Agenda Item
Meeting Date:
5/5/2022 - 7:00 PM  
Category:
Information and Study Items  
Type:
Action  
Subject:
Measure R: Resolution 21-22-07: Requesting The Santa Clara County Board of Supervisors To Establish A Tax Rate For General Obligation Bonds Expected to be Sold  
District Priorities:
 
Enclosure:
 
File Attachment:
21-22-07 Establishing Tax rate 2022-23.pdf
Letter to Levy Tax Res. No. 21-22-07 Establishing Tax rate 2022-23.pdf
CambrianSD-2022GO-Schedule-2022-04-14.pdf
 
Summary:
On November 3, 2020, Measure R was approved by 61% of voters within the district. Pursuant to California Education Code Section 15252, Cambrian School District is required to request the County of Santa Clara Board of Supervisors to adopt a tax rate for bonds the District expects to be sold. The District intends to begin issuing the second series of bonds for the fiscal year of 2022-23 in August 2022.  
Funding:
 
Recommendation
The Board approve Resolution 21-22-07 and allow staff to move forward with the request to the Santa Clara County Board of Supervisors to establish a tax rate for the general obligation bonds expected to be sold.  
Approvals:
Recommended By:
Signed By:
Carlena Grandey - Administrative Assistant to the Superintendent
Signed By:  
Kristi Schwiebert - Superintendent