2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO These materials have been prepared for the CASBO CBO Professional Council. They have not been reviewed by State CASBO for approval, so therefore are not an official statement of CASBO. Planning for the 2014 G.O. Bond Election Session #: CBO32 Date: Saturday, April 6 Time: 10: :30 AM.

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Introduction Ruth Alahydoian Vice President KNN Public Finance Beverly Heironimus Assistant Superintendent, Business Services Dublin Unified School District 1

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Why now? 2014 is an election year (yes, already!) Planning for a G.O. Bond is primarily the CBO’s responsibility. –Will also involve the Superintendent and the Facilities Department. A successful bond measure requires laying the groundwork and building support. The time to start planning is NOW! 2

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Big Picture – What’s involved? Pull the Team Together Determine facilities needs Get community input, sensitivities Determine bond projects, bond amount and tax rates Involve the community in the campaign 3

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO The Schedule 4 Election Dates June 3, 2014November 4, 2014 Form Bond Team - Facilities, Survey, Political, Financial, Legal ExpertsSpring 2013Summer 2013 Identify needs/engage school sites in developing project listSpring 2013February - April 2014 Form a committee of community and school leaders to develop budget and direction for campaign -- committee hires a campaign consultant (recommended) Spring 2013February - April 2014 Hire a survey consultant to conduct a survey on voter sentiments, if desiredSummer 2013March 2014 Begin information campaign about conditions of schoolsFall 2013April 2014 Solicit parent, teacher, administrator and public commentsFall 2013March - May 2014 Develop proposal for ballot measure - pull together project list and authorization amount Fall 2013June 2014 Draft ballot measure and resolutionJanuary 2014June 2014 Public discussion of specific projects on project listJan-Feb. 2014June 2014 District approves Resolution - MUST be approved 88 days before election dayMarch 7, 2014August 8, 2014 Election campaignMarch - June 2014August - Nov 2014 ELECTION DAYJune 3, 2014November 4, 2014 Note: Actual deadline will vary by county.

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO What type of bond measure? Proposition 39 Election: –Requires 55% voter approval. –Maximum anticipate tax rate is constrained. –Must be held on a statewide primary, general or special election, or on a regularly scheduled local election date. June 3, 2014 November 4, /3 Election: –Requires 66.67% voter approval. –No maximum tax rate restrictions. –Can be held on any Tuesday that is not within 45 days of a statewide election date. Depending on whether other agencies have measures on the ballot, the District may have to shoulder the cost of an election on its own. 5

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Pull the Team Together Facilities planners – needs assessment, etc. Facilities program manager Survey consultant / pollster Campaign /political consultant Financial advisor and/or underwriter Bond counsel 6

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Determine Facilities Needs Enrollment projections; new housing developments Site by site analysis for modernization Technology needs Charter school needs Program-specific needs 7

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Get Community Input Community survey –Project specific feedback –Sensitivity to bond amounts and tax rates Meet with school communities –Staff –Parents Board discussions & workshops 8

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Determine bond projects, bond amount and tax rates Project list included in ballot is critical –Limits how/what/where bond funds can be spent –Creates expectations in the community Bond amount is the most that can be issued –May be constrained by statutory debt limit –Will be issued in series over time Projected tax rates are an estimate only –Rates are given as $dollars per $100,000 of assessed value. –Proposition 39 limits the rates to: $60 per $100,000 for unified school districts $30 per $100,000 for elementary and high school districts $25 per $100,000 for community colleges 9

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Bond Measure Board must approve the measure at least 88 days before the election date. Bond measure must include: –Bond amount –Project list, including school sites and projects anticipated at each site –Expected tax rate Once Board approves resolution, campaign takes over – District resources cannot be used for advocacy. 10

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Involve the Community in the Campaign BRIGHT LINE YOU CANNOT CROSS: School district resources cannot be spent on advocating for a bond measure Information versus advocacy Personal time versus District time Fundraising 11

2013 CASBO ANNUAL CONFERENCE & SCHOOL BUSINESS EXPO Election Day Victory! –County certifies election results. –Board certifies county results. –Oversight committee is established within 60 days. –Bond issuance process begins. Close but not quite… –Don’t be discouraged… it’s happened to the best of us. –Review polling results and re-evaluate program – projects, amount, etc. to determine what worked, what didn’t. 12