Fail: 2,828 / 66.0% Yes votes ...... 1,456 / 34.0% No votes
   2268 (67.1%) Yes / 1112 (32.9%) No in Fresno County
   124 (55.61%) Yes / 99 (44.39%) No in Kings County
   436 (64.02%) Yes / 245 (35.98%) No in Tulare County

See Also: Index of all Measures

s/ Dennis A. Marshall County Counsel

Kingsburg Joint Union High School District has a tradition of not only serving its students, but the community at large. In order to provide for our students and upgrade the areas on campus used for community recreational purposes we need your support for Measure K.

Passage of Measure K will:

Extend the length of the current General Obligation Bond.

Replace lighting, upgrade seating and add an all weather track to the football stadium.

Upgrade and light the softball fields.

Upgrade other athletic fields.

Provide additional parking and landscape beautification throughout the campus.

Upgrade the Little Theater facility.

Passage of Measure K will NOT:

Increase the current tax rate paid by the local community members.

All proceeds of Measure K will be used locally and go directly to benefit the students and community of the Kingsburg Joint Union High School District. Measure K has lasting and positive benefits for students and recreational groups in our community.

Measure K will not increase the current tax rate paid by the local community members. We urge you to vote yes on Measure K.

s/ Linda E. Clark Superintendent/Principal

(No arguments against Measure K were submitted)

The best estimate of the tax which would be required to be levied to fund this bond issue during the first fiscal year that taxes would be levied after the sale of the first series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.00370 per $100 ($3.70 per $100,000) of assessed valuation in fiscal year 2007-08.

The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first fiscal year that taxes would be levied after the sale of the last series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.00370 per $100 ($3.70 per $100,000) of assessed valuation in fiscal year 2007-08.

The best estimate of the highest tax rate which 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 $0.06008 per $100 ($60.08 per $100,000) of assessed valuation in fiscal year 2023-24.

Based on the tax rates estimated above, the average annual tax over the life of the bonds would be $29.51 for $100,000 of assessed valuation. The combined average annual tax for these bonds and the District's outstanding bonds approved by voters on June 2, 1998, is expected to be no higher than $69.90 for $100,000 of assessed valuation, the average annual tax estimated for the bonds approved on June 2, 1998.

Voters should note that these estimated tax rates are based on the assessed value of taxable property in the District as shown on the official tax rolls of the respective counties, not on the property's market value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective tax rate than described above. Certain taxpayers may also be eligible to postpone the payment of taxes. Property owners should consult their own property tax bills and tax advisors to determine their property's assessed value and any applicable tax exemptions.

The actual tax rates 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 estimates are based upon the District's projections and are not binding upon the District. The dates of sale and the amount of bonds sold at any given time will be determined by the District based on the 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.

Dated: July 29, 2005

s/ Linda E. Clark Superintendent Kingsburg Joint Union High School District

INTRODUCTION

To raise money for improvement projects at Kingsburg High School, including Football Bowl upgrades and improvements; Old Gym upgrades and improvements; added parking; landscape beautification; softball field upgrades and improvements, upgrades and improvements on other athletic fields; and Little Theater upgrades and improvements, shall Kingsburg Joint Union High School District issue and sell up to $7,000,000 of bonds at not to exceed the maximum legal interest rate?

PROJECTS TO BE FUNDED FROM BOND PROCEEDS

The athletic and Little Theater facilities on the Kingsburg High School campus are in need of upgrades and improvements in order to better serve both the students and the greater Kingsburg community. The High School's facilities have always been widely used by Kingsburg's families, service organizations and community groups. This has truly been a wonderful partnership with the community to enhance recreational opportunities using our facilities. The athletic facilities serve as a true community center for; service club youth, adult sports leagues and recreational sports activities, while the Little Theater continues to be used for both school and community presentations. To better meet the needs of both the High School's students and the community, the School District has consulted with school staff and the community and identified the following projects as being the most needed at this time:

Football Bowl upgrades and improvements This project includes, but is not limited to, construction of an all weather track, new stadium seating, and new lights for the stadium.

Old Gym upgrades and improvements This project includes, but is not limited to, a new floor, modernized locker room and bathroom area, and ventilation system improvements.

New Parking, landscaping, and outdoor eating areas This project includes, but is not limited to, the construction of additional parking spaces on the campus, covered outdoor eating areas for students, and new and upgraded campus landscaping.

Softball, soccer and baseball field improvements This project includes, but is not limited to, the construction of lights for the softball field, improved parking, and general improvements on other athletic fields.

Little Theater facility upgrade and improvements This project includes, but is not limited to, the upgrading of seating, sound, and lighting systems.

ACCOUNTABILITY MEASURES If the bonds are approved, the Board of Trustees pledges that it will implement the following accountability measures that are over and above the requirements of State law:

(a) Use the bond proceeds only for the purposes of construction and improvement of school facilities as specifically set forth above, which may include the building or purchasing of school buildings, the making of alterations or additions to the school building or buildings other than as may be necessary for current maintenance, operation, or repairs, the supplying of school buildings and grounds with furniture equipment, or necessary apparatus of a permanent nature, or the permanent improvement of the school grounds, all as authorized by law;

(b) Provide continual reports to the community, through Board meetings, the Community Bond Committee, and other forums, regarding plans for and progress in the construction of the school facilities projects listed above, including both financial and performance information.

This measure has been designed as a continuation of the School District's 1998 bond measure tax override and so would extend but not increase the property taxes already being paid by the District's taxpayers.