Home Contra Costa County Community College District Approves Placing $450 Million Bond on June Ballot

Community College District Approves Placing $450 Million Bond on June Ballot

by ECT

Contra Costa Community College

The Contra Costa Community College District Board on Wednesday agreed to place a $450 million bond on the June Ballot to further update and build facilities.

The bond would require a 55% voter approval and as proposed in Resolution No. 57-D could cost homeowners up to $25 per year per $100,000 of assessed valuation of taxable property. However, according to exhibit B within the agenda packet, the District is estimating the actual cost to be around $13 per $100,000 of taxable income. Through 2020, they are assuming their would be no increase in annual tax rates levied.

If approved, this would be the third bond voters would agree to tax themselves on after a $120 million measure in 2002 and a $286.5 million one in 2006. Recent polling performed by EMC Research suggests that 67 percent of Contra Costa County voters would support a capital bond measure in the amount of $450M.

Projects within the bond are included at all colleges and district sites; here are a few projects:

  • Modernize the engineering technology building (Diablo Valley College)
  • Construct a new science and learning center complex (Diablo Valley College)
  • Modernize or construct a new art building (Diablo Valley College)
  • Modernize the physical education complex (Diablo Valley College)
  • Modernize the college complex building (Los Medanos)
  • Construct a new student activities building (Los Medanos)
  • Modernize the physical education, gym, and aquatics facilities (Los Medanos)

Some regional education center projects include:

  • Construct new Brentwood Center
  • Expend the San Ramon Center, but not limited to: expanded parking; expanded library services; and improvements to classrooms and labs for transfer and career technical programs.

A full list of the projects may be viewed in their agenda packet.

Editors Note:

According to Exhibit B in their agenda which is the Tax Rate Statement the District highlights their “best estimate” for the highest amount that would be levied is $13 per $100,000 up through 2020–they are not highlighting any inflation or increase in levied taxes.

Here are some examples of what you could pay based on home value assessments of $13 per $100,000.

  • $300,000 home: $39
  • $500,000 home: $65
  • $800.000 home: $104

Should the Community College District increase the tax rate levied to the maximum allowed of $25 per $100,000. The tax the becomes much higher.

  • $300,000 home: $75
  • $500,000 home: $125
  • $800.000 home: $200

Abbreviation of the Measure:

To upgrade educational facilities at Diablo Valley, Contra Costa, and Los Medanos Colleges, and the San Ramon and Brentwood centers, and help prepare students for jobs and college transfer by modernizing classrooms and labs, building facilities for health, medical, science, and technology training, and implementing earthquake safety, accessibility, and infrastructure improvements, shall the Contra Costa Community College District issue $450 million of bonds at legal interest rates with independent oversight , audits, and all funds spend on local sites.

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3 comments

College Student Feb 27, 2014 - 12:31 pm

I am confused, you and the CC Times are saying two things. They are saving $13 and you are saying it could be up to $25. Which is it? I would check your facts because if you have not been on campus in a while, there is a need for upgrades and more facilities.

JimSimmons42 Feb 27, 2014 - 12:32 pm

Sorry, but you are already collecting on two prior bonds. You will not get the support of a third bond from me.

B-Wood Feb 27, 2014 - 12:32 pm

Stupid, Stupid, Stupid! They really think we going to vote to have 3, yes THREE of their bonds on our property taxes in ADDITION to the percentage that they get from the base amount.

Just say NO!

Comments are closed.