Measure A Ed-Tech Bond
On November 4, 2014, the voters with the Pacific Grove Unified School District approved an $18 million General Obligation Bond to be used for Education Technology. Each property may be charged a maximum of $17.96 per $100,000 of assessed valuation over 18 years. Measure A was approved by voters with 59.79% of the vote.
The bond measure is intended to pay for technology-related projects and improvements including:
- Increasing student access to computer technology
- Upgrading instructional hardware educational software/digital curriculum
- Supporting the implementation of a multiyear, District-wide educational technology plan
- Improving classroom and campus security systems
- Implementing student data management systems to facilitate improved student achievement
The bond funds are released in six separate series, approximately $3 million every three years, over a period of 18 years. The first issuance, Series A, was released in the 2014-15 fiscal year. The district is currently working under the remainder of the third series of funds - Series C. As the assessed valuations of the properties within the district’s attendance boundary increase, the maximum allowable funding for each series will also increase.
Audits
Audits
Audits
3rd party organizations analyze the Financial validity and Performance of the bond to ensure the monies are being spent in accordance with the bond language.
