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Meeting Date:
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7/23/2018 - 10:00 AM
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Category:
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Business/Action Items
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Type:
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Action
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Subject:
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4.1 Resolution No. 18/19-1: Potential New General Obligation Bond Funding Measure
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LCAP (Local Control Accountability Plan) Goal:
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Goal 1: All students will receive a high quality education in a safe and welcoming environment with equitable and high expectations, access to technology, and instruction in the California State Standards that prepare them for college and career.
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Enclosure
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Resolution No. 18_19_1 Bond Election Resolution
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File Attachment:
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Summary:
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At the Board Meeting on June 25, 2018, staff presented for information, a potential new general obligation bond funding measure for the November 6, 2018, ballot. This measure may provide $150 million to upgrade our schools and would be repaid from property taxes which are estimated to cost approximately $19.35 per $100,000 of assessed value, (not market value) per year. Bond proceeds would support repairing and improving schools in our community in accordance with the project list contained in the ballot measure.
This local measure may:
• Improve student safety and campus security
• Expand vocational and career technical education classrooms
• Upgrade computers and engineering classrooms
• Improve technology and science in classrooms
• Upgrade fire alarm and emergency communications systems
• Repair and replace aging roofs, and outdated plumbing and electrical wiring
We are in the process of soliciting feedback from the community on priorities as well as completing a district wide facility plan.
A potential measure would include the following strict fiscal accountability provisions:
• All funding would stay in MDUSD schools and be controlled locally
• Independent citizens’ oversight and reports to the community would be required to ensure funds are spent as promised
• Funds are not used to pay salaries, benefits or pensions for administrators, teachers or other school employees, or to pay other school operating expenses
In order to place a Proposition 39 bond measure on the ballot, the board must approve (by at least a 2/3 vote) a board resolution to call for the bond election. The board resolution incorporates complete ballot measure language, a bond project list, some required findings, a ballot measure summary, and a Tax Rate Statement. The resolution also requests the County to consolidate the election with other elections being held in the County on the election date, and to provide all required election services. The final resolution is being presented to the Board of Education for approval. A staff presentation will be provided during this meeting. Staff is recommending approval of Resolution No. 18/19-1.
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Funding:
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N/A
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Fiscal Impact
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N/A
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Recommendation:
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Decision of the Board of Education.
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Approvals:
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Recommended By:
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Signed By:
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Rose Ramos - Chief Business Officer
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Signed By:
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Dr. Nellie Meyer - Superintendent
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Vote Results:
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| New Motion | | Member Joanne Durkee Moved, Member Linda Mayo seconded to approve the New motion 'Approve Resolution No. 18/19-1: Resolution of the Board of Education of the Mt. Diablo Unified School District Ordering an Election to Authorize the Issuance of School Bonds, Establishing Specifications of the Election Order, and Requesting Consolidation with Other Elections Occurring on November 6, 2018, with amendments noted. '. Upon a Roll-Call Vote being taken, the vote was: Aye: 4 Nay: 0. | | The motion Carried 4 - 0 | | | | | Linda Mayo | Yes | | Joanne Durkee | Yes | | Cheryl Hansen | Yes | | Debra Mason | Yes | |
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