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Murietta Valley Unified School District Bond Issue, Measure BB (November 2014)

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A Murietta Valley Unified School District Bond Issue, Measure BB ballot question was on the November 4, 2014 election ballot for voters in the Murietta Valley Unified School District in Riverside County, California. It was approved.

Upon approval, Measure BB issued $98 million in bonds to benefit Murietta Valley Unified School District. The funds wre designated to upgrade classrooms and facilities; repair plumbing, lighting, electrical and drainage systems and acquire, install and upgrade equipment.[1]

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

Election results

Riverside County Measure BB
ResultVotesPercentage
Approveda Yes 10,756 57.72%
No7,87842.28%
Election results from Riverside County Elections Office

Text of measure

Ballot question

The question on the ballot appeared as:[1]

To upgrade outdated Murietta K12 classrooms, labs, career-training facilities, and education technology, rehabilitate deteriorated roofs, plumbing, electrical, lighting, HVAC, flooring, buildings and grounds; acquire/construct/equip sites, classrooms, and facilities; upgrade safety/security systems; and improve science, technology, engineering, and math instructional facilities; shall Murietta Valley Unified School District issue $98,000,000 of bonds at legal rates, with independent citizen oversight, no money for administrator salaries, and all funds benefitting Murrieta Valley K12 schools? [2]

Impartial analysis

The following impartial analysis was prepared for Measure BB:[1]

The Board of Education (“Board”) of the Murrieta Valley Unified School District (“District”) by adopting Resolution No. 14/15-01 (“Resolution”), elected to call an election pursuant to Section 18 of Article XVI and Section 1 of Article XIII A of the California Constitution and Section 15100 and 15624 et seq. of the California Education Code to obtain authorization to issue and sell general obligation Bonds (“Bonds”) in the aggregate amount principal amount of ninety-eight million dollars ($98,000,000).

This Measure was placed on the ballot by the Board of the above-identified District.

The Bonds would be used by the District to acquire and construct a new elementary school and related facilities, repair, renovate and upgrade buildings and infrastructure, including plumbing, lighting, electrical and drainage systems, and acquire, install and upgrade technology equipment, infrastructure and fixtures. The Bonds would not be used to fund the salaries, pensions or benefits of any board members, administrator, and/or teachers or for other school operating expenses.

If Measure “BB” is approved, the Board of the District will appoint a citizens’ oversight committee and conduct annual independent audits to assure that bond funds are spent only on 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, and for no other purposes.

An ad valorem tax would be levied and collected on property within the boundaries of the District to pay the principal and interest on the Bonds.

The Resolution provides that the maximum interest rate on the Bonds will not exceed the maximum interest rate permitted by the applicable laws of the State and the maximum term of the Bonds, or any series thereof, will not exceed 40 years.

Approval of Measure “BB” does not guarantee that the proposed project or projects in the Murrieta Valley Unified District that are the subject of the Bonds under Measure “BB” will be funded beyond the local revenues generated by Measure “BB”. The District’s proposal for the project or projects assumes the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

For this Measure to be approved fifty-five percent (55%) of qualified voters who vote on the Measure must vote yes.

A “YES” vote on Measure “BB” is a vote to allow the District to sell the Bonds and levy the necessary taxes to pay for the Bonds.

A “NO” vote on Measure “BB” is a vote against allowing the District to sell the Bonds and levy the necessary taxes to pay for the Bonds.[2]

—Ronak N. Patel, Deputy County Counsel[1]

See also

External links

Footnotes

  1. 1.0 1.1 1.2 1.3 Riverside County Vote Info website, accessed October 24, 2014
  2. 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.