presents
Voter’s Edge California
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Presentado por
MapLight
League of Women Voters of California Education Fund
June 7, 2016 — Elecciones Primarias de California

— Obligation Bond of 2016Bond Measure —

Distrito especial

Camino Union School District
Measure H Bond Measure - 55% Approval Required

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Resultados electorales

Se aprueba

1,404 votos si (71.31%)

565 votos no (28.69%)

  • 100% de distritos activos (5/5).
  • 1,969 boletas electorales serán contadas.

Shall the Camino Union School District (the "District") be authorized to issue and sell bonds of up to $4.0 million in aggregate principal amount to provide financing for the specific school projects listed in the Bond Project List below, subject to all of the accountability safeguards specified below?

Análisis del analista legislativo / Proposal

     California law provides that upon approval of at least 55 % of the registered voters voting on this measure, the Camino Union School District (“CUSD”) will be authorized to issue and sell general obligation bonds to be paid by ad valorem taxes placed on property within the district, for the purpose of construction, reconstruction, rehabilitation, replacement of school facilities, equipping of school facilities etc.

  

     The Board of Trustees of the CUSD proposes issuing bonds in an amount up to 4 Million Dollars ($4,000,000.00).  The bonds interest rate and maturity date will not exceed the legal maximums. If the measure is approved, CUSD will be authorized to increase the ad valorem taxes on property located within their boundaries to pay the bond principal, interest and associated costs for the repair of school facilities and to meet health and safety needs that may include projects to:

  

  • Replace old restrooms, failing water and sewer lines and other infrastructure installed with original construction of campus

  • Replace /reconfigure parking lot, relocate bus yard, increase parking stalls to improve traffic flow and student safety

  • Improve student support facilities including bringing multi-purpose room up to code

  • Replace windows, repair gutters and roofing, fix outdated electrical infrastructure at elementary campus

  • Make repairs and address unforeseen conditions such as dryrot and structural problems etc.

  • Make other improvements to classrooms and facilities if State Aid becomes available. 

  

     Proceeds may only be used for the stated purposes and not for other purposes, including teacher or administrator salaries, or school operating expenses.

  

     CUSD’s best estimate of the tax rate to be levied to fund the bond issue is $30.00 per $100,000 of assessed valuation, during the first fiscal year after the sale of the first series of bonds (2017-18) and $30.00 per $100,000 during the life of the bonds. CUSD’s best estimate of the highest tax rate required to be levied is $30.00 per $100,000 per fiscal year of assessed valuation. The amount of tax levied may be higher than the estimate if funds due for payment of interest and principal on the bonds exceed the best estimate of the tax rate.

   

     This measure requires CUSD to take steps to account for the use of the proceeds from the sale of the bonds as required by the California Constitution and Education Code. Expenditure of bond revenues will be actively reviewed by an independent Citizens' Oversight Committee and an annual independent audit will be conducted to assure that funds are spent only for purposes included in this measure.

 

     A “yes” vote is a vote to authorize the CUSD to issue and sell bonds in the amount not to exceed $4 million to be secured by the levy of ad valorem taxes on property located within CUSD.

  

     A “no” vote is a vote not to authorize the CUSD to issue and sell bonds in the amount not to exceed $4 million to be secured by the levy of ad valorem taxes on property located within CUSD.

  

Michael Ciccozzi, Interim County Counsel

 

— Michael Ciccozzi, Interim County Counsel

Tax rate

 An election will be held in the Camino Union School District (the "District") on June 7, 2016 to authorize the sale of $4,000,000 in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code.

  

The best estimate of the tax rate that would be required 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 $.03 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2017-18.

  

The best estimate of the tax rate that would be required to fund this bond issue during the first fiscal year after the sale of the only proposed series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $.03 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2017-18.

  

The best estimate of the highest tax rate that would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, is $.03 per $100 ($30.00 per $100,000) of assessed valuation.

