General Obligation Bonds
Measure D
Measure D
Measure D
What is it?
Measure D is a general obligation (GO) bond measure on the March 3, 2020, primary election ballot. Approved by over 55 percent of District voters, the measure authorizes $30 million of locally controlled funds to repair and modernize aging schools and classrooms throughout the Pacific Grove Unified School District, with no projected increase in current tax rates.
Why it is needed?
Pacific Grove schools are among our community’s most valuable assets. The District Board believes the state has fallen short in providing adequate funding to maintain and improve our children’s schools. This measure addressed that problem by providing a fiscally prudent source of locally controlled funds that cannot be taken by the state and spent elsewhere. Measure D also qualifies the District for millions of dollars of state matching funds that would otherwise be unavailable.
What is the cost?
The measure’s average annual tax rate is estimated to be less than $0.03 per $100 of assessed valuation. This amount will be an extension of the current tax rate with no projected increase in current taxes.
What was on the Ballot?
The ballot full text is available.
How is the money being spent?
See how each series of funding is helping PGUSD repair and monderize our schools & classrooms.
Are there any 3rd party audits occurring?
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.
Measure B
Measure B
Measure B
Measure B is a general obligation (GO) bond measure which was on the November 5, 2024 Presidential Election ballot, full ballot text. It was approved by at least 55% of ballots cast, Measure B is expected to extend but not increase the district’s current tax rate to authorize $78 million in bonds to make critical renovations and modernize schools and classrooms throughout the Pacific Grove Unified School District. In addition, voter approval of Measure B has allowed the district to qualify for state matching funds.
Public Forum held September 25, 2024
How is the money being spent?
Measure A
Measure A
Measure A
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.
More information can be found on the Measure A Overview Page and the PG Tech Committee page.
