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Board moves forward with feasibility research on possible bond-extension that could raise ~ $210M without increasing current tax bills
Summary
Trustees voted 3–2 to authorize voter research and feasibility work on a potential Prop 39 facilities bond tax-rate extension; consultants said continuing the district's current tax rate could raise about $210 million and that initial polling would cost roughly $50,000.
The Vallejo City Unified School District board voted to start feasibility work and community outreach for a possible Prop 39 facilities bond on Jan. 14, approving an initial exploratory phase by a 3–2 margin.
Consultants from Team Civics and ISM Advisors told the board that a Prop 39 measure (55% approval threshold) could be structured as a tax-rate extension that maintains the district’s existing local tax rate (roughly $75 per $100,000 of assessed value) rather than increasing what current property owners pay. Jeff Pickett of ISM Advisors said that…
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