Impartial Analysis of Measure S
Jason Heath, County Counsel
By: Ruby Márquez, Assistant County Counsel
Under the California Constitution, school districts may issue bonds if approved by at least 55 percent of voters within the boundaries of that district. These bonds are sold to the public and constitute a debt of the district. They are repaid by the levy of an ad valorem tax, which is calculated based on the current assessed value of each property.
The Board of Trustees of the San Lorenzo Valley Unified School District (“the School District”) proposes the sale of bonds in the amount not to exceed $75.0 million dollars. The School District anticipates that these bonds would generate approximately $4.3 million annually.
As limited by law, the funds from the sale of these bonds shall only be used for specific purposes related to school site facilities, buildings, and classrooms. The law does not allow these funds to be used for teacher and administrator salaries or other school operational expenses.
The School District has submitted a Bond Project List within the full body of the measure. The types of projects funded may include, but are not limited to:
- Constructing Science/Engineering and Career Education facilities;
- Repairing or replacing roofs, deteriorating plumbing and sewer systems, outdated heating, ventilation, and air conditioning systems, etc.;
- Upgrading school safety and security features, such as fire alarms, sprinkler systems, school communication & surveillance systems, security cameras, lighting, fencing;
- Improving student access to computers and technology equipment; and/or
- Renovating, expanding, or upgrading the interior of classrooms, P.E. fields and playgrounds, and exterior school grounds.
As required by law, the School District must follow certain accountability provisions to oversee the funds collected and expended, including the establishment of an Independent Citizens’ Oversight Committee and the annual completion of Performance and Financial Audits.
At the time of filing, the School District provided the best estimate of the highest tax rate to be levied at approximately $60.00 per $100,000 of assessed property value per year. It is anticipated that the average annual tax would be collected through fiscal year 2054-55.
Measure S was placed on the ballot by the School District.
A “yes” vote on Measure S is a vote to authorize the issuance of bonds in the amount of $75,000,000 to be financed by the levy of ad valorem taxes on property in the District.
A “no” vote on Measure S is a vote against the issuance of the proposed bonds.