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- $49,999,957
REDONDO BEACH UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Los Angeles County, California)
- $45,905,000
KERN COMMUNITY COLLEGE DISTRICT
REFUNDING CERTIFICATES OF PARTICIPATION
(Kern County, California)
- $8,000,000
ORLAND JOINT UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Counties of Glenn and Tehama, California)
- $65,000,000
STOCKTON UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(San Joaquin County, California)
- $117,190,000
GOLDEN EMPIRE SCHOOLS FINANCING AUTHORITY
2008 LEASE REVENUE REFUNDING NOTES
(Kern County, California)
- $7,999,828.50
ENTERPRISE ELEMENTARY SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Shasta County, California)
- $9,998,688
SISKIYOU JOINT COMMUNITY COLLEGE DISTRICT
GENERAL OBLIGATION BONDS
(Counties of Siskiyou and Shasta, California)
- $9,720,000
PACIFIC GROVE UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Monterey County, California)
- $40,000,000
HEMET UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Riverside County, California)
- $50,000,000
GAVILAN JOINT COMMUNITY COLLEGE DISTRICT
GENERAL OBLIGATION BONDS
(Santa Clara County, California)
- $100,000,000
PERALTA COMMUNITY COLLEGE DISTRICT
GENERAL OBLIGATION BONDS
(Alameda County, California)
- $47,275,000
KERN COMMUNITY COLLEGE DISTRICT
2007 REFUNDING CERTIFICATES OF PARTICIPATION
(Kern County, California)
- $42,000,000
PALM SPRINGS UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Riverside County, California)
- $8,499,984.80
DINUBA UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Tulare County, California)
- $11,545,000
EAST SIDE UNION HIGH SCHOOL DISTRICT
GENERAL OBLIGATION REFUNDING BONDS
(Santa Clara County, California)
- $19,997,738.75
EAST SIDE UNION HIGH SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Santa Clara County, California)
- $2,600,000
LOS OLIVOS SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Santa Barbara County, California)
- $23,650,000
SANTA BARBARA SCHOOLS FINANCING AUTHORITY
2007 GENERAL OBLIGATION REVENUE BONDS
(Santa Barbara County, California)
- $13,265,000
SANTA BARBARA SCHOOLS FINANCING AUTHORITY
2007 GENERAL OBLIGATION REVENUE BONDS
(Santa Barbara County, California)
- $60,000,000
STOCKTON UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(San Joaquin County, California)
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Divide and conquer?
Sometimes there’s no other choice. The truth is not every school district or community college district is a single, neatly packaged, homogeneous community. The needs and concerns of one part of a district may be 180 degrees apart from the their friends over the hill.
School Facility Improvement Districts can be a powerful tool in developing a winning general obligation bond election strategy in certain districts. They allow a district to design specific “financing districts’” to address the special needs of the specific communities within their boundaries.
After their formation, a bond election is held within these special boundaries to fund projects specifically used within the designated areas.
This ability to bring politics down to a more localized level can have a powerful impact. For example, after losing three straight district-wide elections, West Hills CCD brought in Dale Scott & Company and 8th Floor Campaigns. After significant survey and demographic research, we divided the District into three SFIDs. The first SFID was on the ballot in June 2008 and won overwhelmingly.
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