Measure G FAQs (Frequently Asked Questions)
Question: What is the Measure G Bond?
Answer: The Measure G Bond is the Chino Valley Unified School District (CVUSD) student achievement, repair and safety measure voted on by voters in the November 8, 2016 election. Measure G bond proceeds may only be used to upgrade neighborhood schools and retain/attract quality teachers by repairing deteriorating classrooms/restrooms; replace deteriorating, rusty pipes to ensure safe drinking water; remove asbestos and lead paint; upgrade fire safety, science/computer labs, wiring, classroom technology; repair, construct, and acquire educational facilities, sites, equipment. The Measure G ballot initiative allows the Chino Valley Unified School District to issue $750,000,000 in bonds, at legal interest rates. The District will conduct financial and performance audits annually and will appoint a citizens’ oversight committee to ensure that bond proceeds are spent only on the school facility projects listed in the measure. The bonded debt will be a general obligation of the District and will be financed by property taxes levied annually on taxable property located within the District in an amount necessary to pay the annual debt obligation.
Question: When was Measure G submitted to the voters?
Answer: Measure G was submitted to the voters by the Chino Valley Unified School District (CVUSD). A "yes" vote by at least fifty-five percent (55%) of the voters voting on this measure authorized CVUSD to issue bonds to benefit the District in the amount of seven hundred fifty million dollars ($750,000,000).
Question: Was Measure G bond issue passed by the voters?
Answer: Yes, 55.99% of the voters voted ‘Yes’ on the Measure G bond issue on November 8, 2016.
Question: How much will the Measure G Bonds cost?
Answer: The measure will cost $59.55 per $100,000 in assessed value (not to be confused with market value, which is typically much higher). The estimated cost for the typical property owner will be $240 annually, or $20 monthly. The cost of the bond measure is based on the assessed value of a property, which is different from market value. The assessed value is often closer to the price of the home when it was last purchased, which will be much lower for those homeowners who have owned their homes for many years.
Question: Who pays for Measure G taxes?
Answer: As is required by law, the direct cost of the measure is limited to property owners within the CVUSD boundary, which includes owners of condos, apartment buildings, commercial office buildings and other retail and commercial properties. Property owners typically factor the cost of a measure like this into the rents charged to tenants. All registered voters residing within the CVUSD boundaries, including renters, were eligible to vote on the measure.
Question: How long will the bonds be outstanding?
Answer: The measure would be limited to no more than 30 years in duration. There are many variables in determining the length of time until they are paid off: the rate of change in local assessed property value in the years to come; the interest rates and state of the bond market at the time each series of bonds is sold; and the various bond structures that may be used in order to maximize funds available for school improvements while minimizing the cost to taxpayers.
Question: What protections help ensure the funds will be spent as promised?
Answer: The measure requires a clear system of accountability to ensure funds are spent only on voter-approved projects. By law, all money raised by the measure must be used locally only to upgrade schools within the CVUSD boundary. Funds cannot be taken by the State or used for other purposes. An independent citizens’ oversight committee and annual audits are required to ensure funds are spent properly.
Question: Will this measure help the District qualify for state matching funds?
Answer: Yes, passing this measure will provide the local match funds that will maximize CVUSD’s chances for qualifying for state matching funds as they become available.
Question: When will upgrades to schools begin?
Answer: The first series of bonds were sold in 2017. School improvement planning and design began in 2017. School improvement work began during the 2017-2018 school year. To avoid disruption across the district, work will be phased over time, with the most urgent needs being addressed first.
Question: How would these upgrades support quality 21st-century education?
Answer: Measure G would help update classrooms, science labs and computer learning technology to ensure our students learn the critical skills needed for success in college and the 21st-century workforce. Science, technology, engineering and math (STEM) are essential components of education today. Our schools also offer a wide variety of career technical training to prepare students for careers, which require specialized labs, classrooms and technology.