Looking to help mitigate the emancipation of their general fund by years’ worth of state budget pillaging, the Santa Barbara School Board approved two bond measures this week to be placed on this November’s ballot. Without raising the current existing property tax rates and using a 40-year term for the bond, the measures—one for the Elementary District and one for the Secondary District—would, if successful, generate a maximum of $35 million and $75 million respectively. The funds would be earmarked specifically for facility upgrades, renovations, and maintenance at district schools.
School Board Approves Bond Measures
Thursday, July 1, 2010
Be succinct, constructive, and relevant to the story. Leaving a comment means you agree to our Discussion Guidelines. We like civilized discourse. We don't like spam, lying, profanity, harassment or personal attacks.