  

The best estimate of the total debt service, including the principal and interest, that would be required to be repaid if all the bonds are issued and sold is $8,202,330.

  

These estimates are based on projections derived from information obtained from official sources. The actual tax rates, the years in which they will apply and the total debt service may vary depending on the timing of bond sales, the amount of bonds sold at each sale, actual increases in assessed valuations and actual interest rates at the time of each bond sale. The timing of the bond sales and the amount of bonds sold at any given time will be determined by the needs of the District. Actual assessed valuations will depend upon the amount and value of taxable property within the District as determined in the assessment and the equalization process. Actual interest rates will depend upon market conditions at the time of sale.

 

Matt Smith, Superintendent, Camino Union School District

— Matt Smith, Superintendent, Camino Union School District

Un voto por el SÍ significa

 A “yes” vote is a vote to authorize the CUSD to issue and sell bonds in the amount not to exceed $4 million to be secured by the levy of ad valorem taxes on property located within CUSD.

Un voto por el NO significa

 

A “no” vote is a vote not to authorize the CUSD to issue and sell bonds in the amount not to exceed $4 million to be secured by the levy of ad valorem taxes on property located within CUSD.

Argumento A FAVOR

 Camino Union School District (CUSD) was established in 1950, and has served proudly as a center of the community since – but now it needs our help! Vote YES on Measure “H”!

  

The original Camino campus was constructed more than 60 years ago and classrooms and facilities are old. Many portable classrooms should be modernized or replaced too. Other facilities could be upgraded for student and community use. While we know the District will not be able to immediately meet all these needs, we also understand that we cannot ignore the age of classrooms and facilities.

  

Last summer, the CUSD Board of Trustees appointed a Facilities Committee with representatives from staff, leadership and the community. It met frequently, assessing facilities to determine priorities and concluding that health and safety needs must come first. The Board then worked diligently with all our residents and stakeholders to make good decisions and develop a strong plan. The result was a unanimous decision to pursue “Measure H”.

  

Now, in addition to working hard to obtain as much other funding as possible, Measure “H” is on the ballot to meet the most important health and safety needs. Vote YES on Measure “H” to:

  

  • Meet critical health and safety needs at Camino schools

  • Replace old restrooms, failing water and sewer lines and aged infrastructure

  • Reconstruct the parking lot

  • Improve student support facilities

  • Make other basic repairs like replacing windows and fixing outdated electrical systems

 

 

The Board is committed to doing this the right way and taxpayer safeguards are in place. Measure “H” requires:

  

  • An independent Citizens’ Oversight Committee

  • Annual audits of bond expenditures

  • NO costly, capital appreciation bonds also called “CABs”

  • All funds dedicated to improving classrooms and facilities in Camino

   

Measure “H” makes sense. Meet critical health and safety needs at Camino schools! Vote YES on Measure “H”!

  

Judy Morris, CUSD Board President

Christa K. Campbell, Rainbow Orchards Owner

Susie Combellack, Second Grade Teacher

Heather A. Hill, CUSD PTO President

Bob Penn, Camino Resident

 

Legislación propuesta

This proposition may be known and referred to as the Camino Union School District General Obligation Bond of 2016, or Measure “___”.

 BOND AUTHORIZATION

 By approval of this proposition by at least 55% of the registered voters voting on the proposition, the Camino Union School District (the “District”) shall be authorized to issue and sell bonds of up to $4.0 million in aggregate principal amount to provide financing for the specific school projects listed in the Bond Project List below, subject to all of the accountability safeguards specified below.

  

ACCOUNTABILITY SAFEGUARDS

   

The provisions in this section are specifically included in this proposition in order that the District’s voters and taxpayers may be assured that their money will be spent wisely to address specific facilities needs of the District, all in compliance with the requirements of Article XIII A, Section 1(b)(3) of the State Constitution, and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Education Code Sections 15264 and following).

