School Board Seeks OK for $111 Million in Bonds
Voters will decide March 5 whether to let the Anaheim City School District sell bonds to raise $111 million to build and renovate campuses.
The school board decision late Tuesday to place the matter on the ballot comes three years after a $48-million bond measure received 55% of votes, short of the two-thirds majority needed in 1998. Proposition 39, passed by state voters in November, lowered the threshold for school bond measures to 55% of votes.
The elementary school district is one of the most crowded in the state, requiring year-round schedules and staggered classroom sessions to serve its more than 22,000 kindergartners through sixth-graders.
The school bonds would raise money for five new campuses, expansion of four existing ones and refurbishing of 22 others. A property tax increase of $30 for every $100,000 of assessed value would repay the bonds.
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