Without increasing future tax rates, shall the measure to repair classrooms, facilities and labs at American River, Cosumnes River, El Dorado, Folsom Lake and Sacramento City campuses for job training, nursing/ healthcare, engineering/ science and fire/ police programs, by Los Rios Community College District to authorize $650 million of bonds be adopted with legal rates, raising an average $52 million per year until repaid, an average tax levy less than $0.02 per $100 assessed valuation, annual audits and taxpayer oversight?
3, Placer County • 2020 • Measure
Failed
Result: 20.8% yes, 79.2% no (154 votes cast)
AI-generated plain-language summary
The measure would have authorized the Los Rios Community College District to issue $650 million in bonds to repair classrooms, facilities and labs at five campuses for various job training and professional programs. The bonds would have been repaid through property taxes at an average rate of less than $0.02 per $100 of assessed valuation, raising approximately $52 million annually until repaid.