Measure A
Measure A - Measure A was approved by the voters in November of 2020. The purpose of Measure A is captured in the ballot language shown below:
“To upgrade classrooms and school facilities for safe in-person learning; improve campus security/ emergency communication systems; repair/replace aging electrical, heating/ventilation, roofs, and plumbing; and update job training facilities/equipment, shall Manteca Unified School District's measure be adopted authorizing $260,000,000 in bonds at legal rates, levying 4.5¢ per $100 assessed value, raising approximately $13,900,000 annually while bonds are outstanding, requiring independent oversight/audits and all funds benefiting local schools.”
$65,000,000 of Measure A Bonds have been issued to date. Since additional bonds still need to be issued it is unclear when the final bonds will mature. Based on the current issuance plan the final maturity for Measure A Bonds is likely to be around August of 2052. The timing, amount and length of future bonds sales is subject to changes based on market conditions and project needs.
Measure A Tax Rate 2022-23 = $44.70 per $100k of AV
Additional Links:
June 14, 2022: Measure A Oversight Committee Appointed by the Board