![]() The following question appeared on the ballot: “ Ī 55 percent supermajority vote was required for the approval of Measure E. As of the beginning of 2016, the district owed approximately $423 million on this previously approved bonded debt. ĭistrict voters approved three bond issue measures between 20. As of 2016, the annual property tax bill item for Measure M bonds was $14.53 per $100,000 of assessed value. For example, district officials estimated the highest property tax rate required to repay Measure M bonds authorized by voters in 2006 at $9.73 per $100,000 of assessed value. The actual cost to taxpayers depends on increases in property value, interest rates, and other variables. District officials also estimated that a property tax rate of $15 per $100,000 in assessed value would be required to repay the bonds, with $15 per $100,000 in assessed value as the highest estimated tax required as well. ![]() It was approved.Ī yes vote was a vote in favor of increasing the district's debt by $230 million through issuing general obligation bonds in that amount.Ī no vote was a vote against increasing the district's debt by $230 million through issuing general obligation bonds in that amount.ĭistrict officials estimated the total debt service cost for the loan-including principal and interest-at $483,423,125. Los Angeles County, California ballot measuresĪ bond issue measure to fund updates to College of the Canyons was on the ballot for Santa Clarita Community College District voters in Los Angeles County, California, on June 7, 2016. ![]() Measure E: Santa Clarita Community College District Bond Issue
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