Voter’s Edge California
Get the facts before you vote.
Voter’s Edge California
Go to top
Brought to you by
MapLight
League of Women Voters of California Education Fund
KQED’s 2016 Voter Guide@KQEDnews
June 7, 2016 — California Primary Election
Ballot and voting information for Alameda County.
This is an archive of a past election.

School Improvement Bond of 2016Bond Measure

Special District
June 7, 2016California Primary Election

Castro Valley Unified School District
Measure G Bond Measure - 55% Approval Required

Share This Page

To learn more about measures, follow the links for each tab in this section. For most screenreaders, you can hit Return or Enter to enter a tab and read the content within.

Election Results

Passed

9,179 votes yes (69.15%)

4,095 votes no (30.85%)

  • 100% of precincts reporting (74/74).

To upgrade and repair aging classrooms at local schools; improve school safety and security; expand classroom space for 21st-century education; update science labs and learning technology; improve access for students with disabilities; and renovate, construct, and acquire classrooms, sites, equipment and facilities; shall Castro Valley Unified School District issue $123 million in bonds at legal rates, with independent citizen oversight, annual audits, and no money taken by the State or used for administrators' salaries?

Summary

A yes vote is a vote in favor of authorizing the district to increase its debt by up to $123 million through issuing general obligation bonds in that amount.

A no vote is a vote against issuing $123 million in bonds.

District officials estimated the average property tax rate required to repay these bonds at about $60 per $100,000 of the assessed property value. District officials also estimated that the total cost of these bonds, principal and interest, at about $209,100,000, resulting in a little over $86 million in interest payments.[1]

 

A 55 percent supermajority vote is required for the approval of Measure G. 

— Alameda County Elections Office

Impartial analysis / Proposal

Measure G, a Castro Valley Unified School District (“District”) bond measure, seeks voter approval to authorize the District to issue one hundred twenty-three million dollars ($123,000,000.00) of bonds at legal rates. The primary purpose of the bonds is to finance school facilities projects as specified in the measure.

Pursuant to California Constitution Section 18 of Article XVI and Section 1 of Article XIIIA and California Education Code Section 15274, this measure will become effective upon the affirmative vote of at least 55% of the qualified electors voting on this measure.

California Education Code Section 15100 restricts the use of the proceeds from the bonds sale to items such as building school buildings, improving school grounds, supplying school buildings and grounds with equipment, and the acquisition of real property for school facilities. In addition, proceeds may only be used for the projects listed in the measure. This measure provides that its proceeds will fund projects outlined in the measure (reproduced in the sample ballot pamphlet) that include, but are not limited to: updating science labs, improving school safety and security, and improving access for students with disabilities. Proceeds may not be used for any other purpose, such as administrator salaries.

If 55% of those who vote on the measure vote “yes”, the District will be authorized to issue bonds in the amount of one hundred twenty-three million dollars ($123,000,000.00). Approval of this measure will authorize a levy on the assessed value of taxable property within the District by an amount needed to pay the principal and interest on these bonds in each year that the bonds are outstanding.

The Tax Rate Statement for Measure G in this sample ballot pamphlet reflects the District’s best estimates, based upon currently available data and projections, of the property tax rates required to service the bonds. The best estimate of the tax rate required to be levied to fund the bonds is 6 cents per $100.00 of assessed valuation, or $60.00 per $100,000.00 of assessed valuation. That estimate applies during the first fiscal year (2016-2017) after the sale of the first series of bonds, during the first fiscal year (2020-2021) after the sale of the last series of bonds, and at the highest tax rate. The best estimate of the total debt service, including principal and interest, that would be required to be repaid if all of the bonds are issued and sold is $209,100,000.00.

The Board of Education (“Board”) will establish an independent citizens’ oversight committee to ensure that bond proceeds are spent for the projects listed in the measure. The Board will conduct annual, independent performance and financial audits.

If 55% of those voting on this measure do not vote for approval, the measure will fail and the District will not be authorized to issue the bonds.

This measure is placed on the ballot by the governing board of the District. [2]

— Alameda County Counsel

Financial effect

District officials estimated the average property tax rate required to repay these bonds at about $60 per $100,000 of the assessed property value. District officials also estimated that the total cost of these bonds, principal and interest, at about $209,100,000, resulting in a little over $86 million in interest payments.

— Alameda County Elections Office

YES vote means

A yes vote is a vote in favor of authorizing the district to increase its debt by up to $123 million through issuing general obligation bonds in that amount.

NO vote means

A note vote is a vote against issuing $123 million in bonds.

Use tabs to select your choice. Use return to create a choice. You can access your list by navigating to 'My List'.

On your actual ballot, you can vote 'yes' or 'no' on this measure.

Please share this site to help others research their voting choices.

PUBLISHING:PRODUCTION SERVER:PRODUCTION