How much?

• Amount of general obligation bonds to be issued: $160 million
• Rate based on average assessed value, not market value
• Estimated tax rate per $100,000 of assessed value: $9.73
• On average, each property owner in the college’s service area will pay an additional $30 per year

Election facts

• Santa Clarita Community College District Board of Trustees voted (4-0) to move forward with a general obligation bond measure on Aug. 9, 2006
• Date of election: Tuesday, November 7, 2006
• Measure M received the required 55-percent majority in 147 of 150 voter precincts

Prop 39 requirements:

• Requires approval of 55 percent of the district’s voters
• Funds may not be used for administrative or faculty/staff salaries
• Requires a citizens’ oversight committee and financial audits
• All money will improve College of the Canyons -- nothing goes to the state

What is it for?

Measure M is needed to maintain and improve the high standard of education at College of the Canyons by:

• Adding classrooms for core classes
• Adding labs and improving technology to expand public safety and other skilled, high-demand professions
• Improving earthquake, security and fire safety
• Improving disables access
• Repairing plumbing, duct-work, roofs, walls and floors
• Helping secure millions of dollars in state matching funds that will otherwise be lost

College facts

• Student population now more than 18,000 per semester (2006)

• First classes: 1969
• Permanent campus opened: 1971
• AA/AS programs: 58
• Certificate programs: 40
• Satellite locations: ACCESS Centers located at: Canyon Country Library and Golden Valley High School
• Number of business partners: more than 300
• Intercollegiate sports: 16 (split equally amoung men and women)
• Faculty & staff: more than 800
• Transfer rate: highest of any community college in L.A. County
• High school student enrollees: More than 1000 high school students attend each year to get a head start on their college careers.
• Value: College of the Canyons provides top-quality, local higher education locally at a fraction of the cost of UC or CSU systems, saving tax dollars and tuition funds.
• Local economic impact: The college boosts the local economy, providing employers with well-trained professionals.
• College image: In recent surveys, the community gives the college very high ratings in meeting community needs for higher education.