Palmdale School District, California, Bond Issue, Measure PSD (November 2016)
| Measure PSD: Palmdale School District Bond Issue |
|---|
|
| The basics |
| Election date: |
| November 8, 2016 |
| Status: |
 ApprovedMajority required: 55% |
| Topic: |
| Local school bonds Tax: $30 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 |
| Palmdale School District, California |
A bond issue measure was on the ballot for Palmdale 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 $80 million through issuing general obligation bonds in that amount. |
| A no vote was a vote against issuing $80 million in bonds. |
A 55 percent supermajority vote was required for the approval of this measure.
Election results
| Measure PSD | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 27,437 | 78.76% | ||
| No | 7,397 | 21.24% | ||
- Election results from Los Angeles County Elections Office
Text of measure
Ballot question
The following question appeared on the ballot:[1]
| “ |
To update classrooms, labs and learning technology for the twenty-first century; repair leaky roofs and windows; improve school safety, security, energy and water efficiency; accommodate growing enrollment; and repair, construct, and acquire equipment for classrooms, sites and facilities; shall Palmdale (Elementary) School District be authorized to issue up to $80,000,000 in bonds with annual audits, citizens' oversight, no money for administrator salaries, and all funds benefiting 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 PSD (“Measure”) would authorize the Board of Trustees (“Board”) of the Palmdale School District (“District”), which placed the Measure on the ballot by a Resolution adopted on August 5, 2016, to issue general obligation bonds in an amount not to exceed $80,000,000. Proceeds from the sale of the bonds authorized by the Measure shall be used only for the purpose of repairing and modernizing District elementary and middle schools. Projects include,but are not limited to, acquiring, replacing, and upgrading classrooms, building, labs, restrooms, common areas, grounds, and school support facilities; acquiring, replacing, and upgrading major building systems, equipment, and related infrastructure; acquiring and upgrading renewable energy and energy-saving systems and equipment; renovating, repairing, and modernizing portable classroom buildings or replacing them with modular buildings; upgrading and expanding athletic facilities and equipment; furnishing and equipping classrooms and other facilities; renovating facilities to bring them into compliance with local, State, and federal building, health, safety, access, seismic, and related requirements; replacing and upgrading hard surfaces, landscaping, lighting, fencing, playground equipment, and parking lots; replacing and upgrading fire and security systems, computer network infrastructure and equipment, and telecommunications systems; acquiring and installing technology equipment and software; constructing additional classrooms, classroom buildings, and athletic and support facilities; and acquiring all or a portion of any schoolsite or facility, or making lease payments with respect to any school site or facility. Bond proceeds may not be expended on teacher and administrator salaries 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 appoint 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 Board shall create an account into which bond proceeds shall be deposited. The maximum rate of interest on any bond shall not exceed the maximum rate allowed by law. Bonds may be issued and sold in several series, but no bond shall have a maturity greater than the maximum number of years 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, is $30 per $100,000 of assessed value, which is projected to be the same in every year that the bonds remain outstanding. Tax rates are based on the assessed value of taxable property on 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 Palmdale School District, California.
Recent news
The link below is to the most recent stories in a Google news search for the terms Palmdale School District Local school bonds. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
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 PSD," accessed November 3, 2016
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