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BALLOT. MEASURES, ANALYSES, AND ARGUMENTS
SACRAMENTO CITY UNIFIED SCHOOL DISTRICT
MEASURE E
To renovate, replace, acquire and construct school buildings, provide wiring for computers, meet fire/health/safety standards; provide needed heating/air conditioning improvements and construct a high school to alleviate overcrowding, shall the 鶹ԭ issue $195,000,000 in bonds at the lowest interest rates possible and appoint a citizens' oversight committee and an independent auditor to assure that funds are spent only on school and classroom improvements and for no other purposes?"
COMPLETE TEXT OF MEASURE E
Passage; of Measure E will,. specifically fund the following projects: renovate; replace acquire and construct buildings; upgrade classroom for new technologies; upgrade fire detection, alarm and suppression systems in schools; replace. portable classrooms that are over twenty years old; comply with requirements of mandated Americans with Disabilities Act and Local Fire and Life Safety regulations; install or replace heating, ventilation and air conditioning (HVAC): systems; perform a lighting retrofit of indoor and outdoor lighting fixtures;: upgrade electrical. power to meet present and future requirements, 'replace 'and redesign roofs where appropriate, upgrade technology wiring in classrooms, renovate interior and exterior finishes (walls, floors, ceilings); build additional restroom facilities; upgrade replacement of or install intercoms/telephone communications systems in classrooms; retrofit doors and .windows to enhance security and energy conservation; abate asbestos and lead in schools; perform structural repairs as required to meet current building codes; and build a high school to alleviate overcrowding.
The Board will appoint a citizens' oversight committee and an independent auditor to assure that funds are spent only on school and classroom improvements and for no other purposes.
ARGUMENTS IN SUPPORT OF OR IN OPPOSITION TO THE PROPOSED LAWS ARE THE OPIONIONS OF THE AUTHORS.
s/James E. Sweeney
Superintendent
鶹ԭ
VOTER'S PAMPHLET
The following pages contain
ARGUMENTS IN SUPPORT OF OR IN OPPOSITION TO THE PROPOSED LAWS ARE THE OPIONIONS OF THE AUTHORS.
001 4
TAX RATE STATEMENT FOR MEASURE E
An election will be held in the Sacramento City Unified School. District (the "District") on October 19, 1999, to authorize the sale of up to $195,000,000 in general obligation bonds of the District to finance the acquisition and improvement of real property for school purposes. If such bonds are authorized and sold, the principal thereof and interest thereon will be payable from proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400 9404 of the Elections Code of the State of California
The best estimate of the tax which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the first series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is 4.1 cents per $100 of assessed valuation in fiscal year 2000 01.
The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the last . series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is 7.5 cents per $100 of assessed valuation in fiscal year 2008 09.
3. The best estimate of the highest tax rate which would be required to be,, levied to fund this bond issue, based on estimated assessed valuations available at the time of filing of this statement, is 7.6 cents per $100 of assessed valuation in fiscal year 2005 06.
Attention of all voters is directed to the fact that the foregoing information is based upon projections and estimates only, which are not binding upon the District. The actual tax rates and the years in which they will apply may vary from those presently estimated, due to variations from these estimates in the timing of bond sales, the amount of bonds sold at any given sale, market interest rates at the time of each bond sale, and actual assessed valuations over the term of repayment of the bonds. The actual dates of sale of said bonds and the amount sold at any given time will be governed by needs of the District and other factors. The actual interest rates at which the bonds will be sold will depend on the bond market at the time of each sale. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined in the assessment and the equalization process.
2.
ARGUMENT IN FAVOR OF MEASURE E
There is no argument about three important facts:
The 鶹ԭ has turned the corner.
Three years ago voters told the District to clean up its act and improve our children's education. A new school board was elected and a new superintendent was hired. The result: "Test scores in the District have improved significantly in some cases dramatically... in poor neighborhoods as well as affluent ones," wrote the Sacramento Bee this June. The San Francisco Chronicle reported "scores for the ... District rose from the 35th percentile nationally in reading for first graders ... to the 62nd percentile this year." In fact, the City District's test score improvement is triple the state's average improvement. .
The majority of our school buildings are over 40 years old.
Our schools many built 20, 30, even 40 years ago - are old and must be repaired. Earlier this year, an exhaustive school facility assessment was completed. We now know the repair needs of each and every school building.
The bond money will be spent on school improvements only.
The bond language will make it illegal to spend money for any purpose other than repairing our schools. Measure "E" is a no frills bond package tied to each individual school's needs: air conditioning and heating improvements, safety repairs, electrical upgrades, wiring for computers, and the repair or replacement of portable classrooms snore than 20 years old. It also funds construction of, a modest new high school in the Rosemont area to combat student overcrowding in all the district high schools.
Bond funds will be subject to regular audits. A parent business oversight committee will ensure the bond will be administered properly and report its findings regularly to the community.
On Tuesday October 19, join us in voting Yes on Measure E for Sacramento's children.
s/Barbara Hopkins
Co President League of Women Voters .
of Sacramento
s/Dr. Curtis Mitchell, Pastor
Antioch Progressive Baptist Church
Member: Area Congregations Together
s/William Powers
Congress of CA Seniors .
Legislative Director .
s/Carolyn Heim,
Sacramento Council PTA President
s/Russell J. Hammer
President/CEO
Sacramento Metro Chamber of Commerce
NO ARGUMENT AGAINST MEASURE E WAS FILED
.IMPARTIAL ANALYSIS OF MEASURE E
Prepared by County Counsel
construction, renovation and replacement of school buildings, fire and safety, upgrades, asbestos and lead abatement, replacement or upgrade of electrical and classroom communication systems, and meeting mandated fire, safety and, federal Americans with Disabilities Act requirements.
No funds derived from bond sales could be used for district administration sites or any other purposes than those for which the bonds were issued. Measure E provides for appointment of an independent auditor and a citizens' oversight committee; without detailing the manner of selection, composition or character.
The actual dates of sale arid the amount of bonds sold would be governed by the by the District. The number of years that the whole or any part of such school district bonds are to run could not exceed the statutory maximum, calculated from the date of the bonds or any series thereof. If Measure E is approved, the tax rates necessary for payment of principal and interest on any bonds sold will be largely
dictated by the timing of the bond sales, the amount sold at a given sale, market interest rates at the time of each sale (although in no event greater than the maximum bond net interest rate allowed by law), as well as actual assessed valuation of taxable property in the District over the term of repayment.
The issuance and sale of such general obligation bonds would be for the specific
purpose. of financing school and classroom improvements as detailed therein, including but not limited to, the construction of a new high school, acquisition,
Passage of Measure E requires approval by two thirds of the voters voting thereon.
Approval of Measure E would allow the 鶹ԭ to incur bonded indebtedness up to a maximum amount of $195 Million.
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