What is a general obligation (G.O.) bond?
G.O. bonds fund projects such as the renovation of existing classrooms and school facilities, as well as construction of new schools and classrooms. Similar to a home loan, G.O. bonds are typically repaid over 30 years. The loan repayment comes from a tax on all taxable property, both residential and commercial, located within the District's boundaries.
G.O. bonds fund projects such as the renovation of existing classrooms and school facilities, as well as construction of new schools and classrooms. Similar to a home loan, G.O. bonds are typically repaid over 30 years. The loan repayment comes from a tax on all taxable property, both residential and commercial, located within the District's boundaries.
Status of PVPUSD Facilities
The Facilities Advisory Committee (FAC) began its work this past Spring to update the costs of the 2017 Facilities Master Plan and to prioritize facilities projects related to safety, security and modernization. The FAC presented its report to the Board of Education October 10, 2019, and included with that report updated costing information from Cumming USA (view report). The Board of Education further considered the FAC information at its meeting on October 24, 2019 resulting in a final list of prioritized projects.
Learn more about PVPUSD current facilities issues as well as the history of modernization efforts by clicking here.
The Facilities Advisory Committee (FAC) began its work this past Spring to update the costs of the 2017 Facilities Master Plan and to prioritize facilities projects related to safety, security and modernization. The FAC presented its report to the Board of Education October 10, 2019, and included with that report updated costing information from Cumming USA (view report). The Board of Education further considered the FAC information at its meeting on October 24, 2019 resulting in a final list of prioritized projects.
Learn more about PVPUSD current facilities issues as well as the history of modernization efforts by clicking here.
If the bond is passed, when will construction begin and how long will the work take to complete?
Some projects could begin right away, others would require approval from various offices and could take longer.
Some projects could begin right away, others would require approval from various offices and could take longer.
Who is eligible to vote on MEASURE PV?
All voters registered within the PVPUSD boundaries will be eligible to cast a ballot on Measure PV. The last day to register to vote for the March 3rd, 2020 election is February 18, 2020. The last day to request an absentee ballot is February 25th, 2020. Measure PV must get 55% in favor to be approved.
All voters registered within the PVPUSD boundaries will be eligible to cast a ballot on Measure PV. The last day to register to vote for the March 3rd, 2020 election is February 18, 2020. The last day to request an absentee ballot is February 25th, 2020. Measure PV must get 55% in favor to be approved.