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November 8, 2016 — California General Election
Special District

Cajon Valley Union School District
Measure EE Bond Measure - 55% Approval Required

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Election Results

Passing

30,406 votes yes (57.16%)

22,787 votes no (42.84%)

To increase student access to computers; maintain and upgrade educational technology; keep pace with 21st century technological innovations; implement statewide technology requirements for testing and learning; and significantly reduce borrowing costs, shall Cajon Valley Union School District issue $20,000,000 of shortterm bonds with the interest rates at or below the legal limit, independent citizen oversight, and no money for administrator/teacher salaries, so long as all funds are spent locally and cannot be taken by the State?

What is this proposal?

Measure Details — Official information about this measure

YES vote means

A “YES” vote is a vote in favor of authorizing the District to issue and sell $20,000,000 in general obligation bonds. 

NO vote means

A “NO” vote is a vote against authorizing the District to issue and sell $20,000,000 in general obligation bonds. 

Background

San Diego County Counsel

This measure was placed on the ballot by the governing board of the Cajon Valley Union School District (“District”). 

Impartial analysis / Proposal

This measure, if approved by 55% of the votes cast on the measure, will authorize the District to issue and sell $20,000,000 in general obligation bonds. The sale of these bonds by the District is for the purpose of raising money for the District, and represents a debt of the District. In exchange for the money received from the bond holders, the District promises to pay the holders an amount of interest for a certain period of time, and to repay the bonds on the expiration date.

Voter approval of this measure will also authorize an annual tax to be levied upon the taxable property within the District. The purpose of this tax is to generate sufficient revenue to pay interest on the bonds as it becomes due and to provide a fund for payment of the principal on or before maturity.

Proceeds from the sale of bonds authorized by this measure may be used by the District 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.

The interest rate on any bond, which is established at the time of bond issuance, could not exceed 12% per annum. The final maturity date of any bond could be no later than 5 years after the date the bonds are issued as determined by the District.

The tax authorized by this measure is consistent with the requirements of the California Constitution. The California Constitution permits property taxes, above the standard one percent (1%) limitation, to be levied upon real property to pay the interest and redemption charges on any bonded indebtedness for, among other things, the construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, when approved by 55% of the voters if:

(1) the proceeds from the sale of the bonds are used only for the purposes specified,
(2) the District, by evaluating safety, class size reduction, and information technology needs, has approved a list of specific projects to be funded,
(3) the District will conduct an annual, independent performance audit, and
(4) the District will conduct an annual, independent financial audit.

If a bond measure is approved, state law requires the District to establish an independent citizens’ oversight committee. The District has made this ballot measure subject to these requirements.

Approval of this measure does not guarantee that the proposed projects in the District that are the subject of these bonds will be funded beyond the local revenues generated by this measure. 

Tax rate

Assistant Superintendent of Business Services, Cajon Valley Union School District

An election will be held in Cajon Valley Union School District (the ”District”) on November 8, 2016 to authorize the sale of $20,000,000 in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code.

1. The best estimate of the tax rate that would be required 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 $.01354 per $100 ($13.54 per $100,000) of assessed valuation in fiscal year 2017-18.

2. The best estimate of the tax rate that would be required 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 $.01402 per $100 ($14.02 per $100,000) of assessed valuation in fiscal year 2023-24.

3. The best estimate of the highest tax rate that would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, is $.01488 per $100 ($14.88 per $100,000) of assessed valuation.

4. The best estimate of the average tax rate required to fund this bond issue, based on a projection of assessed valuations available at the time of filing of this statement, is $.01387 per $100 ($13.87 per $100,000) of assessed valuation.

5. The best estimate of the total debt service, including principal and interest, that would be required to be repaid if all the bonds are issued and sold is $21,221,386.

These estimates are based on projections derived from information obtained from official sources. The actual tax rates and the years in which they will apply may vary depending on the timing of bond sales, the amount of bonds sold at each sale and actual increases in assessed valuations. The timing of the bond sales and the amount of bonds sold at any given time will be determined by the needs of the District. Actual assessed valuations will depend upon the amount and value of taxable property within the District as determined in the assessment and the equalization process.

