Santa Monica-Malibu Unified

Unified School District

To improve, repair, and modernize outdated Malibu classrooms, science labs, libraries, instructional technology and other school facilities; improve school safety/security systems; shall Santa Monica- Santa Monica-Malibu Unified School District’s School Facilities Improvement District No. 2 (Malibu Schools) issue $195 million of bonds at legal interest rates, averaging $10.8 million raised annually to repay issued bonds through final maturity, from levies estimated at three cents per $100 of assessed value, with citizens’ oversight, annual audits, all funds benefitting Malibu schools?

To improve, repair, and modernize outdated Santa Monica classrooms, science labs, libraries, instructional technology and other school facilities; improve school safety/security systems; shall Santa Monica-Santa Monica-Malibu Unified School District’s School Facilities Improvement District No. 1 (Santa Monica Schools) issue $485 million of bonds at legal interest rates, averaging $27.4 million raised annually to repay issued bonds through final maturity, from levies estimated at four cents per $100 assessed value, with citizens’ oversight, annual audits, and all funds benefitting Santa Monica schools?

To improve academic instruction and school safety by modernizing high school classrooms and campuses, repairing aging elementary schools, ensuring every school meets current earthquake and fire safety standards to protect students, and constructing, acquiring, modernizing, and/or repairing classrooms, sites, facilities, equipment, computers, and learning technology to raise student achievement, shall the Santa Monica-Malibu Unified School District issue $385,000,000 in bonds at legal rates, with independent fiscal oversight, mandatory audits, and all funds for Santa Monica and Malibu schools?