Fail: 84 / 50.60% Yes votes ...... 82 / 49.40% No votes

See Also: Index of all Measures

(No arguments against Measure H were submitted)

1. The best estimate of the tax which would be required to be levied 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 5.982 cents per $100 ($59.82 per $100,000) of assessed valuation in fiscal year 2006-07.

2. The best estimate of the tax which would be required to be levied 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 5.982 cents per $100 ($59.82 per $100,000) of assessed valuation in fiscal year 2008-09.

3. 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 5.999 cents per $100 ($59.99 per $100,000) of assessed valuation in year 2026-27.

4. The best estimate of the average tax rate which would be required to be levied to fund this bond issue during the life of the bonds, based on estimated assessed valuations available at the time of filing of this statement, is 5.984 cents per $100 ($59.84 per $100,000) of assessed valuation.

Voters should note that the estimated tax rates are based on the ASSESSED VALUE of taxable property on the County's 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 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 the need for construction funds and other factors, including the legal limitations on bonds approved by a 55% vote. 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: February 28, 2006
s/Gay Todd, Ed.D., Superintendent, Marysville Joint Unified School District

• Install/update/replace/repair American Disability Act systems as required by current codes and/or the Division of the State Architect. These systems could include, but not be limited to: accessible ramps to portable classrooms; detectable warning surface on paving edge; install/repair handrails; install/replace signage; install curb ramps; install accessible doors; install/repair accessible restrooms, both student and staff; install/repair accessible drinking fountains; install/repair site asphalt and/or concrete for path of travel, parking and accessibility; field improvements related to restrooms, accessibility and viewing, etc.
• Install/update/replace/repair Fire and Life Safety systems as required by current codes and/or the Division of the State Architect. These systems could include, but not be limited to: Ansul systems; panic door hardware; fire suppression systems; remove unrated space; upgrade existing spaces for fire safety; kitchen and kitchen equipment upgrades, etc.
• Replace/repair roof and roof drainage systems. Replace damaged areas due to dry rot.
• Replace/repair water and sewer systems.
• Upgrade student and staff restrooms to current standards including accessibility.
• Upgrade electrical systems to current standards.
• Replace/repair heating and ventilation systems with new energy efficient systems.
• Replace/repair window systems.
• State approved New Construction and/ or Modernization projects, which could include Charter School facilities, and which will likely generate State matching, or grant funds. The District could proceed with a project(s) to take advantage of additional State funds.
• Install Energy Management Systems, to promote energy efficiency and cost reduction.
• Provide water storage related to Fire Department requirements and/or fire suppression.
• Replace/repair systems necessary for enhanced student, staff, and/or public safety.
• Provide separate bus/parent drop off areas and upgrade parking lots.
• Replace/repair plumbing systems, including repair/removal/replacement of boiler systems.
• Replace/repair interior and exterior lighting systems and controls.
• Replace/repair asphalt paving, including correction of drainage problems. Replace asphalt systems site-wide if necessary.
• Replace/repair play equipment and upgrade fall protection systems.
• Replace/repair library, multi-purpose, athletic, field and/or computer lab facilities.
• Remove underground tanks, remediate soil as required.
• Replace/repair Public Address, Intercom, Clock, Bell, Telephone and/or VOIP systems.
• Replace/repair technology systems necessary for student learning, efficient operations, security, increased capacity and/or processing speed.
• Replace/repair Security/Surveillance systems, add additional systems where needed.
• Repaint interior and/or exterior spaces.
• Replace/repair flooring systems.
• Replace/repair bleacher, press box, restroom and/or concession systems at Lindhurst and/or Marysville High School, including accessibility issues.
• Modernize Science wing at Lindhurst and/or Marysville High School.

MEASURE H: "To improve the quality of education by repairing and modernizing worn-out local schools, such as repairing, upgrading or replacing roofs, heating/air conditioning and plumbing systems; constructing, acquiring, converting, furnishing and equipping school facilities; and to help qualify for State modernization and construction matching funds, shall the Marysville Joint Unified School District issue $37,000,000 of bonds at legal interest rates, with citizens' oversight, independent audits, and no money for administrators' salaries?"

The bond proceeds shall only be used to improve the quality of education by repairing and modernizing worn-out local schools, such as repairing, upgrading or replacing roofs, heating/air conditioning and plumbing systems; constructing, acquiring, converting, furnishing and equipping school facilities; and to help qualify for State modernization and construction matching funds, or any other purpose.

Approval of the District's bond measure does not guarantee that the projects that are the subject of the measure will be funded beyond the local revenues generated by the bond measure. The District's proposed projects may assume the receipt of state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

Additionally, the District Board of Trustees will appoint a citizen's oversight committee (the "Committee") having a minimum of seven members and including at least one member active in a business organization representing the business community located within the District, one member active in a senior citizens' organization, one member active in a bona fide taxpayers' organization, one member the parent or guardian of a child enrolled in the District, and one member both a parent or guardian of a child enrolled in the District and active in a parent-teacher organization.

The District will deposit the proceeds of the bonds in a separate account. The Board is bound to conduct financial and performance audits annually to account for the bond funds and to assure that funds have only been expended on the specific projects authorized.

STATE MATCHING FUNDS
Approval of the District's bond measure does not guarantee that the projects that are the subject of the measure will be funded beyond the local revenues generated by the bond measure. The District's proposed projects may assume the receipt of state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.