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`s � ,a- 9 <br /> ARGUMENTS IN SUPPORT OF OR IN OPPOSITION TO THE PROPOSED LAWS AFiE THE OPIN�ONS OF THE AUTHORS <br /> REDWOOD CITY SCHOOL DISTRICT <br /> MEASURE V ' <br /> "ln order to maintain and improve quality educational programs;attract and retain quality teachers;maintain library programs;improve math and science <br /> programs;maintain music classes;preserve small class size;and provide special needs programs;shall the Redwood Ciry School District levy a parcel <br /> tax for 5 yeazs on commerciallindustrial property square footage;and on residences of$85 per pazcel with an exemption for seniors 65 years and older, <br /> with mandatory citizen oversight?° <br /> FULL TEXT purposes listed shall be proportionate to the actual sum by applying the <br /> REDWOOD CITY SCHOOL DISTRICT percentages shown. <br /> FUNDING FOR CLASSROOM EDUCATION EXCELLENCE ACT OF Senior Citizen Exemption. In order to provide tax relief to senior <br /> 2005 citizens in the community,any residential pazcel owned and occupied by a <br /> person 65 years of age or older shall be exempt from the Funding for <br /> This Proposition may be known and refened to as the Classroom Education Excellence Ta�c upon proper application to the <br /> "Redwood City School District Funding for Classroom Education District. The exempdon shall be available pursuant to procedures to be <br /> Excellence Act of 2005"or as"Measure V." prescribed by the Board of Education or otherwise as required by law or <br /> TERMS OF THE by the San Mateo County Tax Collector. <br /> FUNDING FOR CLASSROOM EDUCATION EXCELLENCE,A�T ACCOUNTABILITY PROVISIONS <br /> Terms and Pur�oses. Upon approval of two-thirds of those voting Annua] Au�(. Upon the levy and collection of the Funding for <br /> on this measure,the District shall be authorized ro levy a qualified specia] Classroom Education Excellence Tax,the Boazd of Education shall cause <br /> tax of: an account to be established for deposit of the proceeds. For so long as any <br /> i) $85 per year for five (5) years on each parcel of taxable proceeds of the Funding for Classroom Education Excellence Tax remain <br /> residential real property in the District containing less than five unexpended, the Superintendent or chief financial officer of the District <br /> dwelling units,commencing July 1,2005; shall cause a report to be filed with the Board of Education no later than <br /> ii) $85 per year for five(5)years on each parcel of taxable vacant December 31 of each year, commencing December 31, 2005, stating <br /> real property in the District, commencing July 1, 2005; (1) the amount of Funding for Classroom Education Excellence Tax <br /> iii) �200 per year for five (5) yeazs on each parcel of taxable received and expended in such yeaz,and(2)the description and status of <br /> commercial or industrial real property in the District whose area che programs funded from proceeds of the tax.The report may relate to the <br /> is 14.999 square feet or less,commencing)uly 1,2005; calendaz year, fiscal yeaz, or other appropriate annual period, as the <br /> iv) $750 per yeaz for five (5) years on each parcel of taxable Superintendent shall determine,and may be incorporated into or filed with , <br /> commercial or industrial real property in the District whose azea the annua]budget,audit,or other appropriate routine report to the Board of <br /> is greater than 14,999 square feet but less than 25,000 square feet, Education. <br /> commencing July 1,2005; Soecific Purposes. All of the purposes named in the measure shal] <br /> vj $1.000 per year for five (5) years on each parcel of taxable constitute the specific purposes of the Funding for Classroom Education <br /> commercial or industrial real propeRy in the District whose azea is Excellence Ta�c, and proceeds of the tax shall be applied only for such <br /> equal to or greater than 25,000 square feet but less than 45,000 <br /> square fee[,commencing July 1,2005; purposes. <br /> vij $Z.500 per year for five (5) years on each pazcel of taxable Independent Citizens' Oversight Committee. If this proposition is <br /> commercial or industrial real property in the District whose azea is approved by the voters,then within 60 days of the date when the results of <br /> equal to or grea[er than 45,000 square feet,commencing)uly 1,2005. the election appear in the minutes of the Board of Education,the Boazd of <br /> Education shall establish an independent Citizens'Oversight Committee to <br /> The qualified special tax shall be known and referred to as the ensure that the proceeds of the ta�c are expended only for the purposes <br /> "Funding for Classroom Education Excellence Tax". Proceeds of the tax named in the measure. <br /> shall be authorized to be used for District uses as follows: Aoorooriations Limit. The Board of Education shall provide in <br /> ANTICIPATED each yeaz (pursuant to Section 7902.1 of the Government Code or any <br /> PURPOSE PROCEEDS successor provision of law)for any increase in the District's appropriations <br /> Maintain School Library Programs (23.71%) $ 793,000 limit as shall be necessary to ensure that proceeds of the Funding for <br /> Maintain Reading and Math Classroom Education Excellence Tax, and of all qualified special taxes <br /> Intervention Programs ( 8.85%) 296,000 levied by the District, may be spent for die authorized purposes, and an <br /> Maintain Music Programs (14.66%) 490,000 election sha11 be conducted by the District for such purpose only if required <br /> Preserve Small Class Size (31.46%) 1,052,000 by the general laws of the State applicable to school district qualified <br /> Re-institute Advanced Teacher special taxes. <br /> Development Programs (11.60%) 388,000 �EVY AND COLLECTION <br /> Maintain Gifted and Talented Program and <br /> Middle Years Intervention Program ( 9.72%) 325,000 The Funding for Classroom Education Excellence Tax shall be <br /> collected by the San Mateo County tax collection officials at the same time <br /> TOTAL (100%) $3,344,000 and in the same manner,and shall be subject to the same penalties,as ad <br /> valorem property taxes collected by the San Mateo County[ax collection <br /> Should the proceeds of the tax be a tota] sum that is different than officials. Unpaid ta�ces shall bear interest at the same rate as Ihe rate for <br /> the anticipated $3.344.000, then the amounts expended for each of the unpaid ad valorem property taxes unti]paid. The collection of[he Funding <br /> 3 <br />