Our Debt of $1.448 Billion from Measure BB will be their spending!

Measure BB's $720 million in bonds equals $1.448 Billion in debt!   Bonds are debt just like a mortgage.  We will pay back the $720 million  in bond principal + interest/financing costs.  Buried far back in the Measure BB ballot language is the bond's total cost =  $1.448 Billion.

 

All of this money will be paid back by property tax payers, as Measure BB becomes the 5th SCUSD bond on our property taxes and the 18th special assessment added to our property taxes. 

SCUSD violates our trust with its reckless, indulgent spending!  We’re still indebted on the prior four district bonds because we believed it would help our kids’ have brighter outcomes, but those
student outcomes have held steady regardless of how much debt taxpayers incur. We pay generous Prop 13 base property taxes to provide a solid foundation for annual district operations, plus
pay for 4 prior bonds, and here we go again: with Measure BB proposing to heap an additional debt of $1.448 Billion onto district taxpayers.

When we trust the schools with our kids we have a real-time feedback  system in place: our kids! “What happened in school today?” we ask.  And they tell us. But with our money we don’t have any sort of feedback or accountability. With bond measures there’s no corrective interventions  if a year down the line we discover our child’s growth isn’t being nurtured.  We just keep paying. And paying. And paying.

Four times we have accepted that our kids’ futures are more precious  than our money. Truth. But it’s not an either-or situation. Measure BB's  additional debt of almost $1.5 Billion for 32 years doesn't help our kids -  it burdens the next generation as well as current homeowners and renters
with increased housing costs.  There are no exemptions from Measure BB's property tax increase, regardless of ability to pay.

We ask you to vote with us and vote NO on BB.