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Potter Valley Community Unified School District Bond Issue, Measure T (November 2015)

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Measure info

Amount: $3.1 million
Tax: $60 per $100,000
Matures in: 25-40 years

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Approval rates

A bond issue was on the ballot for Potter Valley Community Unified School District voters in Mendocino County, California, on November 3, 2015. It was approved.

Measure T authorized the district to increase its debt by $3.1 million through issuing bonds in that amount. District officials estimated that the average annual tax rate required to repay this debt over the life of the bonds would be $60 per $100,000 of assessed property value. District officials also estimated that the district taxpayers would pay $2,300,000 in interest on these bonds, resulting in a total cost of $5,400,000.[1]

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

Election results

Potter Valley CUSD, Measure T
ResultVotesPercentage
Approveda Yes 338 68.01%
No15931.99%
Election results from Mendocino County Elections Office

Text of measure

Ballot question

The following question for this measure appeared on the ballot:[1]

To modernize and improve Potter Valley schools, upgrade outdated electrical infrastructure, create classrooms with improved climate control and the capacity to use today's instructional technology, and make other basic repairs, shall the Potter Valley Community Unified School District be authorized to issue up to $3,100,000 in bonds at legal interest rates, with an Independent Citizens' Oversight Committee and annual audits to ensure funds are ONLY spent improving LOCAL classrooms and facilities, and NOT for administrator salaries or any other purpose?[2]

Full text

The full text of the resolution calling for Measure T, the tax rate statement and the project list are available here.

Path to the ballot

This measure was put on the ballot by a unanimous vote of the three members of the board of trustees for the Potter Valley Community Unified School District.[3]

Recent news

The link below is to the most recent stories in a Google news search for the terms Potter Valley school bond Measure T. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

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External links

Footnotes