presents
Voter’s Edge California
Conozca la información antes de votar.
Presentado por
MapLight
League of Women Voters of California Education Fund
San Mateo County Libraries Voter Guide@SMCLibraries
June 7, 2016 — Elecciones Primarias de California
Distrito especial

Irvine Unified School District School Facilities Improvement District
Measure E Bond Measure - 55% Approval Required

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Resultados electorales

Se aprueba

20,714 votos si (60.2%)

13,694 votos no (39.8%)

100% de distritos activos (69/69).

To improve older schools with classrooms, science labs and school facilities that meet the same academic and safety standards as newer schools; update instructional technology and equipment to support science, engineering and other instruction; provide art and music classrooms; make schools accessible for students with disabilities; and improve traffic and safety around schools shall School Facilities Improvement District No. 1 of the Irvine Unified School District issue $319 million in bonds at legal rates, with independent oversight, annual audits and all funds benefitting local schools?

¿Qué es esta propuesta?

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

Un voto por el SÍ significa

A “yes” vote means the school district may proceed to sell the bonds and levy the related taxes as estimated in the tax rate statement.

Un voto por el NO significa

A “no” vote will disapprove the issuance of the bonds and the levy of the taxes for such bonded indebtedness.

Resumen

Orange County Registrar of Voters

The Board of Education of the Irvine Unified School District has proposed within School Facilities District No. 1 that a general obligation bond in the amount of $319,000,000 be issued. The measure provides that the proceeds from the sale of the bonds will generally be used to modernize, renovate and construct new facilities benefitting School Facilities District No. 1.

Antecedentes

Irvine Unified School District

The Irvine Unified School District (the “School District) serves more than 22,500 students in 28 schools within School Facilities Improvement District No. 1 of the Irvine Unified School District (the “School Facilities Improvement District”.) Student performance in School District schools ranks well above state and national comparisons.  State standardized assessment scores rank the School District as the highest-performing school district in Orange County.

Excellent local schools contribute to the quality of life in the community and help to sustain strong property values for homeowners in the School Facilities Improvement District.

The villages and neighborhoods within the School Facilities Improvement District, and the schools that serve them, were built at various points over the past 40 years.  Newer schools built more recently in newer neighborhoods have state-of-the-art classrooms, science labs and the infrastructure to support the latest learning technology, but more than 60% of schools within the School Facilities Improvement District are more than 30 years old.

The School District engaged licensed architects and engineers to conduct a detailed facilities assessment of each of the 28 campuses within the School Facilities Improvement District.After completing a thorough assessment of all such campuses, the School District has identified and prioritized the most urgent facility improvements and upgrades needed to bring older schools within the School Facilities Improvement District up to a similar standard as the School District’s newer schools.  This Comprehensive Facilities Master Plan serves as a guide for future upgrade of schools within the School Facilities Improvement District and can be read by visiting:  www.iusd.org/masterplan.

Análisis del analista legislativo / Proposal

Orange County Counsel

The California Constitution provides that school districts may issue general obligation bonds for the construction, reconstruction, rehabilitation or replacement of school facilities, including the furnishing and equipping of school facilities or the acquisition or lease of real property for school facilities, with the approval of 55% of the voters of the district, voting at an election for that purpose. The California Constitution further provides that the bond measure must include a requirement that the bond proceeds will be used only for the permitted purposes and other requirements designed to ensure accountability. Under the law, a board of education has the authority to call for a bond election for the benefit of a school facilities improvement district.

The Board of Education of the Irvine Unified School District has proposed to the voters within School Facilities District No. 1 that a general obligation bond be issued in an amount up to $319,000,000 and that ad valorem taxes be levied upon taxable property within School Facilities District No. 1 to repay the bonded indebtedness. The measure provides that proceeds from the sale of the bonds will generally be used to modernize, renovate and construct school facilities benefiting School Facilities District No. 1, including updating libraries and restrooms; improving technology and security equipment and infrastructure; and renovating gymnasiums, playgrounds and science laboratories. Bond proceeds may only be spent on the projects set forth in the measure.

The measure provides that  a citizens’ oversight committee will be established to ensure that bond proceeds are properly expended within School Facilities District No. 1. In addition, annual performance and financial audits will be conducted. The measure also requires the Superintendent of the Irvine Unified School District to submit a yearly report to the Board of Education as long as the proceeds of the bond remain unexpended. The measure further provides that bond proceeds will not be used for teacher or administrator salaries or other school operating expenses.

The Board of Education of the Irvine Unified School District has called the election for the purpose of submitting the measure to the voters within the School Facilities District No. 1. If 55% of the voters within School Facilities District No. 1 voting on the measure vote yes, the school district may proceed to sell the bonds and levy the related taxes as estimated in the tax rate statement. A no vote on this measure will disapprove the issuance of the bonds and the levy of the taxes for such bonded indebtedness.

