The Hermosa Beach City School District is seeking voter approval for a $28.7 million bond measure to fund renovations and repairs at its four schools.
The Hermosa Beach City School District is asking voters to fund $28.7 million in renovation and repair projects.serves about 1,300 students across four schools, including one preschool. The district wants money to construct new science labs; make accessibility improvements; upgrade inadequate electrical systems; and renovate classrooms and restrooms, among other items.
The money borrowed through the measure would be paid back through a property tax. HBCSD estimates the bond would cost property-owners that live within the school district's boundaries an average of $13.15 per $100,000 of assessed value. There’s also a possibility that the district could get additional state funding if Prop. 2, the statewide school facilities bond, passes.
HBCSD Board President Quentin Kluthe and Hermosa Beach City Council Member Ray Jackson are among those who submitted an argument in favor of the bond to the L.A. County Registrar-Recorder.When California voters approved the creation of the lottery, the law required 34 cents of every dollar to fund education. In 2010 lawmakers changed the rules giving the lottery the mandate to “maximize” funding for education.
The Association has not taken a position on specific local bonds other than LAUSD’s $9 billion Measure US and on Prop. 2 . No individual or group submitted an argument in opposition to the bond to the L.A. County Registrar-Recorder.Representatives of the business community, taxpayers, and parents. School district employees, vendors, contractors, and consultants cannot be appointed. There are often years of community meetings, design, and permitting between the passage of a bond and the start of construction, though minor renovation projects could be completed sooner.A bond is basically a loan.
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Local News School Bonds Education Funding Hermosa Beach California School Renovations
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