Neighborhood Elementary Schools Repair Measure: "To improve student safety, repair and upgrade every neighborhood elemntary school, shall El Monte City School District upgrade classrooms to meet current teaching and safety standards, electrical wiring for technology and security systems, install energy efficient classroom heating, cooling and ventilation systems, repair, construct, acquire, equip permanent classrooms, restrooms, sites and facilities, by issuing $50 million in bonds at legal rates, with guaranteed annual independent financial audits, citizen oversight, and no money for administrators' salaries?"

The Board of Education of the El Monte City School District has evaluated the age of El Monte's schools, the critical need for new permanent classrooms and new, energy efficient heating, cooling and ventilation systems in all classrooms, as well as safety, class size reduction, and information technology needs in developing the scope of school facility projects to be funded. The Board has further prioritized key health and safety needs so that the most critical needs at each school within the District are addressed. The projects were identified with the input of teachers, school site staff, community members and local business leaders.

Projects
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Listed repairs, rehabilitation projects and upgrades will be completed as needed at a particular site. Each project is assumed to include its share of equipment, furniture, architectural, engineering, and similar planning costs, construction management, and a customary contingency for unforeseen design and construction costs. The allocation of bond proceeds will be affected by the District's receipt of State matching funds and the final costs of each project. The budget for each project is an estimate and may be affected by factors beyond the District's control. The final cost of each project will be determined as plans are finalized, construction bids are awarded, and projects are completed.

Fiscal Accountability: The expenditure of bond money on these projects are subject to stringent financial accountability requirements. Performance and financial audits will be performed annually, and all bond expenditures will be monitored by an independent Citizens' Oversight Committee to ensure that funds are spent as promised and specified.

No Administrator Salaries. Proceeds from the sale of the bonds authorized by this proposition shall be used only for the construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, and not for any other purpose, including teacher and administrator salaries and other operating expenses. By law, all funds can only be spent on repair and improvement projects.