Measure O General Obligation Bond
What is Measure O?
The MUSD Board of Education approved Resolution 2024-34 on July 26, 2024. The resolution calls for an election to issue a $90.0 million general obligation bond for the Martinez Unified School District. The following statement will be on the November 5, 2024 ballot:
To modernize/construct classrooms and school facilities; make health and safety improvements; construct career/technical education classrooms; renovate facilities at Martinez adult education, junior and senior high schools; shall the Martinez Unified School District measure authorizing $90,000,000 in bonds, at legal interest rates, and levying approximately $38.40 per $100,000 of assessed valuation (raising $5,800,000 annually) while bonds are outstanding, be adopted, with a board appointed citizens’ oversight committee and annual independent audits to assure proper expenditure of funds?
