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Southern Kern Unified School District Bond Issue, Measure D (November 2014)
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A Southern Kern Unified School District Bond Issue, Measure D ballot question was on the November 4, 2014 election ballot for voters in the Southern Kern Unified School District, California in Kern County, California. It was approved.
Measure D authorized the district to increase its debt by $28.4 million through issuing general obligation bonds in that amount. District officials estimated that an additional annual property tax of $47 per $100,000 of assessed property value would be required to repay these bonds.[1]
A 55 percent supermajority vote was required for the approval of Measure D.
Election results
| Southern Kern USD Measure D | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 1,874 | 57.06% | ||
| No | 1,410 | 42.94% | ||
Election results via: Kern County Elections Office
Text of measure
Ballot question
The question on the ballot:[1]
| “ |
To construct a new elementary school, provide modern classrooms and career technical/support facilities at Rosamond High, construct new libraries and science labs, replace outdated portables with modern classrooms and technology throughout the District, improve student safety, and qualify for up to $44 million in State matching grants, shall Southern Kern Unified School District be authorized to issue $28.4 million in bonds at legal interest rates, with annual audits, a Citizens’ Oversight Committee, and no money for administrative salaries?[2] |
” |
Impartial analysis
The following impartial analysis was prepared for Measure D:[1]
| “ |
Measure D was placed on the ballot by the governing board of the Southern Kern Unified School District (“District”). A “Yes” vote by at least fifty-five percent (55%) of the voters voting on this measure will authorize the issuance and sale of general obligation bonds for the benefit of the District in an amount up to twenty-eight million four hundred thousand dollars ($28,400,000). Proceeds from the sale of these school bonds may only be used for the specific school facilities projects listed in the bond project list. The projects include: (1) construction of a new elementary school; (2) replacement of portable facilities; (3) technology and infrastructure improvements; and (4) furnishing and equipment. The proceeds may only be used for a specific list of projects and not for any other purpose including teacher and administrator salaries and other operating expenses. As required by law, the District has listed the specific projects to be funded, in whole or in part, by the bonds. The list of projects is printed in the sample ballot. Approval of the bond measure does not guarantee that the listed projects will be completed. The District will conduct an annual independent performance audit, in order to ensure that the bond proceeds have been expended only on the specific projects listed, and an annual independent financial audit of the bond proceeds until all of those funds have been expended. In addition, the District’s Board of Trustees will appoint a Citizens’ Oversight Committee to inform the public concerning the expenditure of bond revenues. The bonded debt will be a general obligation of the District and will be financed by property taxes levied annually on taxable property located within the District in an amount necessary to pay the annual debt obligation. The District’s Tax Rate Statement provides an estimate of the tax rates which will be applied to fund the bonds issued. Approval of MeasureD does not guarantee that the proposed project or projects in the Southern Kern Unified School District that are the subject of bonds under Measure D will be funded beyond the local revenues generated by Measure D. 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.[2] |
” |
| —Kern County Counsel[1] | ||
See also
- Local school bonds on the ballot
- Kern County, California ballot measures
- November 4, 2014 ballot measures in California
External links
Footnotes
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