Wilsona School District, California, Measure WE, Bond Issue (November 2018)
| Measure WE: Wilsona School District Bond Issue |
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| The basics |
| Election date: |
| November 6, 2018 |
| Status: |
 ApprovedMajority required: 66.67% |
| Topic: |
| Local school bonds Tax: $0.03 per $100 in value Matures in: Legal limit |
| Related articles |
| Local school bonds on the ballot November 6, 2018 ballot measures in California Los Angeles County, California ballot measures Local bond issue on the ballot |
| See also |
A bond issue was on the ballot for Wilsona School District voters in Los Angeles County, California, on November 6, 2018. It was approved.
| A yes vote was a vote in favor of authorizing the district to issue up to $6.5 million in bonds at an estimated tax rate of $0.03 per $100 in assessed value to fund upgrades to facilities, academic programs, and safety. |
| A no vote was a vote against authorizing the district to issue up to $6.5 million in bonds at an estimated tax rate of $0.03 per $100 in assessed value to fund upgrades to facilities, academic programs, and safety. |
Election results
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Wilsona School District, California, Measure WE, Bond Issue (November 2018) |
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| Result | Votes | Percentage | ||
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1,257 | 69.87% | ||
| No | 542 | 30.13% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
To modernize classrooms and support facilities, integrate school facilities with academic programs, increase student access to computers and modern classroom technology, improve student safety, and qualify the District to receive State grants, shall the Wilsona School District issue $6,500,000 in bonds at legal rates, levy an estimated 3 cents/$100 of assessed value, raising an average $351,916 annually while bonds are outstanding, with regular expenditure transparency measures including annual audits, and no money for administrator salaries? [2] |
” |
Impartial analysis
The following impartial analysis of the measure was prepared by the office of the Los Angeles County Counsel:
| “ |
Approval of Measure WE (“Measure”) would authorize the Board of Trustees (“Board”) of the Wilsona Elementary School District (“District”), which placed the Measure on the ballot by Resolution No. 2017-18-16, to issue general obligation bonds in an amount not to exceed $6,500,000. Proceeds from the sale of bonds authorized by the Measure shall be used only for the purposes specified in the Measure, including, but not limited to, upgrading lighting, fencing, and school access controls; reconfiguring school offices; adding skylights; upgrading fire alarms; improving security cameras and surveillance systems; updating doors and gates; resurfacing playgrounds; replacing and/or upgrading roofs and electrical, plumbing, and drainage systems; replacing and/or upgrading heating, ventilation, and air-conditioning systems; redesigning fields; upgrading library and instructional infrastructure; improving energy efficiency; upgrading cafeterias; making earthquake retrofits; upgrading parking lots; and improving athletic facilities. Proceeds of bonds may be used to reduce or retire outstanding debt for improvements on existing facilities and school sites, and to reimburse District for the cost of District staff when performing work on, or incidental to, bond projects. Bond proceeds may not be spent on teacher or administrator salaries or other operating expenses. The Board shall cause independent performance and financial audits to be conducted annually to ensure that bond proceeds are spent only for projects in the Measure. The District shall deposit bond proceeds in a special account and comply with statutory reporting requirements. Approval of the Measure does not guarantee that proposed projects described in the Measure will be funded beyond the local revenues generated by the Measure. District’s proposal for certain projects may assume receipt of matching State funds that are subject to appropriation by the Legislature or approval of a statewide bond measure. Bonds shall be issued under Education Code section 15100 et seq. The bonds shall not exceed the maximum interest rate or maturity as allowed by the law. According to the District’s Tax Rate Statement, the best estimate of the average annual tax rate required to fund the bonds, based on assessed valuations available when the District filed the statement, is $30 per $100,000 of assessed valuation. The best estimate of the highest tax rate required to fund the bonds is the same as the average tax rate. The first fiscal year the rate will be levied is estimated to be 2019-20, and the final fiscal year the tax is estimated to be collected is 2057-58. The estimated total debt service required to be repaid if all bonds are issued and sold is $13.4 million, including principal and interest. Estimated tax rates are based on the assessed value of taxable property on official tax rolls, not on a property’s market value. Taxpayers eligible for a property tax exemption, such as the homeowner’s exemption, will be taxed at a lower effective tax rate. This Measure requires a two-thirds (2/3) vote for passage.[2] |
” |
| —Los Angeles County Counsel[3] | ||
Path to the ballot
This measure was put on the ballot through a vote of the governing officials of Wilsona School District, California.
See also
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External links
Footnotes
- ↑ County of Los Angeles, "Current and Upcoming Elections," accessed September 30, 2018
- ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Los Angeles County Elections, "Sample Ballot," accessed October 5, 2018
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