Voters to decide outcome of Measure K - $107M in bonds for Lake Tahoe Unified School District
Submitted by paula on Sun, 09/04/2022 - 12:55am
- Updating inadequate electrical systems
- Replacing outdated heating, ventilation, and air-conditioning systems
- Making health, safety, and handicapped accessibility improvements
- Replacing deteriorating plumbing systems
- Improving and modernizing learning environments to support today’s student
Event Date:
September 14, 2022 - 5:30pm
SOUTH LAKE TAHOE, Calif. - Voters will find Measure K on their ballots on November 8, a bond measure to raise $107M to upgrade aging facilities in Lake Tahoe Unified School District (LTUSD).
If passed by at least 55 percent of the voters, Measure K will:
- Safety improvements to ensure safe school sites
- Updating inadequate electrical systems
- Replacing outdated heating, ventilation, and air-conditioning systems
- Making health, safety, and handicapped accessibility improvements
- Replacing deteriorating plumbing systems
- Improving and modernizing learning environments to support today’s student
If approved, the bonds would generate an average of $5.7M annually for use on the above items. Proceeds from the sale of bonds cannot be used for teacher or administrator salaries or other school operating expenses, nor can they be used anywhere but LTUSD.
The measure will cost homeowners approximately 3.5 cents per $100 assessed value of their home, with the total being added to property taxes or $35 per $100,000 (a home assessed at $500,000 would have an extra $175 added to their tax bill if Measure K passes). Measure K will come with a requirement of annual audits and an independent citizens oversight committee.
The South Tahoe Chamber of Commerce and the South Tahoe Association of Realtors (STAR) are hosting a presentation on the school bond measure b LTUSD Superintendent Dr. Todd Cutler. All members and the public are invited. It will be held on September 14 from 5:30 p.m. to 8 p.m. at the STAR meeting room at 2307 James Ave., South Lake Tahoe.
LTUSD says the classrooms and buildings in the district need to be upgraded in order to provide all students with safe and modern learning environments that are needed to succeed.
During the last school year, LTUSD staff and the Board of Trustees worked on a Facilities Master Plan with needs assessment and related priorities identified.
#1 Priority - Health & Safety improvements district-wide
#2 Priority - Improve classroom environments to meet safety, technological, and educational standards
South Lake Tahoe voters turned down Measure A in June 2008, an LTUSD $87M bond proposal that would have cost taxpayers 3.87 cents per $100 of assessed value. 52.28 percent of the voters approved it, but 55 percent was required. Then in November 2008, voters approved Measure G which asked for $64.5M for school upgrades. It passed with 59.42 percent of the vote. Those funds were mainly used to upgrade South Tahoe High School.
To see the LTUSD Measure K page with details and a copy of each school's master plan, visit https://www.ltusd.org/b_o_n_d_m_e_a_s_u_r_e_k/2022_measure_k_school_bond_overview.