The Los Angeles County Board of Supervisors will likely agree to schedule a local school bond election for June 5, the date of California’s presidential primary. It takes a board vote to add an item to the county ballot and absorb the fractional printing and ballot-counting costs.
The $72 million bond measure would enable the Sulphur Springs Union School District to bring all nine of its Canyon Country campuses into the 21st Century with technology upgrades and other physical improvements.
The bond would be repaid by property owners in the district at a rate of $30 per year for each $100,000 in assessed valuation.
The county registrar-recorder has approved the language Canyon Country voters will see on their ballot, as follows:
“Without increasing current tax rates to provide quality education in Canyon Country elementary schools, safe, modern classrooms for students, including medically-fragile, disabled students, shall Sulphur Springs Union School District upgrade classrooms, libraries, science labs, old roofs, support classroom instruction in core subjects (reading, writing, math, science) by reducing debt, update technology for 21 st century skills, upgrade, acquire, construct classrooms, sites, facilities/equipment by issuing $72,000,000 in bonds at legal rates, with independent oversight and all funds used locally?”
In a letter to the registrar-recorder, school officials asked that the measure be designated “CK” or “S.” They specifically requested that it not be named “F” or “N” – for obvious reasons.
They prevailed. It’s Measure CK.
It requires just 55 percent to pass.
In a resolution adopted Feb. 29, the Sulphur Springs school board said the measure is needed because the state of California “is unable to provide the district with enough money for the district to adequately maintain its educational facilities, notwithstanding ongoing efforts to obtain such moneys.”
The board believes the time is ripe in the current economy to get a lot of bang for the buck – in terms of both construction costs and debt service.
“In the considered judgment of the board, mindful of the unparalleled opportunity that currently low construction costs and historically low interest rates afford, it is in the best interest of the district residents to provide additional facility and site improvement funding to meet such needs now by means of a general obligation bond,” the resolution states. “The evidence gathered indicates that if these needs are not addressed now, they will only become more pressing and more costly.”
CLICK HERE to read exactly where the bond money will go.
Like this:
Like Loading...
Related
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.
No Comments