presents
Voter’s Edge California
Conozca la información antes de votar.
Presentado por
MapLight
League of Women Voters of California Education Fund
November 6, 2018 — Elección General de California
Distrito especial

Wilsona Elementary School District
Measure WE - 2/3 Approval Required

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Resultados electorales

Se aprueba

1,257 votos si (69.87%)

542 votos no (30.13%)

100% de distritos activos (3/3).

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 0.03 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?

¿Qué es esta propuesta?

Información básica sobre la iniciativa de ley — Información oficial sobre esta iniciativa

Análisis del analista legislativo / Proposal

Mary C. Wickham, 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.

Tax rate

An election will be held in the Wilsona Elementary School District (the “District”) on November 6, 2018, to authorize the sale of up to $6.5 million in bonds of the District to finance school facilities as described in the measure. If such bonds are authorized and sold, principal and interest on the bonds will be payable only from the proceeds of ad valorem 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. Such information is based upon the best estimates and projections presently available from official sources, upon experience within the District, and other demonstrable factors.

Based upon the foregoing and projections of the District’s assessed valuation, the following information is provided:

1. The best estimate of the average annual tax rate which would be required to be levied to fund this bond issue over the entire duration of the bond debt service, based on a projection of assessed valuations available at the time of filing of this statement, is $0.03 per $100 of assessed valuation (or $30 per $100,000 of assessed value). The final fiscal year in which it is anticipated that the tax will be collected is fiscal year 2057-58.

2. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue, which is estimated to apply starting in fiscal year 2019-20, based on a projection of assessed valuations available at the time of filing of this statement, is $0.03 per $100 of assessed valuation (or $30 per $100,000 of assessed value).

3. 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 approximately $13.4 million.

Voters should note the estimated tax rate is based on the assessed value (not market value) of taxable property on the County’s official tax rolls. In addition, taxpayers eligible for a property tax exemption, such as the homeowner’s exemption, will be taxed at a lower effective tax rate than described above. Property owners should consult their own property tax bills and tax advisors to determine their property’s assessed value and any applicable tax exemptions.

The attention of all voters is directed to the fact that the foregoing information is based upon projections and estimates only, which amounts are not maximum amounts and are not binding upon the District. The actual debt service, tax rates and the years in which they will apply may vary from those used to provide the estimates set forth above, due to factors such as variations in the timing of bond sales, the par amount of bonds sold and market interest rates available at the time of each sale, actual assessed valuations over the term of the bonds, and other factors. The date and amount of bonds sold at any given time will be determined by the District based on the need for project funds and other considerations. The actual interest rates at which the bonds will be sold will depend on conditions in the bond market at the time of sale. Actual future assessed valuations will depend upon the amount and value of taxable property within the District as determined by the County Assessor in the annual assessment and the equalization process.

TERESA GREY
Superintendent
Wilsona Elementary School District, California

Published Arguments — Arguments for and against the ballot measure

Argumento A FAVOR

The Wilsona Elementary School District is a unique area. Our schools serve a vital role in the community, and provide the academic foundation for our students to succeed in high school, college, and beyond in good paying jobs and careers.
While the District has done a great job in maximizing and securing State grants to construct and improve school facilities in the past, we still have unmet needs at our schools that must now be funded. The District needs to improve student safety and security, replace inadequate and outdated air conditioning systems, and provide modern learning environments for students to compete effectively with our neighboring communities.

Measure “WE” will provide funding to:
- Increase student safety and security improvements, including improved lighting, fencing and controlled classroom access
- Provide 21st Century classrooms improvements with modern classroom technology, equipment and infrastructure for teacher and student use
- Upgrade lighting, windows, heating, and ventilation systems and replace roofs to reduce annual operating costs and improve efficiency
- Improve support facilities including playfields and the library
- Make the District eligible to receive approximately $6.4 million in matching State grants for construction and modernization

Taxpayer safeguards are in place and require:
- An independent citizens’ oversight committee to protect taxpayer funds
- Annual financial and performance independent audits on all Measure “WE” expenditures

Our schools have served us well, but we need to improve our schools and classrooms to ensure that all students have the same opportunity to compete and succeed in the new economy regardless of where they start. We must now invest in our schools so ALL children have the same high quality classrooms and facilities so local students do not get left behind.

Please join us in voting YES on Measure “WE”.

DIANA LEE CALLARI
School Board Trustee

VLADIMIR GOMEZ
Wilsona School District Clerk

ANNE E. MISICKA
Wilsona Board Trustee

VICTORIA L. GREEN
Wilsona School Board Trustee/School Volunteer

Argumento EN CONTRA

NO ARGUMENT AGAINST THIS MEASURE WAS SUBMITTED

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