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Placerville Union School District Bond Issue, Measure B (November 2015)

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Measure info

Amount: $3.2 million
Tax: $13.50 per $100,000
Matures in: 25-40 years

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Approval rates

A measure to issue bonds that would fund technology for schools was on the ballot for Placerville Union School District voters in El Dorado County, California, on November 3, 2015. It was approved by a margin of just 19 votes, which was 0.75 percent of the 2,535 votes cast on Measure B.

This measure allowed the Placerville Union School District to increase its debt by $3.2 million through issuing general obligation bonds in that amount in order to fund computers and technology for elementary and middle school classrooms in the district.[1]

In order to fund the bond, the district was also authorized to increase the ad valorem taxes on properties within their boundaries. District officials estimated a tax of $13.50 per $100,000 of assessed valuation would be required during the fiscal years of 2016-2017 and 2029-2030 in order to repay the bonds. District officials also estimated that the debt would cost taxpayers about $1.1 million in interest, resulting in a total cost, including principal and interest, of $4,300,000 for the bonds.[1]

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

Election results

Placerville USD, Measure B
ResultVotesPercentage
Approveda Yes 1,414 55.78%
No1,12144.22%
Election results from El Dorado County Elections Office

Text of measure

Ballot question

The following question appeared on the ballot:[1]

To keep classroom computers, technology and software up-todate, strengthen the computer network connecting classrooms to each other and the Internet, and provide instructional technology to all Placerville elementary and middle school students that will benefit them in high school and beyond, shall the Placerville Union School District issue $3,200,000 in bonds at interest rates within legal limits with all funds audited annually, monitored by an Independent Citizens' Oversight Committee, and no funds used for administrator salaries? [2]

Impartial analysis

The following impartial analysis of Measure B was prepared by the office of the El Dorado County counsel:

Upon approval of 55 % of the votes cast by voters on this measure, California law permits school districts to issue the sale of general obligation bonds to be paid by ad valorem taxes placed on property within the district, for the purpose of construction, reconstruction, rehabilitation, replacement of school facilities, equipping of school facilities etc. The Board of Trustees of the Placerville Union School District ("PUSD") proposes issuing bonds in the amount up to $3.2 Million Dollars ($3,200,000.00). The bonds interest rate and maturity date will not exceed the legal maximums. If the measure is approved, PUSD will be authorized to increase the ad valorem taxes on property located within their boundaries to pay the bond principal, interest and associated costs to:

  • Keep classroom computers, technology and software up-to-date at all PUSD schools
  • Increase opportunities students have to use classroom computers and technology
  • Provide instructional technology to all elementary and middle school students that will benefit them in high school and beyond
  • Strengthen and upgrade the computer system at all schools, including wireless networks, classroom wiring, servers, data centers, security systems, and other necessary components
  • Address unforeseen conditions related to technology infrastructure upgrades (e.g. dry rot, structural, etc.)
  • Perform site preparation/restoration in connection with new construction, renovation or remodeling

Proceeds may only be used for the stated purposes and not for other purposes, including teacher or administrator salaries, or school operating expenses.

PUSD's best estimate of the tax rate to be levied to fund the bond issue is $13.50 per $100,000 of assessed valuation, during the first fiscal year after the sale of the first series of bonds (2016-17) and $13.50 per $100,000 during the first fiscal year after the sale of the last series of bonds (2029-30). PUSD's best estimate of the highest tax rate required to be levied $13.50 per $100,000 per fiscal year of assessed valuation and the amount of tax levied may be higher than the estimate if funds due for payment of interest and principal on the bonds exceeds the best estimate of the tax rate.

This measure requires PUSD to take steps to account for the use of the proceeds from the sale of the bonds as required by California Constitution Article XIIIA section 1 (b) (3) and Education Code section 15264 et.seq. Expenditure of bond revenues will be actively reviewed by an independent Citizens' Oversight Committee and an annual independent audit will be conducted to assure that funds are spent only for purposes included in this measure. A "yes" vote is a vote to authorize the issuance and sale of the bonds in the amount not to exceed $3.2 million to be secured by the levy of ad valorem taxes on property located within PUSD.

A "no" vote is a vote not to authorize the issuance and sale of the bonds in the amount not to exceed $3.2 million to be secured by the levy of ad valorem taxes on property located within PUSD. [2]

—Robyn Truitt Drivon, El Dorado County counsel[1]

Support

Supporters

The following individuals signed the official argument in favor of Measure B:[1]

  • Maggie Bush, parent and owner of Madrona Vineyards
  • Sean McCartney, parent
  • Jim Coate, retired teacher
  • Patricia H. Borelli, mayor of the city of Placerville
  • Kevin Brown, El Dorado County Chamber of Commerce

Arguments in favor

Official argument

The following official argument was submitted in favor of Measure B:

As long time residents of Placerville, we are proud of our schools. We take great pride in the education provided at the Placerville Union School District and are involved in many activities at the District's schools. We support the students, teachers, principals and staff as they meet new challenges in the classroom every day.

But we also understand that schools and employers are now demanding greater proficiency with digital devices + so we need to increase the opportunities local students have to use classroom computers and technology to better prepare them for high school, college and a job.

A Yes vote on Measure B will provide our students with the technology they need and deserve for their future. Measure B will:

  • Keep classroom computers, technology and software up-to-date and strengthen the computer network that connects classrooms to each other and the internet.
  • Increase the opportunities local students have to use classroom computers and technology.
  • Provide instructional technology to all Placerville elementary and middle school students that will benefit them in high school and beyond.

None of the funds from Measure B can be used for administrator or teacher salaries.

Measure B also requires strict accountability. The School Board adopted a very specific project list when calling this election, and an Independent Citizens' Oversight Committee will monitor and review all bond expenditures. This committee of local residents will make sure that all bond funds are spent as planned for the benefit of local students.

Passage of Measure B will allow the Placerville Union School District to improve education for all elementary and middle school students.

Quality schools protect and enhance everyone's property values. Good schools make great communities.

Please join us in supporting our local students. Vote Yes on Measure B [2]

—Maggie Bush, Sean McCartney, Jim Coate, Patricia H. Borelli, Kevin Brown[1]

Opposition

No official argument in opposition to Measure B was submitted by the deadline. If you know of endorsements or arguments that should be posted here, please email the Local Ballot Measures Project staff writer.

Path to the ballot

Measure B was put on the ballot by a vote of the district board of trustees.[1]

Recent news

The link below is to the most recent stories in a Google news search for the terms Placervville Union School District Bond Measure B. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

See also

External links

Footnotes

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Smart Voter, "Measure B, Placerville Union School District, Bond Issue," accessed October 8, 2015
  2. 2.0 2.1 2.2 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.