SDCTA Does Not Support Lakeside Union School District $33 Million Bond Measure

March 2020 Ballot

The Lakeside Union School District met some of the SDCTA School Bond Support criteria, but there were key items that did not meet standards.  

Soft cost projections were significantly higher than average. This was concerning since the goal is to have low soft costs to ensure funds are spent on actual construction.  

The district displayed poor managerial acumen by planning to finance furniture and buses with thirty-year financing. Though the district signaled it would make a change, that critical error reduced the Association’s confidence in their ability to manage this program.