The Palos Verdes Unified School District is asking voters to approve a property tax increase to fund $297.8 million in renovation and repair projects.
At least 55% of voters need to approve Measure SOS for it to pass.
Official title on the ballot: Palos Verdes Peninsula Unified School District Classroom Repair/Student Safety Measure.
You are being asked: Can Palos Verdes Peninsula Unified School District borrow $297.8 million to fund repairs, renovations and construction?
what your vote means
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A “yes” vote means: The district can borrow $297.8 million to construct new buildings, repair and renovate existing public schools
A “no” vote means: The district cannot borrow $297.8 million to construct new buildings, repair and renovate existing public schools.
Understanding Measure SOS
The Palos Verdes Peninsula Unified School District serves more than 10,000 students across 19 schools.
The district wants money to repair and renovate outdated classrooms, labs, and schools, repair and replace leaky roofs, failing electrical systems, deteriorating plumbing, sewer, and gas lines, and make earthquake, fire safety, and campus security improvements,
School districts rely on voters to approve statewide and local bonds to pay for repairs, renovations, and new construction. This year, Palos Verdes voters will decide whether to support one of each: the district’s Measure SOS and the statewide Proposition 2. (We’ve got a voter guide for that one, too.)
A bond is basically a loan that a school district takes out, and which property owners in that school district pay back through property taxes.
If at least 55% of voters approve Measure SOS, the Palos Verdes Peninsula Unified School District can issue up to $297.8 million in bonds to finance specific school facilities projects.
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The district told LAist in a survey that the top three priorities are:
- Fix failing pipes to prevent sewer and gas leaks
- Repair failing classrooms, restrooms, and school facilities
- Fix inadequate and failing electrical systems
“While the quality of education in our local schools is outstanding and PVPUSD does its best to maintain it, our schools, aging classrooms, science labs, and school facilities are failing and need urgent repairs,” Superintendent Devin Serrano told LAist.
Palos Verdes Peninsula voters turned down the $389.4 million Measure PV in 2020. Longtime PVPUSD Board Member Linda Reid said the district narrowed its project list and came back to voters with a smaller bond.
“If we don’t pass it now, then we’re just going to have to keep going out [for a bond] because it’s the only choice we have in California to fix our facilities that are broken,” Reid said.
Calculate the impact of Measure SOS on your property tax
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- Find your property’s assessed value on the L.A. County Assessor’s website.
- Divide your assessed value by $100,000 and multiply that number by $29.49.
- The resulting number is the estimate of the annual property tax increase associated with Measure SOS.
- Remember: Your property’s assessed value will change, but increases are limited to 2% per year, except when a property changes ownership or undergoes new construction.
- Rent? It’s possible that landlords pass increased property taxes on to tenants, but the limits on annual rent hikes depend on where you live.
The money borrowed through the measure would be paid back through a property tax. The district estimates the bond would cost property-owners that live within the school district’s boundaries an average of $29.49 per $100,000 of assessed value. There’s also a possibility that PVPUSD could get additional state funding if Prop. 2 passes.
Districts cannot spend bond money on employee salaries and are required to commission independent audits of bond spending.
What’s the impact of recent landslides?
Land movement beneath Rancho Palos Verdes has accelerated over the last two years and in recent months utility companies shut off power and gas to more than 200 homes. There are no schools in the areas currently impacted by the landslide.
The County Assessor is ultimately responsible for assessing property values, but Reid said the district does not anticipate a significant change to the bond.
“We’ve been focused … on accommodating the students from those houses to make sure if they need to transfer schools, they can do that, that they get the resources that they need,” Reid said.
What people who support school bonds say
Research links higher student achievement to better quality schools — it’s easier to learn in clean, climate-controlled, well-lit classrooms.
A burst pipe at a Palos Verdes Peninsula school.
Courtesy Palos Verdes Peninsula Unified School District
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In California, there’s no dedicated stream of funding to support the upkeep of the 10,000 public K-12 schools attended by 5.9 million students. The majority of the money schools receive from the state every year supports students, staff salaries and other day-to-day expenses.
Throughout the state, 38% of K-12 students go to schools that do not meet the minimum standard to be considered clean, safe, and functional.
If the state and local measures fail, the need for funding will remain.
“Those buildings are not going to magically renovate themselves while we’re waiting for a better bond,” said Sara Hinkley, the California program manager at the Center for Cities + Schools at UC Berkeley.
Rolling Hills Estates Mayor Velveth Schmitz, Rancho Palos Verdes Council Member Barbara Ferraro, and PVPUSD Board Vice President Linda Kurt are among those who submitted an argument in favor of the bond to the L.A. County Registrar-Recorder.
Read more:
Wasn’t the lottery supposed to fund education?
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The lottery does contribute money to public education — L.A. County alone has gotten $11 billion since 1985 — but as revenues ballooned in recent years, school funding stagnated.
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When California voters approved the creation of the lottery, the law required 34 cents of every dollar to fund education. In 2010 lawmakers changed the rules giving the lottery the mandate to “maximize” funding for education.
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Now there are bigger jackpots, but fewer dollars for schools. A 2018 LAist investigation found the lottery’s contributions had dropped to 23 cents per dollar.
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And in 2020, the California State Auditor found the lottery “has not provided required funding to education” and shorted schools tens of millions of dollars.
What critics of school bonds say
In general, critics of bonds often say the cost to property owners is too high and question why school districts with declining enrollment need money for construction when they’re serving fewer students.
The Howard Jarvis Taxpayers Association is a frequent opponent of state and local school bonds. The nonprofit is dedicated to upholding Prop. 13, the 1978 constitutional amendment that limited changes to California property taxes.
“We think bond financing has its place, but it should be judicious because it raises property taxes at the local level,” said Susan Shelley, HJTA’s vice president of communications.
The Association has not taken a position on specific local bonds other than LAUSD’s $9 billion Measure US (no) and on Prop. 2 (also no).
Shelley said voters weighing school bonds should carefully consider how the school spent previous bond funding and the plans for future projects.
“You should have confidence that the priorities are right,” Shelley said. “And if they’re not, say no and make [the district] come back to you with a better plan.”
Resident David Cross submitted an argument against the bond to the L.A. County Registrar-Recorder questioning the need for the funding and accountability.
Who is in charge of all this money?
State law lays out several accountability measures for local school district bonds, including:
- The creation of an independent bond oversight committee that includes:
- At least seven members
- Representatives of the business community, taxpayers, and parents. School district employees, vendors, contractors, and consultants cannot be appointed.
- Independent, annual performance audits of bond-funded projects and spending
Potential financial impact
A bond is basically a loan. The bond authorized by Measure SOS would be paid back — with interest — through local property taxes.
How long would construction take?
While districts identify projects that could benefit from improvements, that list is not a guarantee of which projects will be funded.
There are often years of community meetings, design, and permitting between the passage of a bond and the start of construction, though minor renovation projects could be completed sooner.
Palos Verdes Peninsula Unified School District voters passed two bonds in 2005: Measure R for $30 million and Measure S for $10 million.
The modernization and re-opening of Malaga Cove School is one example of a project founded by those measures.
Further reading
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