Without raising current tax rates and to repair deteriorating roofs, plumbing, electrical systems, upgrade classrooms/labs/facilities for science, technology, engineering, math, and career training, improve student safety/security, and construct new school facilities to relieve overcrowding, shall Los Banos Unified School District issue $65,000,000 in bonds at legal rates, raising on average 4.3 cents/$100 of assessed value ($3,800,000 annually) for approximately 35 years, to improve local schools, with independent audits, citizen oversight and all funds locally controlled?
3, Merced County • 2018 • M
Passed
Result: 70.8% yes, 29.2% no (5,078 votes cast)
AI-generated plain-language summary
This measure authorized the Los Banos Unified School District to issue $65 million in bonds to repair deteriorating infrastructure, upgrade classrooms and labs for STEM and career training, improve safety and security, and construct new facilities to address overcrowding. The bonds would be repaid through property taxes averaging 4.3 cents per $100 of assessed value over approximately 35 years.