Dated: August 1, 2016

/s/

Scott Buxbaum
Assistant Superintendent of Business Services
Cajon Valley Union School District 

Published Arguments — Arguments for and against the ballot measure

Arguments FOR

ARGUMENT IN FAVOR OF MEASURE EE

 

Vote YES on Measure EE!

The schools of Cajon Valley Union School District are one of our most important assets, producing high-achieving students and increasing local property values.

Measure EE will continue to improve our schools with a steady source of locally-controlled funding for critical educational technology for the coming decade, ensuring an opportunity for our students to thrive in today’s workforce and succeed in the economy of tomorrow.

Measure EE makes strong financial sense. Measure EE will reduce borrowing costs by over 90% and save taxpayers millions of dollars by using a series of short-term loans. This, among other reasons, is why Measure EE has been endorsed by the San Diego County Taxpayers Association.

Measure EE will improve school technology by:

  • Increasing student access to computers
  • Upgrading and maintaining educational software in every classroom
  • Providing a source of ongoing funding to keep pace with 21st century innovations

Measure EE will protect taxpayers by:

  • Requiring independent citizen oversight
  • Matching the term of the financing to the useful life of the technology
  • Prohibiting funds from going to administrators' salaries, pensions or benefits
  • Imposing tough legal restrictions requiring all monies to be spent on our local schools
  • Prohibiting the state from taking local bond money and spending it in other districts

Vote YES for increased property values and home prices by improving neighborhood schools.

Vote YES to protect taxpayers with independent financial audits.

Vote YES for increased after-school learning opportunities.

Vote YES on Measure EE to provide an ongoing source of affordable funds for classroom computers, internet infrastructure, and other technological innovations for every school in the District.

Please join our local business leaders, teachers, parents, grandparents and neighbors by voting YES on Measure EE.

/s/

GREGORY A. STEIN
Chairman of the Board
San Diego County Taxpayers Association 

HEATHER ZIMKIN
Cajon Valley Council PTA President 

STAR BALES
Council Women City of El Cajon

CHRIS GEORGE 
General Manager

JAMES R. DAVIS
Chief of Police (RET)

— San Diego County Registrar of Voters

Arguments AGAINST

ARGUMENT AGAINST MEASURE EE

 

Don’t be a victim of The School Bond Scam! (www.schoolbondscam.org)

News articles and campaign finance disclosures show Wall Streeters, contractors and consultants pay money to pass school bonds for their immediate profit leaving each taxpayer with decades of additional debt. Google: “Local School Bonds: Big Donors Win Big Contracts” OR Orange County Register’s “Bankers Push School Bonds for C.A.S.H.”

The School Bond Scammers gladly pay to pass bonds anticipating school boards will reward them with inflated no bid contracts in return. Google: Sweetwater school pay to play OR Fresno Leaseback FBI Arax.

Voice of San Diego’s August 6, 2012 investigative report revealed Poway School District’s "Capital Appreciation Bonds" put their taxpayers on the hook to pay back about $1 billion for their $105 million bond. Google: “Thanks a Billion”

California Taxpayers Action Network (www.caltan.org) is not against all school bonds and has supported those (i.e. Walnut Valley Unified School District) that contain proper internal controls to prevent waste and encourage good value for taxpayers.

This bond does not include such taxpayer protections. Contracts can be handed to favored contractors and consultants without regard to price!

Worse, this bond lacks a prioritized Project List with estimated project costs for each and a commitment to build the proposed projects in the promised prioritized order. This bond allows pet projects to be built instead of necessary ones.

Why does District need another bond so soon after their last one? Did they handout over priced contracts and put in astroturf fields with the last bond instead of making needed classroom repairs?

Vote NO until they propose a better bond next election.

California Taxpayers Action Network is a San Diego based all-volunteer, statewide network of taxpayer advocates who promote sound fiscal policies, practices and business methods by government entities for the public’s benefit and protection.

