Hard Lessons From California School District Bond Measures
Commentary
Capistrano Unified School District cried poor boy last year with a ballot measure seeking approval to borrow $114 million. Here was their plea: “To repair and improve Aliso Viejo’s aging neighborhood schools, fix deteriorating roofs, plumbing, sewer, electrical systems; and construct/acquire modern classrooms, facilities and technology that support college/career readiness in science, technology, arts, math and skilled trades.”
Who could be opposed to raising their real property taxes a little more to assist the city’s students and the district’s STEM efforts?
As bond measures have been rather successful in the last few decades by many Orange County school districts for such improvement requests, let me tell you the four dirty little secrets that you as a property owner or occupier should know….