Measure HV promises $27.8 million for Hermosa Valley School
by Kevin Cody
Wednesday morning, preliminary voting results indicate Hermosa Valley School will get $6.8 million for classroom modernization, including two new science labs to be built next to the gym. Valley will also get $6.2 million for new athletic facilities, including a $3.9 million athletic field, and running track.
The funds will come from Measure HV, a $27.8 million school bond voters, which had a comfortable lead Wednesday morning. The tally, with 55% of votes cast, was 4,467 votes (60%) to 2,961 votes (40%). Over 55% approval is required for passage.
Measure HV Funds will also go to HVAC (heating, ventilation, air conditioning), and rooftop solar panels, budgeted at $4.7 million. Improvements to campus safety is budgeted at $6 million. Half of the $6 million is to restrict access to the campus by moving the check-in office to the campus perimeter, facing Valley Drive.
Measure HV is projected to raise $2.6 million annually by adding $13.15 per $100,000 in assessed valuation. But the property tax rate will be held at the current $34.95 per $100,000 of assessed valuation by phasing in the Measure HV tax as two previous bonds, J and S, are phased out. Measure HV is scheduled to be paid off in 2050. ER