/s/

M. KEVIN O’NEILL
President, California Taxpayers
Action Network 

DONNA MILLER
Resident/Taxpayer

MATTHEW MILLER
Resident/Taxpayer

MARK REVETTA

— San Diego County Registrar of Voters

Replies to Arguments FOR

REBUTTAL TO ARGUMENT IN FAVOR OF MEASURE EE

 

Voters rejected exact same bond two years ago (November 4, 2014). They agreed bond money is for buildings that last decades not technology that is obsolete in 5 years.

2½ weeks after you voted NO, CVUSD’s Board of Education met on November 21, 2014 for this Agenda Item:

“District would like to bring back the exact same measure to the voters for the November 2016 presidential election. …[A] resolution adopted now, which would allow the District to continue its' outreach efforts to various groups in the District as well as for the campaign committee to begin fundraising now to allow better communication potential to voters in the upcoming election."

Translation: ‘If we have more time and money we can slip this by the voters.’

San Diego County Taxpayers Association endorsed Measure EE?!? Many of their directors/ officers profit directly / indirectly from school bonds. Google: Gonsalves Taxpayers cozy.

CVUSD’s lack of technology is a management problem, NOT a money problem. CVUSD’s Financial Statements show revenues increased $51 million and wages increased $23 million over last 4 years: 

2012-13 Revenue 124,283,245
2012-13 Wages 108,457,775 

2013-14 Revenue 136,496,562
2013-13 Wages 110,866,693

2014-15 Revenue 149,394,787
2014-15 Wages 117,874,698

2015-16 Projected Revenue 175,329,486
2015-2016 Projected Wages 131,798,582

Revenue Increase 2012-2016 51,046,241
Wages Increase 2012-2016 23,340,807

CVUSD wants YOU to pay $21.2 million more in taxes so they can continue increasing wages.

CVUSD taxpayers already pay these taxes:

Countywide Proposition 13
Cajon Valley Union School District, 2000 bond
Cajon Valley Union School District, 2008 bond
Cajon Valley Union School District, 2012 bond
Grossmont Hospital District, 2006 bond
Grossmont Cuyamaca College District, 2002 bond
Grossmont Cuyamaca College District, 2012 bond
Grossmont High School District, 2004 bond
Grossmont High School District, 2008 bond
Metropolitan Water District

You’re taxed enough already!

Vote NO on Measure EE (Again)

www.CalTAN.org

/s/

M. KEVIN O’NEILL, President, California Taxpayers Action Network
MATTHEW MILLER Taxpayer/Resident
MARK REVETTA Taxpayer/Resident 

— San Diego County Registrar of Voters

Replies to Arguments AGAINST

REBUTTAL TO ARGUMENT AGAINST MEASURE EE

 

Measure EE is about improving our community and our schools. Stories about what happened in other districts are irrelevant. Here are the facts:

The need is real.

With input from students, parents and teachers, the Cajon Valley Union School District has prepared a plan to assure every student has the resources necessary to keep pace with 21st century education standards.

The protections are real.

Measure EE funds are subject to audit and oversight by an independent citizens' committee. Funds cannot be used for administrator salaries, benefits or pensions.

Measure EE makes financial sense.

Measure EE will save Cajon Valley Union School District taxpayers millions of dollars through the use of short-term bonds at today’s low interest rates.

Schools are a prudent investment in our community.

Measure EE will allow us to continue improving our local schools, which real estate experts agree increases home values.

The decision is yours.

By authorizing Measure EE, voters can continue the job of improving our local schools and ensure that we get the best deal possible at the lowest price.

The decision is clear. Vote YES on Measure EE!

/s/

SUZANNE MULLINS
CVUSD Board Trustee 

TAMARA L. OTERO
CVUSD Board President

JO ALEGRIA 
CVUSD Board Trustee 

JILL BARTO
CVUSD Gov Board Member

JUSTIN A. SLAGLE
CVUSD Gov Board Mbr. 

— San Diego County Registrar of Voters

Who supports or opposes this measure?

Yes on Measure EE

Organizations (3)

Elected & Appointed Officials (0)
No on Measure EE
Organizations (0)
Elected & Appointed Officials (0)

More information

News (1)

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