Measure U—Menlo Park City School District

Measure U—Menlo Park City School District

Menlo Park City School District – Bond Measure

 

Vote411.org

 

Ballot Question

To upgrade Encinal, Laurel, Oak Knoll, and Hillview Schools, improve campus security, upgrade seismic safety, replace/repair aging buildings, acquire classroom air conditioning, and modernize learning technology, shall Menlo Park City School District's measure authorizing $123.6 million in bonds at legal rates be adopted, levying approximately $18.60 per $100,000 of assessed value (raising $8.5 million annually) while bonds are outstanding, with annual audits, citizen oversight committee, no money for administrators, and all funds benefiting local public schools?

Type of Measure

Bond Measure

Explanation

This measure would authorize the School District to issue and sell bonds of up to $123.6 million to fund facilities projects on the Bond Project List, such as alarm systems, battery power systems, seismic upgrades, new classrooms at the Laurel Lower campus, and solar system expansion.

The tax rate needed to service the debt on these bonds is estimated to be $18.60 per $100,000 of assessed valuation and is expected to last until June 2055.

No funds would be used for teacher or administrator salaries.

A Citizens’ Oversight Committee will be formed to review the use of the funds, and an annual audit report will document the use of the funds.

Voting YES supports the school bond

Voting NO opposes the school bond 

55% voter approval is needed to pass this bond measure

Arguments in Favor

The Bond is needed to raise money for building upgrades, security systems, air conditioning, and improved technology.

The Bond will qualify the District for additional government grant funding to leverage local dollars.

The funds will be used locally and overseen by an Independent Citizens’ Oversight Committee.

Support

www.safeschools4mp.org 

State Senator Josh Becker, Assemblymembers Marc Berman, Diane Papan

San Mateo County Superintendent of Schools Nancy Magee

Menlo Park Councilmembers Drew Combs, Jen Wolosin

MPCSD Board Member Francesca Segre

Ali El Safy, Christopher Koranda, Teresa Kwon, Liliana Perazich

Arguments Against

www.svtaxpayers.org 

Endless rounds of bond sales by school districts are not the answer to improving education. Government bonds should not be used to pay for school buildings because the government should not build and run schools. Private alternatives, including homeschooling, can do a better job for our children at a lower average cost.

Opposition

Silicon Valley Taxpayers Association, Mark Hinkle