Transcript Slide 1

Board of Education Meeting
November 1, 2011
Lee Dulgeroff, Executive Director
Facilities Planning and Construction
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Board of Education members have expressed
interest in exploring the possibility of a 2012
capital facilities bond
Prop. S was limited to $2.1 billion because it
extended, but did not raise, the current property
tax assessment
Approximately $5 billion of facilities needs are
not funded under Prop. S.
There is a continuing need to relieve pressure on
the General Fund.
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Prop. 39 allows for passage of bond programs
with 55 percent voter approval.
Prop. 39 restricts the property tax increase to
a maximum of $60 per $100,000 of assessed
valuation (AV).
Initial evaluation by the district’s bond advisors
determined that a property tax increase between
$30 to $40 per $100,000 AV would allow for a
$1.5 to $2 billion capital bond program.
A new 2012 capital facilities bond would require
a tax increase.
Presidential elections historically favor school bond
measures
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Potential bond elements could include the
following:
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Major Repair and Replacement
Deferred major maintenance
i21 sustainability and expanded technology
Energy efficiency retrofits/renewable energy projects
Neighborhood school facility realignment
(new classrooms and facilities in underserved areas)
Career Technical Education projects
Seismic upgrades/ADA improvements
Expansion of air conditioning into climate zone two
Portable replacement/certification
Site-specific projects (Correia Field Expansion, Patrick
Henry theater, Perkins Expansion, McKinley joint-use
field)
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Primacy Group
◦ Principal Larry Remer consulted on Prop. MM and
Prop. S
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Scope of Work
◦ Explore the viability of new facilities
◦ Conduct meetings with key internal stakeholders to
develop recommendations for the potential size and
scope of a new bond
◦ Review the district’s stated “needs” to determine if a
bond project list can be developed that is likely to gain
public support
◦ Conduct public opinion research
◦ Conduct community/opinion leader outreach
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Refine scope and cost estimates
Validate and prioritize facility needs list by Board of
Education
Define additional needs with parent and community
input
Meet with cluster and community groups
Seek voter approval--November 6, 2012, election
◦ The board would need to call for a bond election by
August 10, 2012
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