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November 6, 2018 — California General Election

— School Bond —

Special District

Baldwin Park Unified School District
Measure AE - 55% Approval Required

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Election Results

Passed

10,395 votes yes (78.89%)

2,782 votes no (21.11%)

  • 100% of precincts reporting (35/35).

To upgrade classrooms, labs, career training facilities to prepare students for college/careers in math, science, technology, engineering, skilled trades/arts; improve school safety; acquire, construct/repair classrooms, facilities, sites/equipment; repair roofs, plumbing/electrical systems; shall Baldwin Park Unified School District's measure authorizing $69,000,000 in bonds at legal rates, levying 6 cents/$100 assessed value, averaging $4,200,00 annually while bonds are outstanding, be adopted, with citizen oversight, all money locally controlled?

Impartial analysis / Proposal

Approval of Measure AE (“Measure”) would authorize the Board of Education (“Board”) of the Baldwin Park Unified School District (“District”), which placed the Measure on the ballot by Resolution No. 3, 2018-2019, to issue general obligation bonds in an amount not to exceed $69,000,000.

Proceeds from the sale of the bonds authorized by the Measure shall be used only for the purposes specified in the measure, including, but not limited to: repairing/replacing roofs, plumbing and electrical systems; updating facilities, technology, and classrooms for math, science, engineering, and labs; upgrading facilities for music, visual, and performing arts; improving access for disabled students; replacing heating, cooling, lighting, and water systems; replacing aging classrooms; installing campus security systems, including fencing, secured entry, door locks, security cameras, emergency communications systems, smoke detectors, fire alarms, and sprinklers; and removing hazardous materials. Bond proceeds may be used to pay or reimburse the District for the cost of District staff when performing work on, or necessary or incidental to, bond projects. Bond proceeds may not be expended on teacher or administrator salaries or other operating expenses.

The Board shall cause independent performance and financial audits to be conducted annually to ensure that bond proceeds are spent only for the projects identified in the Measure. The Board shall appoint an independent Citizens’ Oversight Committee under Education Code section 15278 et seq., no later than 60 days after the Board enters the election results in its minutes, 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 under Education Code section 15264 et seq. or Government Code section 53506. The bonds shall not exceed the maximum interest rate or maturity as allowed by the law. According to the District’s Tax Rate Statement, the best estimate of the average tax rate required to fund the bonds, based on assessed valuations available when the District filed the statement, is $60 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 2052-53. The estimated total debt service to be repaid if all bonds are issued and sold is $144,235,300, including principal and interest. Estimated tax rates are based on the assessed value of taxable property on the official tax rolls, not on a property’s market value.

This Measure requires a fifty-five percent (55%) vote for passage.

Tax rate

An election will be held in the Baldwin Park Unified School District (the “District”) on November 6, 2018, to authorize the sale of up to $69,000,000 in bonds of the District to finance school facilities as described in the proposition. If the bonds are approved, the District expects to issue the bonds in multiple series over time. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400 through 9405 of the California Elections Code.

1. The best estimate of the average annual tax rate that would be required to be levied to fund this bond issue over the entire duration of the bond debt service, based on assessed valuations available at the time of filing of this statement, is 6 cents per $100 ($60.00 per $100,000) of assessed valuation. The final fiscal year in which the tax to be levied to fund this bond issue is anticipated to be collected is fiscal year 2052-53.

2. The best estimate of the highest tax rate that 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 6 cents per $100 ($60.00 per $100,000) of assessed valuation in fiscal year 2019-20.

3. 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 approximately $144,235,300.

Voters should note that the estimated tax rate is based on the ASSESSED VALUE of taxable property on the County of Los Angeles official tax rolls, not on the property’s market value. Property owners should consult their own property tax bills 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 District’s projections and estimates only, which are not binding upon the District. The actual tax rates, debt service and the years in which they will apply 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 District based on need for construction funds and other factors. 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 District as determined by the County Assessor in the annual assessment and the equalization process.

FROILAN N. MENDOZA, Ed.D.
Superintendent
Baldwin Park Unified School District

Arguments FOR

Vote YES on Measure AE to support our local students and protect quality education in Baldwin Park Unified schools.

If we want our children to succeed in college and careers, they must be skilled in the use of today’s technologies and have a solid background in science, math, engineering and technology.

However, most Baldwin Park Unified schools were built more than 50 years ago and need upgrades and critical repairs to meet today’s academic and safety standards.

Your YES vote on Measure AE will ensure safe, up-to-date local schools.

Baldwin Park students deserve the same educational opportunities as other students in the region. Measure AE will upgrade our schools, facilities and classroom technology to keep pace with newer schools in other top-performing districts.

Vote YES on Measure AE:
- Provide modern labs and career technical education facilities so students are prepared for college and in-demand careers in fields like health sciences, engineering, technology and skilled trades
- Improve student safety and campus security, emergency communications and fire safety systems
- Repair and upgrade aging classrooms and school facilities including deteriorating roofs, plumbing and electrical systems
- Provide the classrooms, labs and technology needed to support high-quality instruction in math, science, engineering and technology
- Remove hazardous materials like asbestos and lead paint from older school sites
- Improve access to school facilities for students with disabilities

Measure AE Includes Strict Fiscal Accountability:
- A project list detailing exactly how the money will be used, a Citizens’ Oversight Committee and independent audits will ensure funds are spent properly.
- All money raised by Measure AE will stay local to support our students. It cannot be taken by the State or used for other purposes.

Even if you don’t have school-age children, supporting Measure AE is a wise investment. Good schools improve our quality of life and our property values.

Join parents, teachers, business and community leaders in voting YES on Measure AE!

JACK WHITE
Veteran, Retired Police Commander, Former Baldwin Park Mayor and School Board Member, Life-long Baldwin Park Resident

CHRISTINA LUCERO
Board Member and Former President, Baldwin Park Unified School District

MARGARITA VARGAS
Board Member of the Valley County Water District, Former School Community Liaison, Baldwin Park Unified School District

TRACY M. AGUIRRE
Treasurer, Baldwin Park Business Association and Local Business Owner

LEONARDO QUEZADA AVILA
Parent Leader, Baldwin Park Unified School District

Arguments AGAINST

NO ARGUMENT AGAINST THIS MEASURE WAS SUBMITTED

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