To improve the quality of education with funding that cannot be taken by the State; repair or replace leaky roofs; and modernize/renovate outdated classrooms, restrooms and school facilities; shall Monroe Elementary School District issue $1,000,000 of bonds at legal interest rates, generating on average $69,000 annually for issued bonds through maturity from levies of approximately $0.03 per $100 assessed value, with annual audits, independent citizens' oversight committee, NO money for salaries and all money for local schools?
3, Fresno County • 2018 • M
Passed
Result: 75.6% yes, 24.4% no (217 votes cast)
AI-generated plain-language summary
This measure authorized the Monroe Elementary School District to issue $1,000,000 in general obligation bonds to repair roofs and modernize classrooms, restrooms, and other school facilities. The bonds would be repaid through property tax levies of approximately $0.03 per $100 of assessed value and include oversight requirements.