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Board asks voters to create a new vehicles and equipment reserve
Summary
Proposition 3 would create a new capital reserve for vehicles and equipment because the 2016 reserve expires after the 2025–26 fiscal year; presenters said creating a new reserve allows future funding without increasing taxes.
Presenter (S3) explained Proposition 3 would create a new capital reserve for vehicles and equipment to replace the 2016 reserve that reaches its 10‑year life at the end of 2025–26. She said the measure would enable the district to set aside funds in future years to pay for vehicle and equipment purchases without adding immediate tax burden.
The presenter emphasized this proposition also carries no taxpayer impact at adoption because it is a creation of a funding vehicle, not a transfer of new dollars; any future funding of the reserve would be subject to separate decisions and voter approval when required.
