Bonds & Committees
PGUSD currently has 3 bonds: Measure A, Measure D and Measure B. See the General Obligation Bonds page for more information on each of these bonds including what they are used for and how they are tracked.
What is a Bond Measure?
What is a Bond Measure?
What is a Bond Measure?
A bond measure is how a California public school district asks its community for authorization to borrow money to pay for capital expenditures.
Voter-approved bond funds can be spent on new construction, additions, remodeling, site improvements, athletic facilities, playgrounds, buses, furnishings, equipment, and technology. Funds raised through the sale of bonds cannot be used on operational expenses such as employee salaries and benefits (unless a position is created specifically related to supporting the bond), school supplies, and textbooks.
Bond funds must be kept separate from operating funds and must be audited by an independent auditing firm.
What is the tax rate extension?
What is the tax rate extension?
What is the tax rate extension?
A tax rate extension will allow the District to make improvements with no projected increase in current tax rates. Funds to repay the bonds come from a tax on all taxable property – residential, commercial, agricultural and industrial – located within the District.
What taxpayer protections are in Place?
What taxpayer protections are in Place?
What taxpayer protections are in Place?
All bond measure includes legal safeguards requiring all funds to be spent on our local schools. Funds are prohibited from being used for general operating expenses. An independent Citizens’ Oversight Committee must review all bond expenditures. All bonds include legal safeguards requiring all bond funds to be spent on our local schools and prohibits the state from taking and spending the funds in other districts.
