Jun 20 2016
TAXES: $66 million PUSD Bond Prepared For November Ballot
Piedmont voters will be asked to approve a $66 million school bond at the General Election on Tuesday, November 8, 2016.
Piedmont Unified School District (PUSD) Board member Rick Raushenbush noted that the $66 million figure will not cover all the unmet needs. The campaign in support of the vote for the bond will be co-chaired by Claire Amo and Chad Olcott.
Also on the November ballot will be the election of two PUSD Board members.
Finalization of the Bond Measure will be considered by the Board at approximately 8:00 p.m., Wednesday, June 22. The meeting open to the public will be broadcast live from City Hall on Channel 27 and also from the City website under online videos.
Read the full > agenda and staff reports for the June 22, 2016 Board of Education meeting.
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Residents may comment to the School Board by sending an email to the link below:
Superintendent Randall Booker > rbooker@piedmont.k12.ca.us
594-2614
Read East Bay Times report > here.
Has the School District estimated what the annual debt service would be on a bond measure of this size? I’m guessing it would be between $3 and $4 million per year (depending on interest rate and length of borrowing period), well over $1,000 annually for an average Piedmont home.
Usual School Bond process: (1) Formulate a plan of design and cost. (2) Place on ballot.
Piedmont School Bond process: (1) Obtain advice from political operatives and consultants. (2) Place on ballot.