Efectos fiscales

Orange County Counsel and Irvine Unified School District

See Impartial Analysis and Tax Rate Statement

Tax rate

Irvine Unified School District

An election will be held in the Irvine Unified School District (the “School District”) on June 7, 2016, to authorize the sale of up to $319 million in bonds of the School District to finance school facilities improvement projects for the benefit of the area of land included within School Facilities Improvement District No. 1 of the Irvine Unified School District (the “School Facilities Improvement District”), as described in the proposition. If the bonds are approved, the School District expects to issue the bonds in multiple series over time. Principal of and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the School Facilities Improvement District. The following information is provided in compliance with Sections 9400 through 9404 of the California Elections Code.

 1. 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 $0.029 per $100 ($29.00 per $100,000) of assessed valuation in fiscal year 2017-18.

2. 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 $0.029 per $100 ($29.00 per $100,000) of assessed valuation in fiscal year 2028-29.

 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 $0.029 per $100 ($29.00 per $100,000) of assessed valuation in fiscal year 2017-18, which is projected to be the same in every fiscal year that the bonds remain outstanding.

4. The best estimate of the total debt service, including the principal and interest, that would be required to be repaid if all of the bonds are issued and sold is $622 million, based on $319 million of bonds being issued.

Voters should note that estimated tax rates are based on the ASSESSED VALUE of taxable property on the County’s official tax rolls, not on the property’s market value, which could be more or less than the assessed value. 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. Certain taxpayers may also be eligible to postpone payment of taxes. Property owners should consult their own property tax bills and tax advisors to determine their property’s assessed value and any applicable tax exemptions.

Attention of all voters is directed to the fact that the foregoing information is based upon the School District’s projections and estimates only, which are not binding upon the School District. The actual tax rates and the years in which they will apply, and the actual total debt service may vary from those presently estimated, due to variations from these estimates in the timing of bond sales, the amount of bonds sold and market interest rates at the time of each sale, and actual assessed valuations over the term of repayment of the bonds. The dates of sale and the amount of bonds sold at any given time will be determined by the School District based on need for construction funds and other factors, including the legal limitations on bonds approved by a 55% affirmative vote. 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 School Facilities Improvement District as determined by the County Assessor in the annual assessment and the equalization process.

Dated: March 1, 2016

s/ Terry L. Walker

Superintendent of Schools

Irvine Unified School District

Published Arguments — Arguments for and against the ballot measure

Argumento A FAVOR

Vote YES on E to keep Irvine’s world-class schools among the best in California and the nation.

Outstanding schools make Irvine a very desirable place to live, creating demand for our homes and increasing property values.

Whether or not you have school-age children, protecting quality local schools, home values and our quality of life is a wise investment.

Some Irvine schools are now 30-40 years old and need upgrades to meet the same safety and academic standards as newer schools.

Voting  YES  on  E  will  upgrade  older  classrooms  and  science  labs  to continue  supporting  the  highest  levels  of  student  achievement and  continue attracting  the  very  best  teachers  to  Irvine  schools.  It will  ensure ALL  students  have  equal  access  to  modern  instructional technology and learning tools.

YES on E will:

•  Provide classrooms and science labs that meet current academic and safety standards

•  Provide  facilities  and  equipment  for  career  and  technology classes to prepare students for college and good jobs in science, engineering, and technology

•  Provide  classrooms  for  Irvine’s  world-class  art  and  music programs

•  Improve traffic and safety around schools for students who walk or bike to school

•  Upgrade classrooms, science labs,  career-training facilities,  and computer systems to keep pace with technology

•  Ensure schools are accessible for students with disabilities

•  Replace aging roofs, plumbing, electrical systems and inefficient heating and cooling systems

Mandatory Taxpayer Protections:

•  Every penny must stay in Irvine to support local schools

•  By law, funds cannot  be  taken away by the State or used for other purposes

•  An  independent  citizens’  oversight  committee  and  annual audits are required

•  No funds may be used for administrator salaries

Irvine’s  teachers,  parents,  elected  leaders  and  business  community support Measure E because it will keep Irvine schools among the very best and protect our property values.

Please vote YES on E!  

www.CampaignForlrvineSchools.coms/

Mark Warschauer

Professor & Interim Dean, UCI School of Education

s/ Paul A. Bokota

IUSD School Board President

s/ Gavin Huntley-Fenner

Business Owner

s/ Connie Stone

Irvine Unified PTA President

Cyril Yu

IUSD Finance Comittee/Deputy District Attorney

— Orange County Registrar of Voters

Argumento EN CONTRA

Look at your current property tax bill. How many other bonds and assessments are you already paying for? Can you really afford another one? Renters, do you really think your landlord won’t raise your rent to cover these added taxes?

