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CUSD Board of Trustees Vote to Place Bond Measure Before District Voters in November

SFID Bond Measure will provide up to $889 Million to Fund Needed School Repairs & Upgrades

 
SAN JUAN CAPISTRANO, CA – During the Capistrano Unified School District (CUSD) Board of Trustees regular meeting on August 10, 2016, the Board voted 6-1 to place a School Facility Improvement District (SFID) bond measure before voters on the November 8, 2016 ballot that removes from the voting area the community of Rancho Mission Viejo, the newest community in CUSD that will not have a school until the Fall of 2018. 


If approved by the voters, the measure would provide up to $889 million to fund critical repairs and upgrades, upgrade classroom technology infrastructure and create classrooms that support 21st Century learning. The bond would be paid by property taxes estimated to not exceed $43 per each $100,000 of assessed valuation (not market value) of property for the life of the bond program. Each bond issuance is anticipated to be 25 years, and bonds are planned to be issued over a ten year period.

 
“We believe that the success of our students is reliant upon our ability to provide a safe and healthy learning environment that also reflects twenty-first century learning,” said CUSD President Amy Hanacek. “While our staff and teachers ensure that each of our schools are kept clean and secure, 70 percent of our classrooms were built over 20 years ago and are in need of modernization and upgrades.”

 
The funding will also help ensure CUSD remains one of the top school districts in California with state of the art innovations through upgraded classrooms, science labs and vocational training rooms that improve student learning and achievement. These investments will allow the District to continue providing students with the career and technical knowledge to compete for tomorrow’s high-paying jobs.

  
If approved, the bond measure could put this District in line to receive up to $229 million in state matching funds, pending approval of the statewide facilities bond (Proposition 51) in November.

 
All money generated from the bond measure will be spent only on repairs, upgrades, and improving classroom technology infrastructure. No money from this measure will go to any employee salary or benefit including teacher or administration pensions, as legally required.

 

The bond also includes accountability measures that go beyond what is required. In addition to the Independent Citizens’ Oversight Committee, we are also forming a School Facilities and Finance Advisory Committee and School Family Regional Committees to provide input, advice and recommendations on school facilities and finance.  

 

 “For more than 50 years, CUSD students have been prepared to meet the challenges of a rapidly changing world due in large part to the high-caliber education they receive that builds and strengthens the skills needed to excel in their careers. We believe that making these investments in our students secures the future of our communities by strengthening our future leaders, our local economy and workforce,” added Hanacek. 
To view specific school site plans and projects or for additional information, please visit our Facilities and Finance page located on our website.  

 

About: For more information about CUSD, our unwavering commitment to student success, the Community Committee on School Classrooms and Campus Facilities, and how we will meet the challenges of tomorrow, please contact our Chief Communications Officer, Ryan Burris, at (949) 234-9427.   

Posted by: CUSD Webmaster, District Admin, Capistrano Unified School District Published:8/12/16
Audience: Elementary School News Group, High School News Group, K-8 Schools News Group and Middle School News Group


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Rich Montgomery, Executive Director, Human Resource Services/Compliance
33122 Valle Road, San Juan Capistrano, CA 92675
(949) 234-9200

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