Naturally, voters are asking, “How much will I pay under Measure I?”
The complicated nature of the calculation of taxes for these bond measures doesn’t help.
Measure I will levy a tax equal to $60 per $100,000 of assessed valuation of your property.
So, for every $100,000 of value assessed on your property (look up your tax bill), you will pay $60. Divide the assessed value of your home by $100,000 and multiple by $60.
Note that the previous tax bonds from Measure C, in 2004, are still being paid back, for decades to come, and that tax is still on your bill. That’s about $58 per $100,000 in assessed value, so Measure I will effectively double those taxes.
And both are on top of the parcel tax which AUSD passed in 2011 – the Measure I and Measure C taxes were used to issue bonds for maintenance, while the parcel tax in 2011 was used to generate funds for operating expenses (and to free up AUSD General Fund money for the Superintendent to hire assistants, move administrative offices to a fancy new building, etc.)
Using this table, below, you can roughly estimate your total tax bond burden – excluding the parcel tax – should Measure I pass.
Determine the assessed value of your home, and find the column with the amount closest to that value.
Vote No on I – No more student debt!