October 09, 2010

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Belmont Schools Want Your Vote...And Your Money. Two measures are on the November ballot which would allow for assessments in Belmont to generate funds for school improvements. During difficult economic times, many people choose not to vote for increases to their parcel tax. We're not sure if there's ever been study showing a direct correlation between subsidizing school improvements and higher API achievement scores, or if it's strickly empirical evidence, but there certainly is ample evidence that homes in areas with great schools have higher property values. With these two measures on the ballot we're interested to see how people are considering voting--anonymously of course. Answering this short poll will allow you to see how others might cast their vote as well. Measures I and N from the San Francisco Examiner: Five schools in Belmont would get new classrooms, repairs to leaky roofs and other improvements if voters approve two bond measures on the November ballot totaling $70 million. Measure N would give the Belmont-Redwood Shores School District $35 million to spend on facilities at four Belmont elementary schools - Nesbit, Fox, Central and Cipriani. Measure I, a companion measure, would generate $25 million for Ralston Middle School. Both need a 55 percent majority vote to pass. Measure I would cost property owners about $11 per $100,000 of assessed value annually, and Measure N will cost about $27 per $100,000, according to the school district. *With the median price in Belmont at $850,000 right now that would mean an additional $110.50 per year. Measure N only impacts...

Drew Morgan

Sponsored by Drew & Christine Morgan"Helping People Make Good Decisions"smReal Estate Sales and ConsultingCarlmont Associates

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