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November 6, 2018 — California General Election
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Special District

El Segundo Unified School District
Measure ES - 55% Approval Required

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

4,899 votes yes (63.32%)

2,838 votes no (36.68%)

100% of precincts reporting (8/8).

To upgrade classrooms, science labs, libraries, career training facilities and instructional technology to support student achievement in science, technology, engineering, arts and math, improve student safety, acquire, construct/repair classrooms, facilities, sites/equipment, repair roofs, plumbing/electrical systems, shall this El Segundo Unified School District measure authorizing $92,000,000 in bonds at legal rates, levying 4.3 cents/$100 assessed value, $5,500,000 annually while bonds are outstanding, be adopted, with independent oversight, no money for administrator salaries, all money staying local?

What is this proposal?

Measure Details — Official information about this measure

Impartial analysis / Proposal

Mary C. Wickham, County Counsel

Approval of Measure ES (“Measure”) would authorize the Board of Education (“Board”) of the El Segundo Unified School District (“District”), which placed the Measure on the ballot by Resolution No. 01/2018-19, to issue general obligation bonds in an amount not to exceed $92,000,000.

Proceeds from the sale of the bonds authorized by the Measure shall be used only for the purposes specified in the Measure, including, but not limited to, repairing or replacing roofs, plumbing, and electrical systems; constructing and upgrading classrooms, science and engineering labs, career-training facilities, computer systems, and instructional technology; upgrading facilities and equipment for instruction in music, visual and performing arts, math, science, engineering, and technology; improving accessibility for students with disabilities; upgrading heating, ventilation, doors, and windows to increase energy efficiency; upgrading and/or replacing fencing, access, locks, security cameras, emergency-communication systems, smoke detectors, fire alarms, and sprinklers; updating playground equipment, play areas, gyms, and athletic fields to meet health-and-safety standards. Bond proceeds may be used to pay or reimburse the District for the cost of staff performing work on, or necessary or incidental to, bond projects. Bond proceeds may not be expended on teacher or administrator salaries or other operating expenses.

The Board shall cause independent performance and financial audits to be conducted annually to ensure that bond proceeds are spent only for the projects identified in the Measure. The Board shall appoint an independent Citizens’ Oversight Committee under Education Code section 15278 et seq., no later than 60 days after the Board enters the election results in its minutes, to ensure that bond proceeds are spent as specified in the Measure and as provided by law. The Board shall deposit bond proceeds in a special account and comply with statutory reporting requirements.

Bonds shall be issued under Education Code section 15264 et seq. and/or Government Code section 53506 et seq. The maximum rate of interest on any bond shall not exceed the legal limit. Bonds may be issued in multiple series. According to the District’s Tax Rate Statement, the best estimate of the average tax rate required to fund the bonds, based on assessed valuations available when the District filed the statement, is $43 per $100,000 of assessed valuation. The best estimate of the highest tax rate required to fund the bonds is the same as the average tax rate. The final fiscal year the tax is estimated to be collected is 2053-54. The estimated total debt service required to be repaid if all bonds are issued and sold is $193,428,000, including principal and interest. Estimated tax rates are based on the assessed value of taxable property on the official tax rolls, not on a property’s market value.

This Measure requires a fifty-five percent (55%) vote for passage.

Tax rate

An election will be held in the El Segundo Unified School District (the “District”) on November 6, 2018, to authorize the sale of up to $92,000,000 in bonds of the District to finance school facilities as described in the proposition. If the bonds are approved, the District expects to issue the bonds in multiple series over time. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400 through 9405 of the California Elections Code.

1. The best estimate of the average annual tax rate that would be required to be levied to fund this bond issue over the entire duration of the bond debt service, based on assessed valuations available at the time of filing of this statement, is 4.3 cents per $100 ($43.00 per $100,000) of assessed valuation. The final fiscal year in which the tax to be levied to fund this bond issue is anticipated to be collected is fiscal year 2053-54.

2. The best estimate of the highest tax rate that 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 4.3 cents per $100 ($43.00 per $100,000) of assessed valuation in fiscal year 2019-20.

3. The best estimate of the total debt service, including the principal and interest, that would be required to be repaid if all of the bonds are issued and sold is approximately $193,428,000.
Voters should note that the estimated tax rate is based on the ASSESSED VALUE of taxable property on the County of Los Angeles 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, debt service 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 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.

MELISSA MOORE, Ed. D.
Superintendent
El Segundo Unified School District

Published Arguments — Arguments for and against the ballot measure

Arguments FOR

VOTE YES on Measure ES to protect the outstanding quality of public education in our six El Segundo schools: Eagles’ Nest Preschool, Center Street School, Richmond Street School, El Segundo Middle School, Arena High School, and El Segundo High School.

Our schools were built 50-90 years ago. While we have worked hard to maintain our school facilities, it is time to invest in significant repairs and upgrades to support teaching and learning in core subjects like science, technology, engineering, fine arts, and math to ensure students’ success in college and in-demand careers.

Measure ES is the result of two years of extensive work to develop a detailed plan to address El Segundo Unified School District’s most critical facility needs. No other funding currently exists to appropriately upgrade these facilities.

Measure ES will:
- Improve student safety and campus security systems.
- Repair and replace deteriorating roofs, plumbing, and electrical systems.
- Provide facilities and technology needed to support high-quality instruction in core subjects.
- Upgrade science labs, engineering labs, and career technical education facilities.
- Create flexible multi-use classrooms to support hands-on instruction.

Measure ES requires significant taxpayer protections to ensure funds are spent wisely and according to plan.

In addition, all funds MUST stay local, benefitting only El Segundo Unified School District schools. By law, these funds CAN’T be taken by the State.

No Measure ES funds are allowed for administrators’ salaries or pensions. To ensure accountability, Measure ES requires a detailed project list, rigorous independent citizens’ oversight, and mandatory independent audits and public reports.

Whether you have school-age children or not, protecting the quality of local public education is a wise investment in our future. Our El Segundo Unified School District public schools must remain competitive to protect our property values and keep our community strong.

Please join teachers, parents, business leaders, civic leaders, seniors, and residents in every neighborhood of El Segundo who are VOTING YES on ES to ensure safe, modern, excellent schools for years to come.

VOTE YES on ES. www.YesForElSegundoSchools.com

EMILEE LAYNE
El Segundo USD School Board President

AL KEAHI
Economic Development Advisory Council Chairperson

MELISSA MCCAVERTY
Parent, PTA Council President, Mom’s Club Member

SCOT NICOL
Council Member, Business Owner, ESHS Graduate, Parent

PETER CHARLAND
40 Year El Segundo Resident

Arguments AGAINST

NO ARGUMENT AGAINST THIS MEASURE WAS SUBMITTED

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