Review 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