Pleasanton Unified School District, California, Measure M, Bond Issue (March 2020)

Pleasanton Unified School District Measure M
Election date March 3, 2020
Topic Local school bonds
Status d Defeated
Type Referral	Origin Lawmakers
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A Bond Issue was on the ballot for Pleasanton Unified School District voters in Alameda County, California, on March 3, 2020. It was defeated.

A "yes" vote supported authorizing $323,000,000 in bonds to fund the upgrading and construction of classrooms and facilities, improve safety systems, and improve access for students with disabilities and requiring an average tax rate of $43.10 per $100,000 of assessed valuation.

A "no" vote opposed authorizing $323,000,000 in bonds to fund the upgrading and construction of classrooms and facilities, improve safety systems, and improve access for students with disabilities and requiring an average tax rate of $43.10 per $100,000 of assessed valuation.

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

Election results

Pleasanton Unified School District Measure M
Result		Votes	Percentage
Yes		12,562	52.40%
No		11,411	47.60%

Results are officially certified.

Source

Text of measure

Ballot question

The ballot question was as follows:

“

To upgrade/construct classrooms and facilities to support science, technology, engineering, math, arts/music and accommodate growing student enrollment; improve safety/security systems; replace aging rooms, plumbing/electrical/HVAC systems; and improve access for students with disabilities; shall Pleasanton Unified School District's measure be adopted, authorizing $323,000,000 in bonds at legal rates, raising approximately $21,300,000 annually with rates averaging 4.31¢ per $100 of assessed valuation while bonds are outstanding, with independent oversight, audits, and no money for administrators?

”

Impartial analysis

The following impartial analysis of the measure was prepared by the office of the Donna R. Ziegler, county counsel:

“ Measure M (“Measure”), a Pleasanton Unified School District (“District”) bond measure, seeks voter approval to authorize the District to issue and sell bonds of up to $323,000,000 in aggregate principal amount at interest rates not to exceed the legal limits. Pursuant to provisions of the California Constitution and the California Education Code, if 55% of those who vote on the Measure vote “yes,” the District will be authorized to issue bonds in the amount noted above. Approval of this Measure will authorize a levy on the assessed value of taxable property within the District by an amount needed to pay the principal and interest on these bonds in each year that the bonds are outstanding. If approved, the District’s best estimates of the property tax rates required to be levied to fund the bond issue are as follows: the average annual tax rate estimate is 4.31 cents per $100 ($43.10 per $100,000) of assessed valuation. The highest tax rate estimate is also 4.31 cents per $100 ($43.10 per $100,000) of assessed valuation. The final fiscal year anticipated to collect the tax is 2051/52, and the total debt service estimate to repay all of the bonds (including principal and interest) is $661,000,000. California Education Code Section 15100 restricts the use of the proceeds from the bondsale to items such as building school buildings, improving school grounds,supplying school buildings and grounds with equipment, and the acquisition of real property for school facilities. In addition, proceeds may only be used for the projects listed in the Measure and not for any other purpose, such as teacher and administrator salaries. This Measure, printed in full in this sample ballot, provides that its proceeds may fund projects at all school facility sites. Those projects include, but are not limited to, modernizing, upgrading, renovating, rehabilitating, re-configuring,or expanding classrooms, restrooms, common areas, play areas, and gymnasiums. Certain accountability measures apply, such as establishing an account to deposit the proceeds from the sale of the bonds. To ensure that the proceeds are spent only for the projects listed in the Measure, it provides for an Independent Citizens’ Oversight Committee, an annual independent performance audit, and an annual independent financial audit. Finally, the District’s Chief Fiscal Officer shall file a report no later than January 1 of each year stating the amount of the bond proceeds received and expended and the status of any project funded from the proceeds. This Measure is placed on the ballot by the governing board of the District. ”

Full text

The full text of the measure is available here.

Path to the ballot

See also: Laws governing local ballot measures in California

This measure was put on the ballot through a vote of the Pleasanton Unified School District School Board.

See also

Local measures

• Local measures in 2020
• Local school bonds on the ballot

• Alameda County measures

California

• March 3, 2020 measures in California
• Local ballot measures, California
• Pleasanton Unified School District, California

News and analysis

• State and local preemption conflicts
• Measures advancing national agendas

External links

Suggest a link

• Search Google News for this topic
• Alameda County Elections Office website