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of education with funding that cannot be taken by the State; repair or replace leaky roofs; and modernize/renovate outdated classrooms, restrooms and school facilities; shall the Fortuna Elementary School District issue $10,000,000 of bonds at legal rates, generating on average $645,000 annually through approximately 2053 for issued bonds from levies of approximately 3 cents per $100 assessed value, with annual audits, independent citizens’ oversight, NO money for salaries and all money for local schools?
3, Humboldt County • 2018 • M
Passed
Result: 55.5% yes, 44.5% no (1,685 votes cast)
AI-generated plain-language summary
This measure authorized the Fortuna Elementary School District to issue $10 million in bonds to repair roofs and modernize classrooms, restrooms, and other school facilities. The bonds would be repaid through property tax levies of approximately 3 cents per $100 of assessed value, generating an average of $645,000 annually through approximately 2053.