Under a no-tax-rate-increase-financing-plan, shall Vallecito Union School District's measure to remove asbestos from school buildings, repair dry rot damage, and renovate the track and field at Avery Middle School by authorizing $2. 8 million in bonds be adopted with an estimated levy for these bonds of less than one cent per $100 of assessed valuation averaging $252,000 raised per year anticipated through 2036, at legal rates, with annual audits and independent citizen oversight?
3, Calaveras County • 2020 • Measure
Passed
Result: 65.2% yes, 34.8% no (6,032 votes cast)
AI-generated plain-language summary
This measure authorizes the Vallecito Union School District to issue $2.8 million in bonds to remove asbestos from school buildings, repair dry rot damage, and renovate the track and field at Avery Middle School. The bonds would be repaid through property taxes at an estimated rate of less than one cent per $100 of assessed valuation, raising approximately $252,000 annually through 2036.