Patterson Joint Unified School District, California, Measure V, Bond Issue (June 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 V: Patterson Joint Unified School District Bond Issue

The basics
Election date:
June 5, 2018
Status:
a Approved
Majority required:
55%
Topic:
Local school bonds
Amount: $33,852,058.10
Tax: $0.06 per $100 of assessed value
Matures in: Legal limit
Related articles
Local school bonds on the ballot

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June 5, 2018 ballot measures in California

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Santa Clara County, California ballot measures

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Other counties

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District bonds on the ballot
See also
Patterson Joint Unified School District, California

A bond issue was on the ballot for Patterson Joint Unified School District voters in Santa Clara and Stanislaus counties, California, on June 5, 2018. It was approved.

| A yes vote was a vote in favor of authorizing the Patterson Joint Unified School District to re-issue bonds in the amount of $33,852,058.10, originally issued in 2008, at the tax rate of $0.06 per $100 of assessed property value to fund facility and equipment updates and construction.

|

| A no vote was a vote against authorizing the Patterson Joint Unified School District to re-issue bonds in the amount of $33,852,058.10, originally issued in 2008.

|

A 55 percent supermajority vote was required for the approval of this measure.

## Contents

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

## Election results[edit]

Patterson Joint Unified School District Measure V

Result | Votes | Percentage

Yes

| 1,909 | 62.06%
No | 1,167 | 37.94%

Results are officially certified.
Source

## Text of measure[edit]

### Ballot question[edit]

The ballot question was as follows:[1]

“  |

To repair Patterson’s classrooms, construct classrooms for 21st Century learning/reduce overcrowding, make fire safety/security improvements, replace aging plumbing/sewer/electrical systems, acquire, construct/repair classrooms, sites, facilities/equipment, shall the measure be adopted to reauthorize the $33,852,058.10 Patterson Joint Unified School District bonds approved in 2008 as new bonds, at legal rates, levy on average 6 cents/$100 assessed value ($2,600,000 annually) while bonds are outstanding, with taxpayer oversight, audits, no increase in total authorized District debt?[2]

| ”

|
|

### Impartial analysis[edit]

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

“  | Upon approval of 55% of the votes cast by voters on this measure, California law permits Patterson Joint Unified School District (“District”) to issue and sell general obligation bonds to be paid by ad valorem taxes placed on property within District, for purposes of construction, rehabilitation, replacement of classrooms, school facilities and equipment.

The Board of Trustees of District submits this measure to reauthorize and reapprove District to issue $33,852,058.10 in bonds that were authorized by voter approval of Measure V (2008) (“2008 Measure V”), with interest rates and maturity dates not to exceed the legal maximums. District seeks reauthorization because it cannot access the remaining authorization on terms acceptable to the District and advantageous to the taxpayers without increasing the total amount of authorized debt. The new bonds will be issued within the authorized debt limit.

If this measure passes, District shall cancel and not authorize the issuance of 2008 Measure V bonds in a like amount. The District will issue new bonds to pay the bond principal and interest and associated costs for the specifically listed projects. The projects include construct new classrooms and laboratories to relieve overcrowding; repair, upgrade and improve equipment, classrooms, laboratories, athletic and other school facilities; improve student safety by repairing and modernizing aging infrastructure, including gas, sewer, electrical and plumbing; and replace aging roofs. See the bond “Project List” in this measure for further details.

Proceeds may not be used for other purposes such as teacher or administrator salaries, or school operating expenses. Based on the final costs of each project, allocation of bond proceeds may be affected, and certain listed projects may be delayed or may not be completed.

District’s best estimate for the average annual tax rate in any given year will be $59.00 per $100,000 of assessed valuation, with the final fiscal year anticipated to be 2040-41. District estimates the highest tax rate to be levied to fund the bond issue will be $60.00 per $100,000 assessed valuation and will start in fiscal year 2018-2019. The actual amount of tax levied may be higher than the estimate if funds due for payment of principal and interest on the bonds exceed the best estimate of the tax rate.

The measure requires District be accountable for the use of the proceeds from the sale of the bonds as required by the California Constitution and Education Code. Expenditure of bond revenues will be actively reviewed by an independent citizens’ oversight committee. Annual independent performance and financial audits will be conducted to assure the funds are spent only for the purposes included in the measure.

________A “yes” vote is a vote to reauthorize District to issue up to and sell $33,852,058.10 in bonds for the purposes listed in the “Project List” and levy related taxes.

________A “no” vote is a vote against authorizing Patterson Joint Unified School District to issue the bonds.

Submitted by County Counsel pursuant to Elections Code section 9500. [2]

| ”

|
|

—Stanislaus County Counsel[3]

## 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 Patterson Joint Unified School District, California.

## See also[edit]

Local measures

* Local measures in 2018
* Local school bonds on the ballot
* District bonds on the ballot
* Santa Clara County measures

* Stanislaus County measures

California

* June 5, 2018 measures in California
* Local ballot measures, California
* Patterson Joint 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
* Santa Clara County Elections Office website
* Stanislaus County Elections Office website

## Footnotes[edit]

1. ↑ County of Santa Clara, "List of Measures," accessed April 16, 2018
2. ↑ 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
3. ↑ Stanislaus County Registrar of Voters, "Sample Ballot and Voter Information Guide," accessed April 27, 2018

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