 Evaluation of Needs.  The Board of Trustees hereby certifies that it has evaluated safety, class size reduction and information technology needs in developing the Bond Project List.

  

Limitation on Use of Bond Proceeds.  The State of California does not have the power to take locally approved school district bond funds for any State purposes.  The Constitution allows proceeds from the sale of bonds authorized by this proposition to be used only for the construction, reconstruction, rehabilitation, or replacement of school facilities listed in this proposition, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities, and not for any other purpose, including teacher and administrator salaries and other school operating expenses.  Proceeds of the bonds may be used to pay or reimburse the District for the cost of District staff only when performing work on or necessary and incidental to the bond projects.

         Independent Citizens’ Oversight Committee.  The Board of Trustees shall establish an Independent Citizens’ Oversight Committee (pursuant to Education Code Section 15278 and following) to ensure bond proceeds are spent only for the school projects listed in the Bond Project List.  The committee shall be established within 60 days of the date on which the Board of Trustees enters the election results on its minutes.

         Annual Performance Audits.  The Board of Trustees shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school projects listed in the Bond Project List.

         Annual Financial Audits.  The Board of Trustees shall conduct an annual, independent financial audit of the bond proceeds (which shall be separate from the District’s regular annual financial audit) until all of those proceeds have been spent for the school projects listed in the Bond Project List.

         Special Bond Proceeds Account; Annual Report to Board.  Upon approval of this proposition and the sale of any bonds approved, the Board of Trustees shall take actions necessary pursuant to Government Code Section 53410 and following to establish an account in which proceeds of the sale of bonds will be deposited.  As long as any proceeds of the bonds remain unexpended, the Superintendent or the Chief Business Official of the District (or such other employee as may perform substantially similar duties) shall cause a report to be filed with the Board no later than December 31 of each year, commencing December 31 of the year in which bonds are first issued, stating (1) the amount of bond proceeds received and expended in that year, and (2) the status of any project funded or to be funded from bond proceeds.  The report may relate to the calendar year, fiscal year, or other appropriate annual period as such officer shall determine, and may be incorporated into the annual budget, audit, or other appropriate routine report to the Board.

  

No Capital Appreciation Bonds. The Bonds shall be issued only as current interest bonds, and NOT as capital appreciation bonds.

  

Additional Sources of Funding. The District will use a portion its own operating budget to meet some of the needs and actively work to gain as much State facilities funding as possible to further improve Camino schools.

  

FURTHER SPECIFICATIONS

  

Specific Purposes.  All of the purposes enumerated in this proposition shall be united and voted upon as one single proposition, pursuant to Education Code Section 15100, and shall constitute the specific purposes of the bonds, and proceeds of the bonds shall be spent only for such purposes, pursuant to Government Code Section 53410.

  

Joint Use.  The District may enter into agreements with the County of El Dorado or other public agencies or nonprofit organizations for joint use of school facilities financed with the proceeds of the bonds in accordance with Education Code Section 17077.42 (or any successor provision).  The District may seek State grant funds for eligible joint-use projects as permitted by law, and this proposition hereby specifies and acknowledges that bond funds will or may be used to fund all or a portion of the local share for any eligible joint-use projects identified in the Bond Project List or as otherwise permitted by California State regulations, as the Board of Trustees shall determine.

  

Rate of Interest.  The bonds shall bear interest at a rate per annum not exceeding the statutory maximum, payable at the time or times permitted by law.

  

Term of Bonds.  The number of years the whole or any part of the bonds are to run shall not exceed the legal limit, though this shall not preclude bonds from being sold which mature prior to the legal limit.

  

BOND PROJECT LIST

  

Camino Union School District (CUSD) was established in 1950, and has served proudly as a center of the community since.  Today, the District supports the learning of more than 500 students in kindergarten through 8th grade.  But the original Camino campus was constructed more than 60 years ago and classrooms and facilities are old.  Additionally, there are many portable classrooms that were placed on the campus responding to enrollment increases that should be modernized or replaced too.  Other facilities like libraries, the multi-purpose room and computer labs could be upgraded for student and community use.

