schools well-maintained, and modernize classroom learning technology, shall Davis Joint Unified School District issue $150,900,000 in bonds, at legal interest rates, raising $11,000,000 on average annually to repay bonds while outstanding, at an estimated rate of $60 per $100,000 of assessed value, with citizen oversight, annual audits, no funds for administrator salaries, and funds staying local?[2] |
” |
Impartial analysis
The following impartial analysis of the measure was prepared by the office of the Solano County Counsel:
| “ |
A “Yes” vote on this measure means: general obligation bonds totaling $150,900,000 will be issued to fund specified school facilities projects. A “No” vote on the measure means: general obligation bonds totaling $150,900,000 will not be issued to fund specified school facilities projects. Measure M will authorize the sale of general obligation bonds of the Davis Joint Unified School District (“District”) in series in the aggregate amount of $150,900,000. The District’s governing board placed the measure on the ballot. Measure M requires approval by 55 percent of the voters of the District voting on it. The purpose of the measure is to complete basic upgrades to meet current student health and safety standards, to improve schools to meet current academic standards and provide access to modern instructional technology, to provide dedicated space for science, math, engineering, arts and music instruction, support 21st century learning and address specific priorities at individual school sites, and to perform all work necessary and incidental to specified bond projects. The bond proceeds shall be used to finance the construction, reconstruction, rehabilitation or replacement of school facilities, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities, as identified in the Bond Project List (reprinted completely in the sample ballot pamphlet). The District evaluated its facilities needs and identified the projects to be financed by this bond measure. The District certified that it had evaluated safety, class size reduction and information technology needs in developing the Bond Project List. The specific projects authorized to be financed include 27 categories of projects to be performed at all the District’s schools and sites. Inclusion of a project on the Bond Project List is not a guarantee that the project will be completed. The listed projects will be completed as needed at a school or facility site according to the District’s governing board’s priorities, and the order in which the projects appear on the Bond Project List is not an indication of priority for funding or completion. The District cannot guarantee that the bonds will provide sufficient funds to allow completion of all listed projects. Where feasible, the District may partner with other agencies on a joint use basis to complete projects using bond proceeds. The District must conduct annual, independent financial and performance audits and appoint a citizens’ oversight committee to ensure that the bond proceeds are spent only for the specific projects listed in the Bond Project List. The bond proceeds cannot be used to pay for teacher and administrator salaries and other school operating expenses. The bonds must mature no later than the statutory maximum from the date of the bonds and the maximum interest rate on the bonds shall not exceed 12 percent. The procedures required for the approval and issuance of the general obligation bonds, including the process of submitting Measure M to the vote of the District’s electors, are as specified in the California Government, Education and Election Codes.[2] |
” |
| —Solano 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 Davis Joint Unified School District, California.
See also
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External links
Footnotes
- ↑ Davis Joint Unified School District, "Preparing for the Future," accessed October 4, 2018
- ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Solano County, "DAVIS JOINT UNIFIED SCHOOL DISTRICT BOND PROPOSAL," accessed October 4, 2018
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