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Smart Voter
Marin County, CA November 5, 2013 Election
Measure A
School Improvement Bonds
Lagunitas School District
55% Approval Required
Preliminary Results

Pass: 754 / 68.98% Yes votes ...... 339 / 31.02% No votes

See Also: Index of all Measures
Results as of Nov 22 12:57pm, 100.0% of Precincts Reporting (2/2)
41.7% Voter Turnout (1107/
Information shown below: Impartial Analysis | Tax Rate Statement |

To modernize learning environments, classrooms and libraries; renovate outdated school facilities improve energy efficiency; enhance student access to technology; make health and safety renovations; upgrade playgrounds and playfields; and replace outdated windows and heating, ventilation, and air-conditioning systems, shall the Lagunitas School District issue $5,000,000 of bonds at legal interest rates, have an independent citizens' oversight committee and have no bond money taken by the state or used for teacher or administrator salaries?

Impartial Analysis from County Council's Impartial Analysis of Measure A
If this Measure is approved by 55% of the vote, the Lagunitas Elementary School District will be authorized to incur bonded indebtedness of Five million dollars ($5,000,000). The proceeds of the proposed bonds must be used for the purposes set forth in the Masure and for no other purposes, and will be subject to oversight by a citizens' oversight committee and annual independent audits to assure that the funds are spent only for the school facilities projects listed in the Measure.

s/STEVEN M. WOODSIDE County Cousel

  
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Tax Rate Statement from Tax Rate Statement for Measure A
An election will be held in the Lagunitas School District (the "District") on November 5, 2013 to authorize the sale of $5,000,000 in general obligation bonds. The following information is submitted in compliance with Sections 9400-9404 of the California Elections Code. The best estimate of the tax rate that would be required to fund this bond issue during the firrst 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 $.0300 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2014-15. The best estimate of the tax rate that would be required 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 $.0300 per $100 ($30.00 per $100,000) of assessed valuation in fiscal year 2018-19. The best estimate of the highest tax rate that would be required to fund this bond issue, based on estimated assessed valuations available at the time of filing this statement, is $.0300 per $100 ($30.00 per $100,000) of assessed valuation. These estimates are based on projections derived from information obtained from financial sources. The actual tax rates and the years in which they will apply may vary depending on the timing of bond sales, the amount of bonds sold at each sale and actual increases in assessed valuations. The timing of the bond sales and the amount of bonds sold at any given time will be determined by the needs of the District. Actual assessed valuations will depend upon the amount and value of taxable property within the District as determined in the assessment and the equalization process.

Dated: Aug. 2, 2013
s/LARRY ENOS Superintendent Lagunitas School District

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Created: January 15, 2014 17:14 PST
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