2005 Election Information

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Election Information

General information regarding the November 8, 2005 election related to the Palos Verdes Peninsula Unified School District.

Board of Education

There are three openings for the Palos Verdes Verdes Peninsula Unified School District Board of Education.

The candidates in alphabetical order by last name are:

Measure R - Bond for Core Academic Facilities

Tax rate extension of Measure K Tax Rate of $16.47 per $100,000 plus $2.43 per $100,000 increase
Total new tax rate of $18.90 per $100,000
$30,000,000 overall size
$23,000,000 raised in Spring 2006
$7,000,000 raised in Fall 2009
5.64% projected annual rate of growth in assessed valuation
22 years of additional tax rate of $2.43 per $100,000
6 year of additional tax rate of $18.90 per $100,000 after 2028 final maturity of Measure K Bonds
Interest rates current as of present-day municipal bond market conditions plus .25%
If passed, Peninsula taxpayers will pay taxes for six more years than existing Measure K General Obligation bond program

Measure S - Bond for Co-Curricular Facilities

Projected new tax of $2.05 per $100,000
$10,000,000 overall size
$2,000,000 raised in Spring 2006
$8,000,000 raised in Fall 2009
5.64% projected annual rate of growth in assessed valuation
28 year projected tax
Interest rates current as of present-day municipal bond market conditions plus .25%
If passed, Peninsula taxpayers will pay taxes for six more years than existing Measure K General Obligation bond program