To improve the quality of education at local schools, shall Franklin-McKinley School District acquire / construct / modernize / repair classrooms, infrastructure, facilities, and fields improving all student access, including those with disabilities, to modern facilities, technology, teaching, and safety improvements, by issuing $80,000,000 of bonds at legal interest rates, raising approximately $5.2 million annually through 2050 at rates of approximately 3 cents per $100 assessed value, with annual audits, citizens' oversight, and No money taken by the State?
3, Santa Clara County • 2020 • Measure
Passed
Result: 65.7% yes, 34.3% no (14,590 votes cast)
AI-generated plain-language summary
The measure authorized the Franklin-McKinley School District to issue $80 million in bonds to acquire, construct, modernize, and repair school facilities, classrooms, infrastructure, and fields. The bonds would be repaid through property tax assessments of approximately 3 cents per $100 of assessed value, raising about $5.2 million annually through 2050.