League of Women Voters of California Education Fund
	Los Angeles County, CA November 6, 2012 Election
	Measure EE School Improvement Bonds Little Lake City School District School Bonds - 55% Approval Required Pass: 8,041 / 76.79% Yes votes ...... 2,430 / 23.21% No votes See Also: Index of all Measures

Arguments For Measure EE

Measure EE is about one thing: Improving the quality of our local schools. While there have been significant improvements in the quality of Little Lake schools over the past few years, the fact remains that our community's schools are old, classrooms are inadequate, electrical systems are outdated. Schools built years ago need significant updating. The average age of our local schools is 60 years old. Measure EE has been placed on the ballot to address the most pressing needs. Measure EE will: Renovate restrooms to make them accessible for students with disabilities Make repairs and energy efficiency improvements that will free up money to protect the quality of classroom instruction in core subjects like reading, math, and science Update instructional technology in the classroom for improved student learning Repair or replace old worn-out roofs, floors, walkways, lighting, plumbing and electrical systems Upgrade and repair physical education facilities and playground equipment so they meet current safety standards Remove hazardous materials like asbestos and lead paint from school sites Measure EE will update our schools, technology and equipment to ensure that local children have the facilities needed to be able to succeed in high school and beyond. Measure EE will protect the health, safety and security of Little Lake children. All money raised by Measure EE will stay in our community to benefit local children. No money can be taken by the state or used for other purposes. None of the money will be used to pay for salaries or administrators. Safe, quality schools protect property values. Measure EE is a companion measure to Measure TT. Measure EE will provide funds to renovate schools. Measure TT will provide textbooks, educational materials and funding for art, music and school maintenance. Please vote YES on both Measures EE and TT. SARA MENDEZ Former Little Lake City School District Board Member MARTHA HANAMAIKAI Parent, Education Foundation & PTA Leader LUIGI A. VERNOLA Local Business Owner MARIA GUTIERREZ Teacher, Little Lake City School District & Local Resident HILDA ZAMORA Vice President, Little Lake City School District Board of Education (No arguments against Measure EE were submitted)

Tax Rate Statement from PHILLIP PEREZ, Ed.D., Superintendent, Little Lake City School District

An election will be held in the Little Lake City School District (the "District") on November 6, 2012, to authorize the sale of up to $18,000,000 in bonds of the District to finance school facilities as described in the measure. If such bonds are authorized and sold, principal and interest on the bonds will be payable only from the proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400-9404 of the Elections Code of the State of California. Such information is based upon the best estimates and projections presently available from official sources, upon experience within the District, and other demonstrable factors. Based upon the foregoing and projections of the District's assessed valuation, the following information is provided: 1. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the first series of bonds, based on a projection of assessed valuations, is $25.00 per $100,000 of assessed value for fiscal year 2013-14. 2. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the last series of bonds, based on a projection of assessed valuations, is $25.00 per $100,000 of assessed value for fiscal year 2020-21. 3. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue, based on a projection of assessed valuations, is $25.00 per $100,000 of assessed value, which is projected to be the same in every fiscal year that the bonds remain outstanding. Voters should note the estimated tax rate is based on the ASSESSED VALUE of taxable property on the County's official tax rolls, not on the property's market value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective tax rate than described above. Property owners should consult their own property tax bills and tax advisors to determine their property's assessed value and any applicable tax exemptions. The attention of all voters is directed to the fact that the foregoing information is based upon projections and estimates only, which are not binding upon the District. The actual tax rates and the years in which they will apply may vary from those presently estimated, due to variations from these estimates in the timing of bond sales, the amount of bonds sold and market interest rates at the time of each sale, and actual assessed valuations over the term of repayment of the bonds. The date of sale and the amount of bonds sold at any given time will be determined by the District based on the need for construction funds and other factors. The actual interest rates at which the bonds will be sold will depend on the bond market at the time of sale. Actual future assessed valuations will depend upon the amount and value of taxable property within the District as determined by the County Assessor in the annual assessment and the equalization process.