Voter Guide for November 8, 2016

Presidential General Election

PIERCE JOINT UNIFIED SCHOOL DISTRICT

Measure B


PIERCE JOINT UNIFIED SCHOOL DISTRICT
MEASURE B
TAX RATE STATEMENT
An election will be held in the Pierce Joint Unified School
District (the "District") on November 8, 2016 to authorize
the sale of up to $15,000,000 in general obligation bonds.
The following information is submitted in compliance with
Sections 9400-9404 of the California Elections Code.
1. 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 $.04900 per $100 ($49.00 per
$100,000) of assessed valuation in fiscal year 2017-18.
2. 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 last series of bonds, based on
estimated assessed valuations available at the time of
filing of this statement, is $.04900 per $100 ($49.00 per
$100,000) of assessed valuation in fiscal year 2022-23.
3. 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 $.04900 per $100 ($49.00 per $100,000) of
assessed valuation. This vote is projected to apply in
each fiscal year that the bonds are outstanding.
4. The best estimate from official sources 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 will be approximately $30,800,000.
These estimates are based on projections derived from
information obtained from official sources. The actual
tax rates and the years in which they will apply may vary
depending on the timing of bond sales, the amount of
bonds sold at each sale and actual increases in assessed
valuations. 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.

Dated: 7/18/2016
/s/ Carol Geyer
Superintendent
Pierce Joint Unified School District

 



 


PIERCE JOINT UNIFIED SCHOOL DISTRICT
IMPARTIAL ANALYSIS
OF MEASURE B
This measure would authorize the Pierce Joint Unified
School District to issue up to a total of $15.0 million
in bonds with interest rates up to the statutory limit of
12%. Bond proceeds can only be used to fund specific
construction, rehabilitation, or replacement of school
facilities authorized and listed in the measure, including
the furnishing and equipping of school facilities or the
acquisition or lease of real property for school facilities.
Bond proceeds cannot be used for any other purpose
such as teacher salaries, administrative salaries, or other
school operating expenses except when used to reimburse
the District for work that is necessary or incidental to a
specifically authorized project paid for by Bond proceeds.
This measure requires the establishment of a citizen's
oversight committee. Furthermore, the District Board of
Trustees is required to perform an annual performance and
financial audit to ensure that bond proceeds have been
spent on specii cally authorized projects. Additionally,
the District is required to provide the Board of Trustees
with an annual report describing the status of any bond
proceeds and the school facilities projects funded by
those proceeds.
The best estimate of the highest tax rate needed to fund
the proposed issuance of bonds by the District is $.04900
per $100 ($49.00 per $100,000) of assessed valuation. The
actual tax rates and the years in which they will apply may
vary depending on the timing of the bond sales, the amount
of bonds sold at each sale and actual increases/decreases
in assessed valuation. The total estimated principal and
interest to be repaid is $30,800,000, if all the bonds are
issued and sold.
This measure was placed on the ballot by the Board of
Trustees for the Pierce Joint Unified School District. It
requires at least a 55% yes vote to pass.
/s/ Marcos A. Kropf
Colusa County Counsel

 


PIERCE JOINT UNIFIED SCHOOL DISTRICT
ARGUMENT IN FAVOR OF MEASURE B

Everyone knows the importance and value of having quality schools. From higher achieving students, to greater neighborhood safety and improved property values, quality schools make a difference. While our teachers and staff do their best in educating our children, many classrooms and school facilities at the Pierce Joint Unified School District are outdated and inadequate to provide students with the facilities they need to succeed. This is why our students need your YES vote on Measure B!

Although our schools have been well maintained over the years, aging classrooms and facilities must be upgraded since many do not meet 21st century standards. Measure B would allow the District to improve our schools and the quality of education provided to local students. By investing in our local schools, we can meet today's safety, technological, and educational standards and better our community.

If passed, Measure B will provide funding to make facility improvements at local schools by:
• Replacing outdated heating, ventilation and air-conditioning systems
• Making health, safety and handicapped accessibility improvements
• Modernizing, constructing and or renovating classrooms, restrooms and school facilities
• Repairing or replacing leaky roofs
• Replacing deteriorating plumbing and sewer systems, and
• Upgrading inadequate electrical systems Measure B makes financial sense and protects taxpayers.
• All funds must be spent locally and cannot be taken by the State.
• By law, spending must be reviewed and annually audited by an independent citizens' oversight committee.
• Funds can only be spent to improve our local schools, not for teacher or administrator salaries.

Measure B upgrades and renovates old and inadequate school facilities, improves the education of local students, and maintains the quality of our community. That's something we can all support. Please join us and VOTE YES ON MEASURE B!

/s/ Michael F. Doherty, Farmer/Agribusinessman
/s/ Jose M. Corona, Retired Law Enforcement
/s/ Jerri Mahovlich, Bank Manager
/s/ Hal Raymond Charter, Farmer
/s/ Kim Dolbow Vann, County Supervisor"

 



 



 



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