Become part of the movement for unbiased, accessible election information. Donate today.
Tahoe-Truckee Unified School District Bond Issue, Measure U (November 2014)
| Bond elections |
|---|
| 2018 • 2017 • 2016 • 2015 2014 • 2013 • 2012 • 2011 2010 • 2009 • 2008 All years and states |
| Property tax elections |
| 2018 • 2017 • 2016 • 2015 2014 • 2013 • 2012 • 2011 2010 • 2009 • 2008 All years and states |
| See also |
| State comparisons How voting works Approval rates |
A Tahoe-Truckee Unified School District Bond Issue, Measure U ballot question was on the November 4, 2014 election ballot for voters in the first Facilities Improvement District of the Tahoe-Truckee Joint Unified School District in Nevada and Placer counties, California. It was defeated.
Had it been approved, Measure U would have authorized the Facilities Improvement District No. 1 of the Tahoe-Truckee Joint Unified School District to increase its debt by $114 million through issuing general obligation bonds in that amount.[1]
This improvement district of the Tahoe-Truckee Unified School District tried to get a slightly lower bond measure - seeking $93.53 million - approved twice in 2008, once in June and once in November. Both attempts received just over 50 percent voter approval but fell short of the 55 percent required for enactment.[1]
School officials estimated the bond repayment of 2014's Measure U would have required an additional property tax of $48.25 per $100,000 of assessed property value over the 33-year life of the loan.[2]
It was also estimated that the total interest paid on the proposed $114 million in bonds would be about $140,486,398, making the total cost of the loan - principle and interest - $254,486,398.[2]
The district planned to issue the bonds, had they been authorized, in five equal $22.8 million increments spread over 10 years.[2]
The second Facilities Improvement District of the Tahoe-Truckee Unified School District was also seeking a bond issue of $62 million under the name Measure E. Measure E was approved by voters.
A 55 percent supermajority vote was required for the approval of Measure U.
Election results
 Measure U
| ||||
|---|---|---|---|---|
| County: | Yes | No | ||
| Votes | % | Votes | % | |
| Placer County | 318 | 53.72% | 274 | 46.28% |
| Nevada County | 2,700 | 52.30% | 2,141 | 47.70% |
| Totals: | 3,018 | 55.55% | 2,415 | 44.45% |
| Measure U | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 3,018 | 55.55% | ||
| No | 2,415 | 44.45% | ||
- Election results from Placer County Elections Office and Nevada County Elections Office
Text of measure
Ballot question
The question on the ballot:[1]
| “ |
To improve Truckee area schools with funding that the State cannot take away, repair/replace roofs, plumbing and electrical systems, science labs, career technical education facilities to provide a well-rounded education and prepare students for college/high-demand jobs, shall School Facilities Improvement District No. 1 of the Tahoe-Truckee Unified School District issue $114 million in bonds at legal rates with independent audits, citizen oversight, and no funds for administrators' salaries?[3] |
” |
Full text
The full text of Measure U is available here.
Support
If you have an argument you would like to see posted here, please email the Local Ballot Measures Project staff writer.
Opposition
Nancy Porges, a resident of Truckee, wrote an opinion piece opposing Measure U that was featured by Moonshine Ink. In her article, Porges focused on the following concerns with the Measure U bond proposition:[2]
- The interest on the bond measure, estimated to be more than the principle itself at over $140 million, would be too high and would make Measure U a bad financial deal for the district.
- The bond repayment would cost too much for already overtaxed district residents and would hurt the local economy.
- The proposed bond issue and repayment plan - ten years and 33 years respectively - are to drawn out, leaving the district vulnerable to shifts in building and labor costs and interest rates.
Related measures
- Tahoe-Truckee Unified School District Bond Issue, Measure E (November 2014)
- Tahoe Truckee Unified School District bond proposition, Measure L (June 2008)
- Tahoe Truckee Unified School District bond proposition, Measure U (November 2008)
See also
- Local school bonds on the ballot
- School bond elections in California
- Placer County, California ballot measures
- Nevada County, California ballot measures
- November 4, 2014 ballot measures in California
External links
Additional reading
Footnotes
- ↑ 1.0 1.1 1.2 Nevada County Elections Office, "Ballot Measure information for Measure U," archived September 15, 2014
- ↑ 2.0 2.1 2.2 2.3 Moonshine Ink, "Concerns About Measure U," September 12, 2014
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
 |
State of California Sacramento (capital) |
|---|---|
| Elections |
What's on my ballot? | Elections in 2025 | How to vote | How to run for office | Ballot measures |
| Government |
Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy |
