| Item Title: | Facilities Bonds: Measure I and Measure B Update (10 Mins/Information) |
| Item Type: | Information |
| Background: | Measure I, a facilities bond, was approved by the citizens of Alameda in November 2014. Measure I authorized the District to issue General Obligation Bonds (GO Bonds) up to $179.5 million. Measure B, also a facilities bond, was approved by the citizens of Alameda in June 2022. Measure B authorized the District to issue General Obligation Bonds up to $298 million.
Tonight, staff will review the outstanding and in-process projects funded by Measure I and update the Board and community on the upcoming projects to be funded by Measure B. |
| AUSD LCAP Goals: | 4. Ensure that all students have access to basic services. |
| Fund Codes: | 21 Building – Bond Fund |
Fiscal Analysis
Amount (Savings) (Cost): |
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| Recommendation: | This item is presented for information only. |
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| AUSD Guiding Principle: | #3 - Administrators must have the knowledge, leadership skills and ability to ensure student success.| #5 - Accountability, transparency, and trust are necessary at all levels of the organization.| #6 - Allocation of funds must support our vision, mission, and guiding principles. |
| Submitted By: | Shariq Khan, Assistant Superintendent of Business Services |