Glendale Community College District, California, Bond Issue, Measure GC (November 2016)
| Measure GC: Glendale Community College District Bond Issue |
|---|
| The basics |
| Election date: |
| November 8, 2016 |
| Status: |
Majority required: 55% |
| Topic: |
| Local school bonds Tax: $21 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 |
A bond issue measure was on the ballot for Glendale Community College 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 $325 million through issuing general obligation bonds in that amount. |
| A no vote was a vote against issuing $325 million in bonds. |
A 55 percent supermajority vote was required for the approval of this measure.
Election results
| Measure GC | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| 49,527 | 73.74% | |||
| No | 17,639 | 26.26% | ||
- Election results from Los Angeles County Elections Office
Text of measure
Ballot question
The following question appeared on the ballot:[1]
| “ |
To repair classrooms/labs to prepare students/veterans for jobs/university transfer, upgrade vocational education equipment/technology for engineering/nursing/law enforcement/firefighting careers, repair deteriorating gas/sewer lines, improve handicapped accessibility/earthquake safety, and acquire, construct, repair sites, facilities/equipment, shall Glendale Community College District issue $325,000,000 in bonds at legal rates, requiring citizen oversight, audits, no funds for administrators' salaries, all funds used locally?[2] |
” |
Impartial analysis
The following impartial analysis of the measure was prepared by the office of the Los Angeles County Counsel:
| “ |
Approval of Measure GC (“Measure”) would authorize the Board of Trustees (“Board”) of the Glendale Community College 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 $325,000,000. 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, upgrading and expanding veteran services; expanding job training and workforce preparation for students, veterans, and local residents; replacing gas, electrical, and sewer lines; improving water conservation; improving access for students with disabilities; improving earthquake safety; replacing outdated electrical, plumbing, and mechanical systems; upgrading facilities to improve energy efficiency and sustainability; upgrading and repairing classrooms; upgrading computer wiring; acquiring instructional, maintenance, and operational equipment; renovating restrooms; repairing and replacing heating, ventilation, and air-conditioning systems; repairing and replacing roofs, windows, walls, doors, and drinking fountains; repairing, replacing, and removing buildings; constructing new classrooms, science labs, and support buildings; repairing and replacing fire alarm, emergency communication, and security systems; upgrading and replacing hard courts, fields, turf, and irrigation systems; constructing a parking structure; upgrading and reconditioning parking lots; upgrading the Firefighting Training Academy, learning resources center, physical education facilities, locker rooms, field lights, and instructional buildings; and improving drainage systems. Bond proceeds may not be expended on faculty 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 in accordance with Education Code section 15278 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 District shall create an account into which bond proceeds shall be deposited and shall comply with the reporting requirements of Government Code section 53410. The bonds shall be issued pursuant to Education Code section 15300 et seq. or Government Code section 53506, and the maximum rate of interest on any bond shall not exceed the maximum rate allowed by law. According to the District’s Tax Rate Statement, the best estimate of the highest tax rate required to be levied to fund the bonds, based on a projection of assessed valuations available when the District filed its Tax Rate Statement, is $21 per $100,000, which is projected to be the same in every fiscal year that the bonds remain outstanding. 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 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 Glendale Community College District, California.
Recent news
The link below is to the most recent stories in a Google news search for the terms Glendale Community College 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 GC," accessed November 2, 2016
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