         While CUSD will not be able to immediately meet all these needs, the Board of Trustees understands that the District cannot ignore the age of classrooms and facilities.  So a Facilities Sub-Committee was appointed and met frequently last summer, assessing existing facilities to determine priorities.  Now, in addition to working hard to obtain as much other funding as possible, for the first time ever the District is asking the community for a bond (Measure “__”) to address some of the health and safety needs.

 

Specifically, Measure “__” will:

  


  • Meet critical health and safety needs at Camino schools

  • Replace old restrooms

  • Replace failing water and sewer lines and other infrastructure that was installed with the original construction of campus

  • Reconfigure/replace the parking lot, relocate the bus yard and increase the number of parking stalls to improve traffic flow and student safety at pick-up and drop-off times

  • Improve student support facilities, including bringing the multi-purpose room up to code

  • Replace classroom windows, repair gutters and roofing, and fix outdated electrical infrastructure of original elementary campus

  • Make other basic repairs throughout the campus

  • Address unforeseen conditions and latent defects in materials revealed by these projects (e.g. dry rot, structural, etc.)

  • Perform necessary site preparation/restoration in connection with repairs or remodeling

  • Make other improvements to classrooms and facilities throughout the campus, if State Aid becomes available


 

For additional information, please see the Camino Union School District Master Plan, available online (www.caminoschool.org) and at the District Office.


 

The Bond Project List above describes the specific projects the District proposes to finance with proceeds of the bonds.  Listed projects will be completed as needed according to Board-established priorities, and the order in which such projects appear on the Bond Project List is not an indication of priority for funding or completion.  The final cost of each project will be determined as plans are finalized, construction or acquisition bids are awarded, and projects are completed.  Certain funds expected from non-bond sources, including State grant funds for eligible projects, have not yet been secured.  Until all project costs and funding sources are known, the Board of Trustees cannot determine the amount of bond proceeds available to be spent on each project, nor guarantee that the bonds will provide sufficient funds to allow completion of all listed projects.  Completion of some projects may be subject to further government approvals or appropriation by State officials and boards, to local environmental review, and to input from the public.  For these reasons, inclusion of a project on the Bond Project List is not a guarantee that the project will be funded or completed.


 

Each project includes the expenses of furnishing and equipping, architectural, engineering, design and planning costs, program/project management expenses (including project management performed by District personnel) and a customary contingency for unforeseen design and construction costs.   In the event a project has been financed on an interim basis, including through the issuance of certificates of participation or other financing vehicle, the bond project includes the payment of such interim financing.  Each bond project described above includes all work incidental to such projects, including but not limited to, demolition, rental or construction of storage facilities and other space on an interim basis and interim classrooms for students and school functions or other storage for classroom materials displaced during construction, addressing unforeseen conditions revealed by construction and other necessary improvements required to comply with existing building codes, including the Field Act and access requirements of the Americans with Disabilities Act, installation of irrigation and utility lines, governmental fees and permit costs, and all costs relating to the issuance of the bonds authorized hereunder and the costs of preparing the performance and financial audits required by this measure.  Some projects may be undertaken as joint use projects in cooperation with other local public or non-profit agencies.


 

EXHIBIT B



BALLOT MEASURE


(ABBREVIATED FORM)


 

To meet critical health and safety needs at Camino schools, replace old restrooms, failing water and sewer lines and aged infrastructure, reconstruct the parking lot, improve student support facilities and make basic repairs including replacing windows and fixing outdated electrical infrastructure, shall Camino Union School District issue $4,000,000 of bonds at legal interest rates, with an Oversight Committee and annual audits ensuring funds are ONLY spent improving LOCAL school facilities and NOT for salaries or any other purpose?”

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