News

Wednesday, April 14, 2010

Measure V general obligation bond, a $115 million investment in school facilities

Last night’s board agenda included “Completion and Dissolution of Measure V 2000 Secondary Bond Oversight Committee.” The presentation highlighted the committee’s oversight work and the completion of facilities projects at all junior highs and high schools in the secondary district. The improvements benefit almost 10,000 students, about 1,900 staff, and visitors to the district’s eight secondary campuses.

We have modernized our campuses, many of them built in the 1920s, 30s, 40s, and 50s, using the $67 million general obligation bond provided by the voters in our community, $41.8 million in state matching funds, approximately $3.4 million in donations, plus interest to complete almost $115 million in construction projects and upgrades.

The purpose of the Measure V Bond Oversight Committee was to ensure that the money provided by voters was spent in ways that were entirely consistent with the language and intent of the ballot initiative approved by the voters almost 10 years ago.

Road To Renovation, the April 8, 2010 report on bond funded projects, is available on the districts’ web site.