Measure C: Special Election for purposes of a Bond Measure in Sunnyvale Public Schools
The Question: To continue critical renovation and modernization of local elementary and middle schools, upgrade school safety/security, improve access to technology, and ensure accessibility for students with disabilities, shall Sunnyvale School District’s measure be adopted authorizing $214 million in bonds at legal interest rates, raising an average of $13.2 million annually for approximately 34 years, at a projected rate of $15 per $100,000 assessed value,
with oversight, accountability, all funds benefitting schools, and no funds for administrator salaries?
Fiscal Impact: The average yearly cost to property owners in the Sunnyvale School District will be $15 per $100,000 of assessed valuation (not market value).