PR-9005-1

IMPARTIAL ANALYSIS BY COUNTY COUNSEL

MEASURE S2014
SANTA BARBARA COMMUNITY COLLEGE DISTRICT
This measure was placed on the ballot by the Santa Barbara
Community College District Governing Board.
If approved by 55% of the voters, this measure authorizes the
Santa Barbara Community College District (District) to authorize
the sale of general obligation bonds on its behalf in a principal
amount not to exceed $288,000,000 to provide financing for the
specific facilities projects listed in the Districts Projects List. The
Projects List, as well as the full text of the measure, is printed in
the ballot pamphlet. None of the proceeds from the sale of bonds
may be used for salaries or operating expenses.
The bonds and interest thereon would be payable from property
taxes levied on taxable property in the District. These taxes
would be in addition to the property taxes currently levied on
taxpayers in the District. The amount of the increased taxes each
year would depend upon the amount needed to pay the principal
and interest on the bonds.
The bond measure includes the following accountability
requirements:
A. A requirement that the proceeds from the bond sale be
used only for the above purposes and not for any other
purpose, including teacher and administrator salaries,
and other District operating expenses.
B. A list of the specific facilities projects to be funded and
certification that the District Board has evaluated safety,
class size reduction, and information technology needs
in developing that list.
C. A requirement that the District Board conduct an annual,
independent performance audit to ensure that the funds
have been spent only on the specific facilities projects
listed in the proposition.
D. A requirement that the District Board conduct an annual,
independent financial audit of the bond proceeds until all
of such proceeds have been spent for the facilities
projects listed in the Projects List.
This measure, if approved, will also establish a citizens' oversight
committee to monitor expenditures and ensure bond proceeds
are used only to fund the specific projects listed in the Projects
List, as printed in the ballot pamphlet.
/s/ Gustavo E. Lavayen
Deputy County Counsel
TAX RATE STATEMENT
MEASURE S2014
SANTA BARBARA COMMUNITY COLLEGE DISTRICT
An election will be held in the Santa Barbara Community District
(the "District") on November 4, 2014, to authorize the sale of up
to $288,000,000 in bonds of the District to finance facilities as
described in the proposition. If the bonds are approved, the
District expects to issue the Bonds in multiple series over time.
Principal and interest on the bonds will be payable from the
proceeds of tax levies made upon the taxable property in the
District. The following information is provided i n compl i ance
wi t h Sections 9400 through 9404 of the California Elections Code.
1. The best estimate of the tax which would be required to be
levied to fund this bond issue during the first fiscal year after
the sale of the first series of bonds, based on estimated
assessed valuations available at the time of filing of this
statement, is $0.01665 per $100 ($16.65 per $100,000) of
assessed valuation in fiscal year 2015-16.
2. The best estimate of the tax rate which would be required to
be levied to fund this bond issue during the first fiscal year after
the sale of the last series of bonds, based on estimated assessed
valuations available at the time of filing of this statement, is
$0.01665 per $100 ($16.65 per $100,000) of assessed valuation
in fiscal year 2027-28.
3. The best estimate of the highest tax rate which would be
required to be levied to fund this bond issue, based on estimated
assessed valuations available at the time of filing of this
statement, is $0.01665 per $100 ($16.65 per $100,000) of
assessed valuation, which is projected to be the same in
every fiscal year that the bonds remain outstanding.
Voters should note that estimated tax rates are based on the
ASSESSED VALUE of taxable property on the County's official
tax rolls, not on the property's market value, which could be
more or less than the assessed value. In addition, taxpayers
eligible for a property tax exemption, such as the homeowner's
exemption, will be taxed at a lower effective tax rate than
described above. Certain taxpayers may also be eligible to
postpone payment of taxes. Property owners should consult their
own property tax bills and tax advisors to determine their
property's assessed value and any applicable tax exemptions.
Attention of all voters is directed to the fact that the foregoing
information is based upon the District's projections and estimates
only, which are not binding upon the District. The actual tax rates
and the years in which they will apply may vary from those
presently estimated, due to variations from these estimates in
the timing of bond sales, the amount of bonds sold and
market interest rates at the time of each sale, and actual
assessed valuations over the term of repayment of the bonds. The
dates of sale and the amount of bonds sold at any given time will
be determined by the District based on need for construction funds
and other factors. The actual interest rates at which the bonds will
be sold will depend on the bond market at the time of each sale.
