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Fullerton Joint Union High School District, California, Measure K, Bond Issue (March 2020)

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Fullerton Joint Union High School District Measure K
LocalBallotMeasures Final.png
Election date
March 3, 2020
Topic
Local school bonds
Status
Defeatedd Defeated
Type
Referral
Origin
Lawmakers


A bond measure was on the ballot for Fullerton Joint Union High School District voters in Orange County and Los Angeles County, California, on March 3, 2020.[1] It was defeated.

A "yes" vote supported authorizing the district to issue $310 million in school bonds and requiring an average annual tax rate of $30 per $100,000 of assessed property value for bond repayment.
A "no" vote opposed authorizing the district to issue $310 million in school bonds and requiring an average annual tax rate of $30 per $100,000 of assessed property value for bond repayment.


A 55 percent supermajority vote was required for the approval of Measure K.

Election results

Fullerton Joint Union High School District Measure K

Result Votes Percentage
Yes 27,358 47.28%

Defeated No

30,511 52.72%
Results are officially certified.
Source


Text of measure

Ballot question

The ballot question was as follows:[1]

To upgrade, construct and equip high school classrooms, science labs, sites and career- training facilities serving Fullerton, Buena Park, and La Habra supporting college/ career readiness in math, science, technology, arts, and skilled trades, improve campus safety/security, and upgrade roofs/ plumbing/electrical, shall the Fullerton Joint Union High School District measure authorizing $310,000,000 in bonds at legal rates be adopted, levying 3 cents/ $100 assessed value (averaging $20,000,000 annually) while bonds are outstanding, with citizen oversight and all money staying local?[2]

Impartial analysis

The following impartial analysis of the measure was prepared by the office of the Orange County Counsel:[3]

This measure was placed on the ballot by the governing board ('Board') of the Fullerton Joint Union High School District ('School District'). This measure, if approved by 55 percent of the votes cast on the measure, will authorize the District to issue and sell in general obligation bonds. The sale of these bonds by the School District represents a debt of the School District.

Voter approval of this measure will also authorize an annual tax to be levied on taxable property in the School District to generate revenue to pay principal and interest on the bonds. The School District's stated best estimate in its tax rate statement of the average annual tax rate required to fund the bonds is $30 per $100,000 of assessed value. The School District's best estimate of the highest annual tax rate required to fund the bonds is $30 per $100,000 of assessed value.

Proceeds from the sale of bonds authorized by this measure may only be used by the School District for 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. A complete list of the projects and allowed expenditures, which bonds proceeds may be spent on, is included in the full text of the measure. The Board has certified that it has evaluated safety, class size, and information technology needs in developing its project list.

The California Constitution provides that proceeds of school district bond measures cannot be used for teacher or administrator salaries or other operating expenses and requires independent annual performance and financial audits. State law requires the establishment of an independent citizens oversight committee for ensuring that bond proceeds are expended as specified in the measure and as provided by law.

Approval of Measure K does not guarantee that the proposed project or projects in the School District that are the subject of the bonds under Measure K will be funded beyond the local revenues generated by Measure K. The School District's proposal for the project or projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

A 'YES' vote is a vote in favor of authorizing the School District to issue and sell in general obligation bonds.

A 'NO' vote is a vote against authorizing the School District to issue and sell in general obligation bonds.[2]

Full text

The full text of the measure is available here.

Path to the ballot

See also: Laws governing local ballot measures in California

This measure was put on the ballot through a vote of the Fullerton Joint Union High School District Board of Trustees.[1]

See also

External links

Footnotes

  1. 1.0 1.1 1.2 Orange County Elections Office , "Measure K Full Text," accessed February 20, 2020
  2. 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
  3. Orange County Elections, "Impartial Analysis of Measure K," accessed February 20, 2020