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School Board Votes to Move Forward with Bond Issue

A survey earlier this month revealed that 54 percent of registered voters would be willing to vote for the bond, which would provide $19 million for technology upgrades.

The Fountain Valley School District's Board of Trustees voted unanimously Thursday night to put a on the agenda at the board's next meeting on June 28.

The decision came on the heels of a report by Ann Nock of investment banking firm George K. Baum, which conducted a telephone survey of 400 registered Fountain Valley voters on June 3 and 4. Of those surveyed, 54 percent said they would be willing to vote for the bond issue, which would bring in about $19 million initially, and a total of about $30 million over the life of the bonds.

Additionally, 83 percent of those surveyed agreed that it is important to provide the district's students with up-to-date technology. Nock noted that about 60 percent of Fountain Valley's registered voters do not have children in the district, something, she said, should be looked at as a positive in light of the survey results.

"I've been to enough of your board meetings with enough full houses to think you'd have a great shot," she said.

Should the board vote to put a bond issue on the November ballot, the ballot statement would have to be ready by July 17. Should the bond pass, the cost of the election would be rolled into the bond as an issuance cost, but should it fail, the district would be stuck with the bill. Assistant Superintendent for Business Steve McMahon said he hopes to have an estimate from the county registrar's office by the end of the week, but the final cost is essentially at the county's whim.

In a painfully appropriate segue, McMahon presented the board with an update on the state budget situation, which had literally changed as late as Thursday afternoon. The state is facing a $16 billion shortfall, and while home prices are up slightly and unemployment is down, McMahon called those factors a "lukewarm recovery," as state revenues are still $2 billion below projections.

The state is projecting a budge of $95.7 billion for the 2012-13 school year, but that estimate is based on the assumption that Gov. Jerry Brown's proposed tax initiative will pass this November. Should it fail, schools could face a $475 per student reduction in funding and two additonal shortened school years of 175 days. Since the 2007-2008 school year, per-student funding has dropped from $5,515 to $4,917, and een if the tax initiative passes, that number will still drop to $4,493.

Joker Joe June 15, 2012 at 06:33 PM
Probably 1/2, 400,00, come to Ca. for the free education, we pay for. While here they can enjoy free healthcare, we pay for. Then free food stamps, we pay for. If they are caught they can go into the free jail system, we pay for. All this calls for more teacher and schools and taxes and a lower class education for our kids. I HOPE there is a CHANGE in November.
Joker Joe June 15, 2012 at 09:29 PM
ProEnglish condemned today’s move by the Obama administration that essentially rewards an amnesty to nearly 800,000 illegal aliens. The administration decided it will no longer deport the vast majority of illegal aliens under the age of 30, and without requiring them to learn English. “Naturalized citizens have to demonstrate English language proficiency to become American citizens,” ProEnglish Executive Director Robert Vandervoort noted. “By contrast, today’s decision by the Obama administration not only rewards law-breaking, it also makes no attempt to provide for assimilation.” “ProEnglish strongly opposes any kind of blanket amnesty because it grants nearly 800,000 illegal aliens legal status without requiring them to learn English,” Vandervoort continued. “Without an English-language provision, this will dramatically expand demands on government services in foreign languages.” “During a time of record high deficits and unemployment, the White House should not be seeking to increase the financial burdens on American citizens. This decision will force American taxpayers to subsidize costly government-mandated multilingual services for a largely non-English speaking population,” Vandervoort concluded. Maybe we better vote for the bond???
tuck June 16, 2012 at 02:11 AM
He's turned into quite "the dictator". Oh yea, he is "CHANGING" things Not good for Amerika?.
Joker Joe June 18, 2012 at 08:58 PM
The money is there. We just have to crank up the printing presses and ink up the type and slide in the paper.... lol I hope things Change.
Shannon Kelly June 28, 2012 at 03:52 AM
I am a FV resident and I won't be voting to give Mr. McMahan, Mr Ecker or this school board more money to waste.

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