Measure U

Dixon Unified School District General Obligation Bond Measure

Measure U would authorize the District to issue and sell general obligation bonds in an aggregate principal amount not to exceed $49,000,000, at interest rates within legal limits. A corresponding property tax increase of an average annual tax rate of $29 per $100,000 of assessed valuation is required to fund this bond issue until fiscal year 2061-62. 

Measure U requires approval by at least 55 percent of the votes cast on the measure to pass. 

Fiscal Impact: According to the District’s Tax Rate Statement, the estimated average annual tax rate is $29 per $100,000 of assessed valuation, and the estimated highest tax rate is $30 per $100,000 of assessed valuation. The District estimates that taxes will be collected through fiscal year 2061-62 and that total debt service, including principal and interest, will be approximately $105,000,000. These amounts are estimates and may vary.

See Endorsements for Measure U
Background

Measure U was placed on the ballot by the Governing Board of the Dixon Unified School District to fund school facility projects including constructing and renovating classrooms and other school facilities; replacing deteriorating portable classrooms; repairing or replacing roofs, plumbing, sewer and gas lines, heating, ventilation, air-conditioning and electrical systems; making health, safety and seismic improvements; improving technology infrastructure; and constructing or renovating libraries, multipurpose rooms, cafeterias, athletic facilities, playgrounds and other school facilities.

Proposal

If approved, Measure U would authorize the District to issue and sell general obligation bonds in an aggregate principal amount not to exceed $49,000,000, at interest rates within legal limits. Bond proceeds would be used for school facility projects identified in the measure and the District would determine the priority and timing of projects, and approval of the measure does not guarantee that all listed projects will be completed.  

Principal and interest on the bonds would be paid by property taxes levied on taxable property within the District. According to the District’s Tax Rate Statement, the estimated average annual tax rate is $29 per $100,000 of assessed valuation, and the estimated highest tax rate is $30 per $100,000 of assessed valuation. The District estimates that taxes will be collected through fiscal year 2061-62 and that total debt service, including principal and interest, will be approximately $105,000,000. These amounts are estimates and may vary. 

Source: Impartial Analysis of Measure U

Solano County Election Resources