To improve Rescue Union Schools; repair or replace leaky roofs; construct and modernize facilities; update inadequate electrical systems; and make health and safety improvements; shall Rescue Union School District’s measure be adopted authorizing $75,000,000 of bonds at legal interest rates, generating approximately $3.9 million annually for issued bonds through maturity at a rate of approximately three cents per $100 assessed value, with annual audits, citizens’ oversight, no money for salaries and all money for local schools?
3, El Dorado County • 2020 • Measure
Failed
Result: 39.8% yes, 60.2% no (14,338 votes cast)
AI-generated plain-language summary
This measure would have authorized the Rescue Union School District to issue $75 million in bonds to fund facility repairs, modernization, and health and safety improvements, funded through property taxes of approximately three cents per $100 of assessed value. The bonds would have generated approximately $3.9 million annually through maturity, with citizens' oversight and annual audits required.