Yreka Union High School District Bond Issue, Measure H (November 2014)

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A Yreka Union High School District Bond Issue, Measure H ballot question was on the November 4, 2014 election ballot for voters in the Yreka Union High School District in Siskiyou County, California. It was approved.

Measure H authorized the district to increase its debt by $8 million through issuing general obligation bonds in that amount. District officials estimated that an additional annual property tax of about $25 per $100,000 of assessed property value would be required to repay these bonds and the interest they accrued.

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

Election results

Yreka Union High School District, Measure H
Result		Votes	Percentage
a Yes		2,942	55.34%
No		2,374	44.66%

Election results via: Siskiyou County Elections Office

Text of measure

Ballot question

The question on the ballot:

“

To improve the quality of education at Yreka High with funding that cannot be taken by the State, providing all student programs on a single site through the construction of fine arts and gymnasium facilities on campus, upgrade/renovate facilities and make health and safety improvements, shall the Yreka Union High School District issue $8 million of bonds at legal interest rates, have an independent citizens’ oversight committee and have NO money used for salaries with funds being spent locally?

”

Impartial analysis

The following impartial analysis was prepared for Measure H:

“	This measure, if approved by 55% of those voters voting on the measure, would authorize the Yreka Union High School District to issue general obligation bonds with a total face value of $8 million to finance campus improvements and repairs. The estimate for the tax rate that would be required to pay for the bonds and interest is $25 per $100,000 of assessed valuation. For example, a home with an assessed valuation of $200,000 on the property tax rolls would be estimated to pay $50 per year for the bonds. The proceeds of the bonds will be used only for the purposes described in the ballot question above and as further explained by the district in Exhibit B of the resolution calling this election, which is reproduced in this voter pamphlet. The district resolution specifically prohibits any of the bond proceeds from being used for teacher or administrator salaries or other school operating expenses. Expenditure of bond proceeds will be overseen by a Citizens’ Oversight Committee, including annual, independent performance and financial audits to ensure expenditures are only made for authorized purposes. The committee must include representatives from a bona fide taxpayer organization, a business organization, and a senior citizens organization, among others. District employees and vendors are prohibited from serving on the oversight committee. Any bonds issued pursuant to the authority of the Strict Accountability in Local School Construction Bonds Act of 2000 may have a maximum maturity of 25 years. Any bonds issued pursuant to the authority of California Government Code 53506 may have a maximum maturity of 40 years, provided that the useful life of the facility financed with the bonds equals or exceeds the maturity date. A “Yes” vote is a vote to authorize the Yreka Union High School District to issue up to $8 million worth of bonds. A “No” vote is a vote to deny any new authority to the district to issue additional bonds. This measure was placed on the ballot by the Board of Trustees of the Yreka Union High School District.	”
—Brian L. Morris, Siskiyou County Counsel

See also

• School bond elections in California
• Local school bonds on the ballot
• Siskiyou County, California ballot measures
• November 4, 2014 ballot measures in California

External links

Suggest a link

• Siskiyou County Elections Office website