Actual future assessed valuation will depend upon the amount
and value of taxable property within the District as determined by
the County Assessor in the annual assessment and the
equalization process.
/s/ Lori Gaskin, Superintendent/President
SR 000-000

PR-9005-2
ARGUMENT IN FAVOR OF
MEASURE S2014
SANTA BARBARA COMMUNITY COLLEGE DISTRICT
Improving City College is vital for students, and will also boost our local
economy, improve our local workforce and help sustain high property
values.
Were proud that Santa Barbara City College is officially named the top
Community College in the nation.
Nearly half of all local high school graduates rely on City College for
higher education or career preparation and advancement. Our top-
notch local community college is a primary option for local high school
graduates.
Today, its time to invest in City College to maintain its excellent
standards and ensure continued access to affordable, high-quality, local
higher education. Facilities modernization is essential especially as
the cost of attending other public universities in California has
skyrocketed to at least six times that of community college.
Most classroom buildings are decades old and must be upgraded to
continue providing excellent education.
Measure S will:
Update academic, science, engineering, healthcare and
vocational classrooms and labs to help students prepare for
careers and transfer to four-year universities.
Upgrade student services to provide essential support for
students academic success and support for returning
veterans transitioning to academic environments.
Upgrade technology and labs for career education and
advancement, including fields such as engineering and health
science.
Replace leaky roofs and decaying, aging facilities with
renovated classrooms that are compatible with todays
technology and current safety codes.
Update technology and energy efficiency.
Improve access for students with disabilities.
Every penny stays in our area to support our students.
All funds raised by Measure S stay local and cannot be taken
by the state.
An Independent Citizens Oversight Committee and annual
audits will ensure funds are spent properly.
No money can be spent on administrators salaries or
pensions.
Please join us: Vote Yes on S to maintain high-quality, affordable, local
higher education at Santa Barbara City College.
The undersigned authors of the argument in favor of Ballot Measure
S2014 at the Consolidated General Election for the Santa Barbara
Community College District to be held on November 4, 2014 hereby
state that such argument is true and correct to the best of their
knowledge and belief.
/s/ Dr. Dave Cash, Superintendent Santa Barbara Unified School
District
/s/ Jean Blois, Former Mayor, City of Goleta
Santa Barbara County Taxpayers Association
/s/ Lanny Ebenstein, Education Chair
/s/ Victoria Juarez, Executive Director, Girls Inc. of Carpinteria
/s/ Pamela M. Lopker, President, QAD, Inc.
REBUTTAL TO ARGUMENT IN FAVOR OF
MEASURE S2014
SANTA BARBARA COMMUNITY COLLEGE DISTRICT
Proponents of these latest SBCC Bonds (Measure S) want you to pay
over ONE-HALF BILLION DOLLARS for them.
Just six years ago, you authorized SBCC to issue $77 Million in bonds.
Much of this money has still not been used!
Those bonds of 2008 were not prioritized to meet alleged academic
infrastructure needs but were spent on collateral, non-academic
structures such a stadium press box renovation. If you approve
Measure S, this will happen again!
$56 million of these Measure S bonds are quietly being earmarked for
non-academic athletic facilities, such an Aquatics Center and Sports
Pavilion.
The cost of Measure S will exceed ONE-HALF BILLION DOLLARS.
This money will be paid for only by SBCC district residents from the
Ventura County line to Gaviota.
Yet as many as 12,000 students a year come from outside the district,
outside the state, outside the US.
Barely half transfer or graduate within three years.
SBCC encourages a lingering outside population of thousands which
decreases available housing, increases rents and places high demands
on social services.
Should the residents inside the SBCC District pay over ONE-HALF
BILLION DOLLARS for the educational needs of 750,000 outside the
district students over the next 25 years?
These bonds will increase commercial and residential rents as landlords
pass on their cost to renters.
Sadly, this community college has lost its way and is no longer serving
our own community.
