El Rancho Unified School District, California, Bond Issue, Measure ER (November 2016)
| Measure ER: El Rancho Unified School District Bond Issue |
|---|
| The basics |
| Election date: |
| November 8, 2016 |
| Status: |
Majority required: 66.67% |
| Topic: |
| Local school bonds Tax: $99 per $100,000 in value Matures in: Legal limit |
| Related articles |
| Local school bonds on the ballot November 8, 2016 ballot measures in California Los Angeles County, California ballot measures |
| See also |
| El Rancho Unified School District, California |
A bond issue measure was on the ballot for El Rancho Unified School District voters in Los Angeles 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 $200 million through issuing general obligation bonds in that amount. |
| A no vote was a vote against issuing $200 million in bonds. |
A two-thirds (66.67%) vote was required for the approval of this measure.
Election results
| Measure ER | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| 13,790 | 69.09% | |||
| No | 6,170 | 30.91% | ||
- Election results from Los Angeles County Elections Office
Text of measure
Ballot question
The following question appeared on the ballot:[1]
| “ |
To modernize/rebuild El Rancho High School for the 21st Century, prepare students for jobs of the future, improve/expand science/career training labs, repair/improve neighborhood schools, including aging classrooms, roofs, restrooms, heating/air conditioning/electrical systems, strengthen school safety/security, and repair/acquire/construct school sites and facilities, shall El Rancho Unified School District issue $200,000,000 in bonds at legal rates, requiring annual audits, citizen oversight and no money for administrator salaries, all funds for local schools?[2] |
” |
Impartial analysis
The following impartial analysis of the measure was prepared by the office of the Los Angeles County Counsel:
| “ |
Approval of Measure ER (“Measure”) would authorize the Board of Education (“Board”) of the El Rancho Unified School District (“District”), which placed the Measure on the ballot by Resolution No. 01-2016/2017, to issue general obligation bonds in an amount not to exceed $200,000,000. 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, rebuilding and modernizing El Rancho High School; repairing or replacing roofs, wiring, and electrical and plumbing systems; upgrading and installing new security systems, such as alarms, fencing, lighting, and fire-safety systems; upgrading heating and air-conditioning systems; repairing or replacing outdated classrooms, restrooms, labs, and school buildings; removing asbestos and other hazardous materials from older schools; and replacing portable classrooms and restrooms with permanent structures. Bond proceeds may not be expended on teacher and administrator salaries and pensions and 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 cause the appointment of an independent Citizens’ Oversight Committee to ensure that all funds are spent only as authorized and in compliance with applicable law. The maximum rate of interest on any bond shall not exceed the amount allowed by law. According to the District’s Tax Rate Statement, the best estimate of the highest tax rate required to fund the bonds, based on estimated assessed valuations available when the District filed its Tax Rate Statement, or on a projection based on experience within the District and other demonstrable factors, is $99 per $100,000 of the assessed value of taxable property, which is expected to be the same in each year during the term of repayment of the bonds. Estimated tax rates are based on the assessed value of taxable property on the official tax rolls, not on the property’s market value. This Measure requires a two-thirds (2/3) 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 El Rancho Unified School District, California.
Recent news
The link below is to the most recent stories in a Google news search for the terms El Rancho Unified School District Local school bonds. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
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External links
Footnotes
- ↑ Los Angeles County Registrar-Recorder/County Clerk, "Measures Appearing on the Ballot," 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.
- ↑ Voter's Edge California, "Measure ER," accessed November 2, 2016
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