Post on 01-Jan-2016
Givens
•Election for Governing Board member
•Election for reauthorization of M&O override
•Election for capital bond for $88 million
Sunnyside stands for education Where do you stand?
November 2011 November 2011 electionelection
With significant cuts in state funding for K-12
education, school districts are being forced to
look to their own taxpayers to fund services,
facility construction and renovations, busses
and technology needs.
Sunnyside stands for education| Where do you stand?
State funding plummetsState funding plummets
November 2011 election will ask for reauthorization of 10% override
On November 8, 2011, Sunnyside District voters will be asked to reauthorize the Maintenance & Operations (M&O) budget override to start a new seven-year cycle.
Voters first approved the override in 1987 and have approved reauthorization four times since then.
Sunnyside stands for education| Where do you stand?
Reauthorization of 10% overrideReauthorization of 10% override
10% override = $8 million per year
The seven-year cycle includes a phase-out in years 6 and 7, reducing funds to $5.4 million, then $2.8 million, and then zero.
If not reauthorized in November 2011, funding will begin to phase out in 2012-13.
Override funding pays mostly for salaries – for counselors, physical education teachers, additional teachers, security monitors and support staff, a day of student instruction and two teacher training days.
Sunnyside stands for education| Where do you stand?
Reauthorization of 10% overrideReauthorization of 10% override
The district has the opportunity to go for a 15% override which would provide an additional $4 million per year. This additional funding would help the district return to funding levels of 2003, before the state’s drastic budget cuts.
A 15% override would help the district:
•Maintain positions
•Maintain salaries and possible salary
increases
•Maintain class size goals of 2008
•Reduce the need for furloughsSunnyside stands for education| Where do you stand?
Opportunity of a 15% overrideOpportunity of a 15% override
Average taxpayer cost for override & bond is less than $1 per day
Currently, the owner of a home valued at $100,000 pays approximately $138 per year in secondary property taxes - $1.38 per $100 of assessed valuation - to repay existing bond debt for bonds approved by voters in prior years’ elections. Voters approved a $24 million bond in 1998 that included $16 million for technology; it will be paid off by July 2015.
The same owner is also paying $158 per year - $1.58 per $100 of assessed valuation - for the seven-year budget override that was approved in 2007 and will begin to phase out in 2012-13 if not reauthorized by voters.
Sunnyside stands for education| Where do you stand?
Average taxpayer pays less than $1 per dayAverage taxpayer pays less than $1 per day
Businesses pay $2.50 for each $1 of residential secondary property tax
Of all secondary property taxes collected in the Sunnyside District:
•62% are paid by commercial property owners •25% are paid by residential property owners•14% are paid by others (rental property)
Residential property is taxed at 10% of its value. Commercial property is taxed at 21% of its value.Sunnyside stands for education| Where do you stand?
Businesses pay 62% of secondary taxesBusinesses pay 62% of secondary taxes
Bonds are sold by the district to investors, and the proceeds are used to fund capital expenses. The principal and interest are repaid to the investors through secondary property taxes.
Bonds can be sold in phases over 10 years with flexibility in relation to the market and can be paid back in 20 years.
Interest costs can be minimized by selling bonds earmarked for technology for five years.
Sunnyside stands for education| Where do you stand?
What is a bond?What is a bond?
A new bond will not increase secondary taxes
Of the total $88 million:
•$28 million for technology needs for the next 10 years
•$10 million to purchase new busses
•$10 million for athletic facilities
•$40 million for facility upgrades throughout the district
The Governing Board will take action by June 14 on calling for a bond election in November.
Sunnyside stands for education| Where do you stand?
Sunnyside stands for educationSunnyside stands for education
Sustaining a tech-savvy district
$28 million of the total $88 million bond would be used to sustain and expand the Sunnyside District’s transformation through technology.
SUSD has gained state and national recognition for its bold initiative, Project Graduation: The Digital Advantage, that was launched in 2007.
In 2010, the district began implementation of one-to-one computing by assigning netbook computers to every fifth-grader. A strategic three-year technology plan will expand one-to-one computing to all students in grades 5-12.
Sunnyside stands for education| Where do you stand?
Sunnyside stands for educationSunnyside stands for education
Sustaining a tech-savvy district
Bond funds for technology will allow the district to: •sustain one-to-one computing with the refresh purchase of new laptops in future years
•upgrade the technology infrastructure
•install classroom computers for students in grades K-
4
•equip 21st century classrooms
•move to a paperless educational and business model
•provide classified employees with laptops
•refresh laptops for certified employees Sunnyside stands for education| Where do you stand?
Sunnyside stands for educationSunnyside stands for education
Sustaining a tech-savvy district
$10 million for school busses would include technology for a student rider card system, GPS and on-board computers.
$10 million would be used to upgrade athletic facilities.
$40 million would be used for facility upgrades at all school sites, safety and security, and energy conservation.
A Bond Advisory Committee will make recommendations to be presented to the SUSD Governing Board.
Sunnyside stands for education| Where do you stand?
Sunnyside stands for educationSunnyside stands for education
Areas of improvement•Technology•Facilities
•Athletic facilities•Needs at sites•New schools? Elvira and Los Ranchitos•Community use of facilities
•Busses•Safe and orderly•Energy conservation
Sunnyside stands for education| Where do you stand?
Sunnyside stands for educationSunnyside stands for education