San Ramon Valley voters were split on whether to vote in Measure D, a $260 million school bond that will dedicate funds specifically to schools in the San Ramon Valley Unified School District. The bond passed with 55.19 percent of the vote.
San Ramon Valley Unified officials attended an election party at Bridges Golf Club in San Ramon, hopeful that the measure would pass. The third bond in 14 years, Measure D will cost homeowners approximately $27.75 per $100,000 of assessed value and be used to finance construction, reconstruction, rehabilitation, or replacement of school facilities.
"It's hard to tell if we will get the 55 percent needed," Community Relations Coordinator Terry Koehne said Tuesday night, when the Measure was 4 percentage points shy of passing.
Koehne estimated that Proposition 30, which passed by 59.46 percent, would save SRVUSD approximately $20 million in cuts. Thirty will temporarily increase sales taxes by one-fourth of a cent per dollar and raise income taxes for people who earn more than $250,000 per year. The estimated $6 billion raised annually would be devoted to education, including 89 percent to public schools.
The district is hopeful about the efficacy of
"If 30 passed, it would have a tremendous effect on our district. Although there would be no extra dollars, it would mean a significant impactů (otherwise) we would have to cut the school year by 10 to 15 days," Koehne said. "It leaves funding at a status quo."
The measure approves the sale of bonds, with the proceeds used to finance construction, reconstruction, rehabilitation, or replacement of school facilities. The bond proceeds could also be used for furnishing and equipping of school facilities and the acquisition or lease of property and construction of a new school in Dougherty Valley.
The third bond in 14 years, Measure D was a hotly contested issue for months. Opponents claimed D would cost $75 annually per $100,000 of assessed value, or about $375 for a home assessed at $500,000, and said the estimates are not binding upon the district.
Three people were in the running for two seats on SRVUSD's Board of Education, including incumbent and Board President Greg Marvel. Two Danville residents, Mark Jewett and Dwight Winn, entered the race and remained close in the polls through much of Tuesday night.
Jewett -- who has a background in finance and accounting and holds degrees in quantitative economics and decision sciences, accounting and business taxation led with 38.93 percent of the vote. Marvel garnered approximately 25,680 (or 37.15 percent) votes while Winn, a former IBM and NUMMI employee, lost with 23,66 percent.
A majority of residents voted in favor of Measure A, the $11 per parcel tax for the Contra Costa Community College District. Although the measure received 68.84 percent of the vote, it did not reach the two-thirds threshold required for a parcel tax.