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Measure G - $195 Million Bond - 2014
 

Folsom School Facility Improvement District (SFID)
Map of SFID 5  

What is a School Facility Improvement District (SFID)?  

An SFID is a portion of the school district that is taxed through a general obligation (G.O.) bond based on the value of the property and approved by the voters in that portion of the district being taxed. When SFIDs were created in 1998, they required two-thirds voter approval. In July 2001, the Legislature added the option of a 55% voter approval threshold with the additional accountability provisions of Proposition 39.  Typically, SFIDs involve housing developments that create additional facility needs for the school district.  

The Folsom Cordova Unified School District established a new School Facilities Improvement District (SFID 5) at its June 19, 2014, board meeting.  SFID 5 is specific to the area within the City of Folsom, north of Highway 50.  The cost of new school construction south of Highway 50 would be paid for by SFID 3, with the bond funds approved in 2007.  

At the same meeting, the Board of Education authorized the placement of a $195 million general obligation bond (Measure G) for approval by voters in SFID 5 on the November 2014 ballot.  The following links (pdf) provide information about School Facilities Improvement District 5:

Folsom Facilities Needs - August 2014

Measure G Frequently Asked Questions

Resolution of Formation of SFID 5

Resolution Ordering Election

Resolution for School Bond Accountability and Transparency

Annual Report Performance Audit
  2015-2016 Performance Audit
2017-2018 Annual Report  2016-2017 Performance Audit
2018-2019 Annual Report 2017-2018 Performance Audit
2019-2020 Annual Report  2018-2019 Performance Audit
2020-2021 Annual Report 2019-2020 Performance Audit
2021-2022 Annual Report 2020-2021 Performance Audit
2022-2023 Annual Report 2021-2022 Performance Audit

 

 

 

 

 


Measure G Project Status: The status of Measure G projects can be found by clicking on the school site links below:

 Elementary School Sites Secondary School Sites
Alder Creek Elementary  Folsom Middle
Blanche Sprentz Elementary Sutter Middle
 Carl Sundahl Elementary  Folsom High
 Empire Oaks Elementary
 Folsom Hills Elementary Vista del Lago High
Gold Ridge Elementary  
 Mangini Ranch Elementary
 Natoma Station Elementary
 Oak Chan Elementary  
 Russell Ranch Elementary
 Sandra J Gallardo Elementary
 Theodore Judah Elementary

 Measure G Citizens Oversight Committee (COC): Law requires that a Citizens Oversight Committee be established to assure that bond funds are used as outlined in the ballot.  The committee is composed of parents, seniors, business and civic leaders and meets on a quarterly basis.  The committee reviews an annual audit performed by an outside firm and reports its findings to the community.  Click on the following link for more information: Measure G Citizens Oversight Committee