We all love school kids but think with your head and wallet–not your heart. This is snake oil crafted by an unholy alliance of Wall Street bond sellers, financial advisors, school and bond attorneys, architects, construction contractors and other “consultants” who will immediately profit at your expense. Google Orange County Register “Bankers Push School Bonds for C.A.S.H.”

The charge on your property tax bill to repay Measure E plus interest will last for decades. Google California Policy Center report “For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction.”

Look at the campaign finance disclosures for the proponents of Measure E and ask who stands to profit from these bonds at your expense. There is a strong correlation between those who contribute to passing school bonds and those who receive financial benefit from them. Such a pay to play arrangement at your expense should not be tolerated. Google “On Local School Bonds, Big Donors Often Win Big Contracts.”

Right now the California State Treasurer’s website lists Irvine Unified School District as the 7th most indebted school district in California at $936,796,514–nearly a BILLION dollars–between 2005-2014. http://www.treasurer.ca.gov/tfba/

If you approve the additional $319 million requested by Measure E, Irvine Unified School District’s indebtedness since 2004 will increase to over $1.25 BILLION. This will push Irvine into the top 5 indebted school districts in California behind Los Angeles, San Diego and San Francisco. http://www.treasurer.ca.gov/tfba/ Google “Thanks a Billion Poway

VOTE NO ON MEASURE E.

www.caltan.org

s/ G. Rick Marshall

Chief Financial Officer, California Taxpayers Action Network

— Orange County Registrar of Voters

Refutación al argumento A FAVOR

The most recent enrollment numbers rank Irvine Unified School District 38th statewide yet its debt is comparable to #1 Los Angeles, #2 San Diego and #7 San Francisco

.Measure E proponents say it’s for the children. Really? Are your schools run down firetraps, unsuitable for kids and about to fall over? It’s really a management problem not a money problem. Why didn’t Irvine Unified School  District  dedicate  sufficient  annual  revenue  maintaining  and improving existing facilities?If Measure E passes, will this bonded loan be used for routine maintenance too?

Under Measure E Irvine Unified School District can buy equipment–like iPads–that  you’ll  be  paying  for  long  after  they’re  discarded.  You wouldn’t take a car loan lasting longer than the car. Why would you ever authorize Irvine  Unified  School District to buy  short-lived items at  your expense? Google: School bond iPads.

Worse,  many  bond  funded  contracts  will  be  handed  out  without competitive  bidding  that  fosters  cost-reducing  competition,  allows all  qualified  bidders  fair opportunity and  protects  against  waste,  fraud, favoritism and  corruption.  Google:  Sweetwater School  pay  to  play  OR Fresno Leaseback FBI Arax.

Pay attention to Measure E’s tax rate statement: “Attention... voters... the foregoing information is based upon... projections and estimates only, which are not binding upon the School District.”

Vote NO on Measure E.

California Taxpayers Action Network is a statewide non-profit corporation of volunteers. Our mission is to promote sound fiscal policies, practices and

business  methods  by  government  entities  for  the  benefit  and protection of the public.

s/ G. Rick Marshall

Chief Financial Officer, California Taxpayers Action Network

— Orange County Registrar of Voters

Refutación al argumento EN CONTRA

The  lone  opponent  of  Measure  E  lives  in  Torrance,  not  Irvine.  He hasn’t visited our schools to understand our needs. Yet, he wants to tell Irvine how to vote without knowing the facts.

If  he  did  live  in  Irvine,  he’d  know  that  our  schools  have  30-year-old classrooms and science labs needing significant upgrades to meet the same standards that newer schools provide. Calling this proposal “snake oil”  and  citing  irrelevant articles  about  faraway  schools  ignores urgent health,  safety,  and  instructional  issues  impacting  thousands  of  OUR students every day.

If  he  lived  here,  he’d  understand  that  Irvine  schools  consistently  rank among the best in the nation because of IUSD’s careful planning and conservative management.  Since  2011,  IUSD  has  been  developing  a detailed plan  to  identify  and  prioritize  each  school’s  needs.  Mandatory independent oversight and annual audits ensure Measure E will provide locally controlled funding for these specific needs only.

If he lived in Irvine, he’d appreciate that outstanding schools are at the heart of what makes Irvine great. Many of us moved here for excellent schools, and we continue to benefit from the strong property values our schools support. Keeping our schools safe and up-to-date is a wise real estate investment.

If he were from Irvine, he’d respect our tradition of supporting our students and schools. We’ve always made sure our classrooms, science labs and instructional technology can prepare our students well for college and 21st-century careers.

Irvine’s respected leaders and organizations say Yes on E.

s/ Michael Parham

IUSD Board Member

s/ John B. Withers

Director, Irvine Ranch Water District

s/ Glenn Roquemore

President, Irvine Valley College

s/ Mary Anne Foo

Executive Director, Orange County Asian and Pacific Islander Community Alliance

s/ Robert Bibee

Woodbridge Business Owner

— Orange County Registrar of Voters
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