ABC Unified School District, California, Measure BB, Bond Issue (November 2018)

* Text of measure
* Ballot question
* Path to the ballot
* See also
* External links
* Footnotes
* More
* Local ballot measures
* State ballot measures
* Local politics

Measure BB: ABC Unified School District Bond Issue

The basics
Election date:
November 6, 2018
Status:
a Approved
Majority required:
55%
Topic:
Local school bonds
Amount: $258 million
Tax: $.04950 per $100 in value
Matures in: Legal limit
Related articles
Local school bonds on the ballot

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November 6, 2018 ballot measures in California

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Los Angeles County, California ballot measures
See also
ABC Unified School District, California

A bond issue was on the ballot for ABC Unified School District voters in Los Angeles County, California, on November 6, 2018. It was approved.

| A yes vote was a vote in favor of authorizing the ABC Unified School District to issue up to $258 million in bonds at an estimated tax rate of $0.0495 per $100 of assessed property value.

|

| A no vote was a vote against authorizing the ABC Unified School District to issue up to $258 million in bonds at an estimated tax rate of $0.0495 per $100 of assessed property value.

|

## Contents

* 1 Election results
* 2 Text of measure
* 2.1 Ballot question
* 2.2 Impartial analysis
* 2.3 Full text
* 3 Path to the ballot
* 4 See also
* 5 External links
* 6 Footnotes

## Election results[edit]

Measure BB: ABC Unified School District Bond Issue

Result | Votes | Percentage

Yes

| 75,833 | 56.82%
No | 57,627 | 43.18%

Results are officially certified.
Source

## Text of measure[edit]

### Ballot question[edit]

The ballot question was as follows:[1]

“  |

To improve student safety/campus security/intruder-protection systems, construct and upgrade classrooms, science labs, and school facilities that support college readiness and career training in math, science, engineering, technology, arts, and skilled trades, and keep instructional technology up-to-date, shall ABC Unified School District issue $258,000,000 in bonds at legal rates, levying 5 cents/$100 assessed value for 29 years ($15,500,000) to improve our schools, with citizen oversight, independent audits and all money locally controlled?[2]

| ”

|
|

### Impartial analysis[edit]

The following impartial analysis of the measure was prepared by the office of the Los Angeles County Counsel:

“  |

Approval of Measure BB (“Measure”) would authorize the Board of Education (“Board”) of the ABC Unified School District (“District”), which placed the Measure on the ballot by Resolution No. 18-03, to issue general obligation bonds in an amount not to exceed $258,000,000.

Proceeds from the sale of bonds authorized by the Measure shall be used only for the purposes specified in the Measure to modernize, repair, and replace existing school facilities. Projects include, but are not limited to, upgrading school libraries; renovating and/or adding campus bathrooms; upgrading and/or replacing shade structures; upgrading school main office; renovating or adding multi-purpose rooms; renovating and/or constructing classrooms; upgrading computer and science labs, playground surfaces and equipment, plumbing and electrical systems, and technology infrastructure; replacing the oldest portable classrooms and acquiring new portable classrooms; upgrading facility disabled access; making seismic retrofits; improving energy efficiency; expanding and/or upgrading drop-off/pick-up access and parking facilities; replacing furnishings and equipment; and abating hazardous materials. Bond proceeds may not be expended on teacher or administrator salaries or other operating expenses but may be used to reimburse the District for the cost of work performed by staff on, or necessary and incidental to, bond projects.

The Board shall cause independent performance and financial audits to be conducted annually to ensure that bond proceeds are spent only for projects identified in the Measure. The Board shall appoint an independent Citizens’ Oversight Committee under Education Code section 15278 et seq. to ensure that bond proceeds are spent as specified in the Measure and as provided by law. The Board shall deposit bond proceeds in a special account and comply with statutory reporting requirements.

Bonds shall be issued and sold as current interest bonds and/or current interest term bonds and not as Capital Appreciation Bonds or bonds with a compounding interest feature. Bonds shall be issued in one or more series under any legal provision for issuance of general obligation bonds by school districts. The interest rate and maturity date on any bond shall not exceed the maximums allowed by 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 $49.50 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 final fiscal year the tax is estimated to be collected is 2047-48. The estimated total debt service required to be repaid if all bonds are issued and sold is $449 million, including principal and interest. Estimated tax rates are based on the assessed value of taxable property on official rolls, not on a property’s market value. Properties of 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 fifty-five percent (55%) vote for passage.[2]

| ”

|
|

—Los Angeles County Counsel[1]

### Full text[edit]

The full text of the measure is available here.

## Path to the ballot[edit]

See also: Laws governing local ballot measures in California

This measure was put on the ballot through a vote of the governing officials of ABC Unified School District, California.

## See also[edit]

Local measures

* Local measures in 2018
* Local school bonds on the ballot

* Los Angeles County measures

California

* November 6, 2018 measures in California
* Local ballot measures, California
* ABC Unified School District, California

News and analysis

* State and local preemption conflicts
* Measures advancing national agendas

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## External links[edit]

| Suggest a link

|

* Search Google News for this topic
* Los Angeles County Elections Office website

## Footnotes[edit]

1. ↑ 1.0 1.1 Los Angeles County Elections, "Official Sample Ballot General Election: November 6, 2018," accessed September 25, 2018
2. ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.

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