Rescue Union School District
Educating for the Future, Together
Measure K Bond (1998)
Proposition Statement
![]()
Proposition Statementtitle
“To construct and acquire permanent classrooms, restrooms, and school facilities; to install necessary sewer lines at Rescue Elementary; to upgrade aging heating and air conditioning systems and electrical wiring to accommodate computer technology at all schools; and to make necessary repairs complying with health and safety standards with no money going to salaries: shall the Rescue Union School District issue $27 million of bonds at the interest rate within the legal limit?”
Measure K History
![]()
Measure K Historytitle
- Prior to Measure K, RUSD in April 1994 and November 1995 placed bonds (2/3 approval) on the ballot that did not pass.
- The Measure K Bond was approved by 75.8% of voters on April 14, 1998
- The district estimated the assessment at $25.00 per $100,000
- The bond authorized up to $27,000,000 in funds.
- Bonds were issued in 1998 ($11.1M), 2005 ($14.2M - $5.5 M Refund of 1998), and 2007 ($6.8M).
- Refunding occurred in 2005 for the 1998 Bonds that saved taxpayers $4M
- Refunding occurred in 2013 for the 2005 Bonds that saved Taxpayers $466k
- Refunding occurred in 2016 for the 2007 Bonds that saved Taxpayers $112k
- All remaining proceeds from bond issuances have been fully expended as of December 31, 2017.
- Debt service for Measure K will be completed in September 2032.
Measure K Completed Projects
![]()
Measure K Completed Projectstitle
(With contributions from State, Mello Roos, and Developer Fee Funds)
- Lakeview Elementary School - $4M
- New Construction
- Pleasant Grove Middle School - $5M
- New Construction
- Kitchen / Gym
- Rescue Elementary School - $4M
- Sewer, water, and HVAC upgrades
- Rescue West (Kindergarten Wing and classrooms)
- Modernize Building A & B
- Marina Village Middle School - $3.5M
- New Admin / Library / Classroom Building
- Multi-Purpose Room
- Jackson Elementary School - $3M
- Modernize Building A, B, C and D Wing
- Multi-Purpose Room
- Lake Forest Elementary School (Completed in 1994) - $2.1M
- Debt Service for Construction of School
- Restroom upgrades
- Water to Portables
- Lighting
- Field
- Green Valley Elementary School - $3M
- Multi-Purpose Room
- New Classrooms / Kindergarten Wing
- District-wide Activities - $3.5 M
- Intercom / Clock / Bell System
- Energy Efficiency Lighting Retrofit
- Roofing Replacement
- HVAC Replacement
- Technology Projects
- District-wide Wireless System
- Network Equipment
- ADA Upgrades
- Ramps
- Walkways
- Paving
- Safety Upgrades
- Window Coverings
- Locks / Hardware
- Alarms
- Lighting
Copyright © 2019 Rescue Union School District and its licensors. All rights reserved. Website Developed By CatapultCMS™ & EMS™. | Log In