Look at all the facts and you will vote NO on Measure $.
for more information: http:VoteNoOnS.org
The undersigned author of the rebuttal to the argument in favor of Ballot
Measure S2014 at the Consolidated General Election for the Santa
Barbara Community College District to be held on November 4, 2014
hereby state that such argument is true and correct to the best of his
knowledge and belief.
/s/ Ernie Salomon
SR 000-000

PR-9005-3
ARGUMENT AGAINST
MEASURE S2014
SANTA BARBARA COMMUNITY COLLEGE DISTRICT
In 2008 SBCC promised the passage of bond Measure V
would address the Long-Term Facilities Plan needs of SBCC and that
no money raised by it would be spent on projects other than those listed
in the proposal.
Instead, upon passage of Measure V SBCC used the funds it
provided to build facilities not mentioned in the ballot and certainly
collateral to its education mission, most egregiously a multi-million dollar
stadium/press box renewal rather than needed classroom
improvements. This bait and switch was made possible by advice from
bond counsel that the funds could be used for projects of the type
described in the ballot and referenced in the Plan kept in the SBCC
Presidents Office. SBCC also decided not to fund projects described in
the measure, at least in part for the strategic reason that funding for
these projects could be obtained elsewhere or from a subsequent bond
issue.
Now, as strategized, SBCC returns to ask for more bonds
and promises to do much of what it failed to do with the revenue
taxpayers provided with Measure V.
This sort of trickery has to be stopped.
SBCC needs the imposed discipline to act responsibly with
money it is generously provided by locals.
SBCC needs a reminder that a community college is primarily
meant for the functional and mundane purpose of providing a good
education for committed students in transition to four year institutions or
those in training for skilled trades. It should not cater to student tourism.
SBCC needs to honor the long standing tradition of providing
affordable and stimulating classes for residents looking to expand their
intellectual and artistic ambitions.
A No Vote on Measure S will bring focus to SBCC, a more
disciplined ministry of our tax money, and push SBCC to return to local
service.
The undersigned author of the argument against Ballot Measure S2014
at the Consolidated General Election for the Santa Barbara Community
College District to be held on November 4, 2014, hereby states that
such argument is true and correct to the best of his knowledge and
belief.
/s/ Glen Freeman Mowrer
REBUTTAL TO ARGUMENT AGAINST
MEASURE S2014
SANTA BARBARA COMMUNITY COLLEGE DISTRICT
Santa Barbara City College is a vital resource for our community. Our
local students rely on City College to provide a high-quality, affordable,
local education.
City College has a proven track record of success. Annual audits have
shown that Measure V bond funds have been used to benefit local
students, including modernization of classroom buildings to replace
outdated technology and replacing aging portables with permanent
buildings to meet current safety codes. The Citizens Oversight
Committee has provided regular, positive updates to the community
showing transparency about the judicious use of Measure V bond funds.
In order to maintain its excellent educational programs and ensure
continued access for local students, now is the time to invest in the
future of City College.
Measure S is needed now:
City College is the primary option for local, affordable access
to higher education. Nearly half of all local high school
graduates rely on SBCC for higher education or career
preparation and advancement. 2,000 local students in our
high schools take SBCC credit courses every term.
We must update academic, science, engineering, technology,
healthcare and vocational classrooms and labs some 40-
80 years old to help students prepare for careers and
transfer to four-year universities.
Replacing leaky roofs and modernizing decaying, aging
facilities is essential to ensure ongoing excellence in our
academic and career preparation programs for the 21st
century and to meet current safety codes.
Please join us: Vote Yes on S to maintain high-quality, affordable, local
higher education at Santa Barbara City College.
The undersigned authors of the rebuttal to the argument against Ballot
Measure S2014 at the Consolidated General Election for the Santa
Barbara Community College District to be held on November 4, 2014,
hereby states that such argument is true and correct to the best of their
knowledge and belief.
/s/ H. Edward Heron, Past Chairman, Measure V Oversight Committee
/s/ Peter R. MacDougall, President Emeritus, Santa Barbara City
College
/s/ Gregg Hart, Santa Barbara City Councilmember
/s/ Kimberly Monda, Ph.D., Academic Senate President, SBCC
/s/ S. Monique Limn, Board Member, Santa Barbara Unified School
District
SR 000-000