School Bond Information, April 6, 2004 Election
Overview | Proposition
4 | Proposition 5 | Proposition
6 | Total Cost | Printable
version 
Proposition 4 
Repairs, Renewals and Equipment
-
Door lock upgrades: Phase 2 of 2
-
Security system upgrades and fire sprinkler
installations
-
Mechanical, HVAC, electrical, roofs
-
Heavy equipment replacement
-
11 school buses
-
Code, hazmat, ADA upgrades
- Traffic safety
|
Local tax impact
|
|
With
State debt reimbursement
Estimated annual tax increase on every $100,000 of assessed valuation to
retire bond debt |
|
|
Without State
debt reimbursement
Estimated annual tax increase on every $100,000 of assessed valuation to
retire bond debt |
|
Proposition
4 Repairs, Renewals and Equipment
|
Projects
|
Estimated Project Costs |
Estimated
Increase in Annual Operations & Maintenance
Costs |
State Reimbursement* |
| Districtwide Security Upgrades – Locks:
Phase 2. |
$1,300,000 |
0 |
70% |
| Security System Upgrades
(multiple schools) |
$1,250,000 |
0 |
70% |
| Fire Sprinklers (3 schools) |
$950,000 |
0 |
70% |
| Roof Replacement
and Repairs (multiple schools) |
$1,000,000 |
0 |
70% |
| Heating System Conversion (5 schools) |
$5,000,000 |
0 |
60% |
| Mechanical
Upgrades (multiple schools) |
$7,230,000 |
0 |
70% |
| Heavy Equipment Replacement |
$985,000 |
0 |
0% |
| Minor Building Renewal
Projects (multiple schools) |
$6,890,000 |
0 |
70% |
| Code/Hazmat/ADA Projects (multiple
schools) |
$800,000 |
0 |
70% |
| 11 Replacement School
Buses |
$830,000 |
0 |
0% |
| Electrical Projects (multiple schools) |
$9,345,000 |
0 |
70% |
| Traffic Safety Planning/Design |
$200,000 |
0 |
0% |
| Traffic Safety/Site Upgrades |
$600,000 |
0 |
70% |
| PROPOSITION 4 TOTAL |
$36,380,000 |
$0 |
64.8% |
|
| * |
Subject to annual legislative
appropriation |
|
|  |
|
