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Measure M
Fremont USD Bond Measure
“To repair/upgrade local schools by updating classrooms/ science labs/ classroom technology/ equipment; replacing leaking roofs; replacing outdated, aging/ deteriorating portables with permanent classrooms; acquiring, constructing, repairing classrooms, facilities, sites/ equipment; and replacing inefficient HVAC, electrical/ plumbing systems with updated sustainable systems; shall Fremont Unified School District’s measure authorizing $919,000,000 in bonds at legal rates, levying 4.9¢/ $100 assessed value ($63,000,000 annually) while bonds are outstanding, be adopted, requiring citizen oversight/ audits, and no money for administrators’ salaries?”
Vote Required: 55%
SCORE: 1.6
Comments: The score was lowered from the maximum of five because of the failure to provide the tax rate in the standard of dollars per $100,000 of assessed value. The district also failed to provide information on the duration of the bonds and the estimated cost of repayment, whether there were any existing bonds in place, whether the proposed bonds were Capital Appreciation bonds or follow a regular amortization schedule, and because of extraneous verbiage designed to influence a Yes vote such as “no money for administrators’ salaries”. Proposition 39 bonds are prohibited from being spent on administrators’ salaries and operating expenses.
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BALLOT WATCH DOG 