Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Mid-cap funds are hot with investors. What’s driving the rush and should you invest now? Here’s what fund managers say
    • Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?
    • Why mutual fund investors often earn less than the fund’s reported return
    • CI Global Asset Management Launches Global Small/Mid-Cap and International Growth Equity Mandates, Providing New Diversification Options for Mutual Fund and ETF Investors
    • US treasury secretary hails government’s bond buyback a success | US economy
    • US treasury secretary hails government’s buy back of bonds a success | US economy
    • Warren Buffett’s 1969 warning for mutual fund investors: What if your star fund manager quits? – Money News
    • 3 Defence Mutual Funds to Keep an Eye on in 2027 – Money Insights News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»No on all 10 Orange County school bonds, Measures G through P – Orange County Register
    Bonds

    No on all 10 Orange County school bonds, Measures G through P – Orange County Register

    October 12, 2024


    Orange County voters this election face down 10 school bonds, Measures G through P, paid for by increases in property taxes. We recommend a No vote on each. We earlier also recommended a No vote on Proposition 2, the $10 billion statewide school bond that would add $500 million a year to the state’s budget deficit.

    All Californians are overtaxed and the ongoing inflation, caused by too much spending at all government levels, has burst family budgets. Average spending for California K-12 schools also has risen to $23,878 per pupil for fiscal year 2024-25, or $716,340 for a class of 30. There’s plenty of money for schools. It’s just misspent.

    The property tax boosts will be passed on as higher mortgage costs or rents, worsening the ongoing housing and homeless crises. These bonds honestly ought to be called “tax-increase bonds.” Instead, they use such uplifting titles as “Classroom improvement measure” and “Safe and modern schools measure.” 

    Moreover, most bonds use “per $100,000 of assessed valuation” in estimating the hit to property owners, as if this were 1984. It’s 2024. So we’ll translate that into the average home value in each city named, as listed on Zillow.com. Worse, Measures I, J, K and M use “3¢ per $100 assessed value,” as if people lived in dog houses. That’s just dishonest.

    Measure G, Rancho Santiago Community College District, Affordable Education, Career, Repair, Safety Measure, would spend $46 million. Using Santa Ana’s average house price of $817,115, a homeowner’s tax increase could be $208 a year. Vote No.

    Measure H, Brea Olinda Unified School District Improvement Measure, would spend $160 million. Using Brea’s average home price of $1.1 million, a homeowner’s tax increase could be $429 a year. Vote No.

    Measure I, Santa Ana Unified School District, Classroom Improvement Measure, would spend $355 million. Using Santa Ana’s average house price of $817,115, a homeowner’s tax increase could be $245 a year. Vote No.

    Measure J, Tustin Unified School District, Classroom Repair/Safety/ Quality Education Measure, would spend $261 million. Using Tustin’s average house price of $1.1 million, a homeowner’s tax increase could be $330 a year. Vote No.

    Measure K, Anaheim Union High School District, Classroom/School Repair, Quality Education, Career Readiness Measure, would spend $496 million. Using Anaheim’s average home price of $908,955, a homeowner’s tax increase could be $273 a year. Vote No.

    Measure L, Fullerton Joint Union High School District, Local High School Improvement Measure, would spend $284 million. Using Fullerton’s average home price of $1 million, a homeowner’s tax increase could be $210 a year. Vote No.

    Measure M, Buena Park School District, School Safety, Renovation and Construction Measure, would spend $84 million. Using Buena Park’s average home price of $901,835, a homeowner’s tax increase could be $271 a year. Vote No.

    Measure N, Fullerton School District, Fullerton Elementary School District Repair, Upgrade and Safe Educational Facilities Measure, would spend $262 million. Using Fullerton’s average home price of $1 million, a homeowner’s tax increase could be $300 a year. Vote No.

    Measure O, La Habra City School District, Bond Measure, would spend $73 million. Using La Habra’s average home price of $861,174, a homeowner’s tax increase could be $215 a year. Vote No.

    Measure P, Lowell Joint School District, Safe and Modern Schools Measure, would spend $54 million. Using La Habra’s average home price of $861,174, a homeowner’s tax increase could be $258. Vote No.

    Originally Published: October 12, 2024 at 8:51 a.m.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    US treasury secretary hails government’s buy back of bonds a success | US economy

    September 15, 2026

    US treasury secretary hails government’s bond buyback a success | US economy

    September 15, 2026

    Wynn Macau Ltd lowers conversion price of US$600 million convertible bonds after interim dividend declaration – IAG

    September 15, 2026
    Leave A Reply Cancel Reply

    Top Posts

    What is an index fund?

    March 11, 2026

    Defiance ETFs Launches CAPA, the First U.S.-listed Capacitor & MLCC ETF

    August 26, 2026

    Mid-cap funds are hot with investors. What’s driving the rush and should you invest now? Here’s what fund managers say

    September 16, 2026

    US treasury secretary hails government’s bond buyback a success | US economy

    September 15, 2026
    Don't Miss
    Mutual Funds

    Mid-cap funds are hot with investors. What’s driving the rush and should you invest now? Here’s what fund managers say

    September 16, 2026

    Mid-cap mutual funds continue to attract investors even as valuations remain above their long-term averages.…

    Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    September 15, 2026

    Why mutual fund investors often earn less than the fund’s reported return

    September 15, 2026

    CI Global Asset Management Launches Global Small/Mid-Cap and International Growth Equity Mandates, Providing New Diversification Options for Mutual Fund and ETF Investors

    September 15, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    US spot Bitcoin ETFs set for biggest week in 6 after adding $1.1 billion in three days

    February 27, 2026

    Grant funds allow volunteers to clean 100+ headstones in Kansas City cemetery

    August 17, 2024

    PCY’s 6.3% yield beats emerging market bonds by 250 basis points this year

    April 24, 2026
    Our Picks

    Mid-cap funds are hot with investors. What’s driving the rush and should you invest now? Here’s what fund managers say

    September 16, 2026

    Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    September 15, 2026

    Why mutual fund investors often earn less than the fund’s reported return

    September 15, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.