Lemon Grove Elementary School District Bond Issue Reauthorization, Proposition R (November 2014)

Bond elections
2018 • 2017 • 2016 • 2015 2014 • 2013 • 2012 • 2011 2010 • 2009 • 2008 All years and states
Property tax elections
2018 • 2017 • 2016 • 2015 2014 • 2013 • 2012 • 2011 2010 • 2009 • 2008 All years and states
See also
State comparisons How voting works Approval rates

A Lemon Grove Elementary School District Bond Issue Reauthorization, Proposition R ballot question was on the November 4, 2014 election ballot for voters in the Lemon Grove Elementary School District in San Diego County, California. It was approved.

Proposition R reauthorized the district to issue bonds in the amount of $10 million. These bonds, among others, were originally approved by voters in 2008 under Proposition W, which authorized a total of $28 million in bonds. However, the district failed to issue all of the approved bonds within the required time frame. This measure re-approved $10 million in bonds that were not issued from the approved 2008 bond measure.

A 55 percent supermajority vote was required for the approval of Proposition R.

Election results

Lemon Grove Elementary School District, Proposition R
Result		Votes	Percentage
a Yes		4,323	71.86%
No		1,693	28.14%

Election results via: San Diego County Registrar of Voters

Text of measure

Ballot question

The question on the ballot:

“

To repair and replace leaky roofs; renovate and modernize educational facilities; provide additional classrooms; and increase student access to classroom computers; shall $10,000,000 of Lemon Grove School District bonds, previously approved by voters in November 2008, be reauthorized through issuance of new bonds, with no increase in total authorized District debt, reduced borrowing costs, interest rates below legal limits, independent citizen oversight, and no money taken by the State and spent elsewhere or used for administrator salaries?

”

Impartial analysis

The following impartial analysis was prepared for Measure R:

“	This measure was placed on the ballot by the governing board of the Lemon Grove School District (“District”). This measure, if approved by 55% of the votes cast on the measure, will re- authorize the District to issue and sell $10,000,000 in general obligation bonds that were previously approved by District voters in a bond election held in November 2008. The sale of these bonds by the District is for the purpose of raising money for the District, and represents a debt of the District. In exchange for the money received from the bond holders, the District promises to pay the holders an amount of interest for a certain period of time, and to repay the bonds on the maturity date. Voter approval of this measure will also authorize an annual tax to be levied upon the taxable property within the District. The purpose of this tax is to generate sufficient revenue to pay interest on the bonds as it becomes due and to provide a fund for payment of the principal on or before maturity. Proceeds from the sale of bonds authorized by this measure may be used by the District to modernize, replace, renovate, construct, acquire, equip, furnish and rebuild the District’s educational facilities. The interest rate on any bond, which is established at the time of bond issuance, could not exceed 12% per annum. The final maturity date of any bond could be no later than 25 years after the date of issuance as determined by the District, with the exception of the bonds issued to fund certain technology equipment and projects, which shall mature not more than 5 years from the date of issuance. The tax authorized by this measure is consistent with the requirements of the California Constitution. The California Constitution permits property taxes, above the standard one percent (1%) limitation, to be levied upon real property to pay the interest and redemption charges on any bonded indebtedness for, inter alia, the rehabilitation, furnishing and equipping of school facilities, when approved by 55% of the voters if: (1) the proceeds from the sale of the bonds are used only for the purposes specified, (2) the District, by evaluating safety, class size reduction, and information technology needs, has approved a list of specific projects to be funded, (3) the District will conduct an annual, independent performance audit, and (4) the District will conduct an annual, independent financial audit. If a bond measure is approved, state law requires the District to establish an independent citizens’ oversight committee. The District has made this ballot measure subject to these requirements. Approval of this measure does not guarantee that the proposed projects that are the subject of these bonds will be funded beyond the local revenues generated by this measure. A “YES” vote is a vote in favor of authorizing the District to issue and sell $10,000,000 in general obligation bonds. A “NO” vote is a vote against authorizing the District to issue and sell $10,000,000 in general obligation bonds.	”
—County Counsel

Related measures

a Lemon Grove Elementary School District bonds, Proposition W (November 2008)

See also

• Local school bonds on the ballot
• School bond elections in California
• San Diego County, California ballot measures
• November 4, 2014 ballot measures in California

External links

Suggest a link

• San Diego County Elections Office website