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IMPARTIAL ANALYSIS BY COUNTY COUNSELMEASURE S2014

SANTA BARBARA COMMUNITY COLLEGE DISTRICTThis measure was placed on the ballot by the Santa BarbaraCommunity College District Governing Board.

If approved by 55% of the voters, this measure authorizes theSanta Barbara Community College District (District) to authorizethe sale of general obligation bonds on its behalf in a principalamount not to exceed $288,000,000 to provide financing for thespecific facilities projects listed in the Districts Projects List. TheProjects List, as well as the full text of the measure, is printed inthe ballot pamphlet. None of the proceeds from the sale of bondsmay be used for salaries or operating expenses.

The bonds and interest thereon would be payable from propertytaxes levied on taxable property in the District. These taxeswould be in addition to the property taxes currently levied ontaxpayers in the District. The amount of the increased taxes eachyear would depend upon the amount needed to pay the principaland interest on the bonds.

The bond measure includes the following accountabilityrequirements:

A. A requirement that the proceeds from the bond sale beused only for the above purposes and not for any otherpurpose, including teacher and administrator salaries,and other District operating expenses.

B. A list of the specific facilities projects to be funded andcertification that the District Board has evaluated safety,class size reduction, and information technology needsin developing that list.

C. A requirement that the District Board conduct an annual,independent performance audit to ensure that the fundshave been spent only on the specific facilities projectslisted in the proposition.

D. A requirement that the District Board conduct an annual,independent financial audit of the bond proceeds until allof such proceeds have been spent for the facilitiesprojects listed in the Projects List.

This measure, if approved, will also establish a citizens' oversightcommittee to monitor expenditures and ensure bond proceedsare used only to fund the specific projects listed in the ProjectsList, as printed in the ballot pamphlet.

/s/ Gustavo E. LavayenDeputy County Counsel

TAX RATE STATEMENTMEASURE S2014

SANTA BARBARA COMMUNITY COLLEGE DISTRICTAn election will be held in the Santa Barbara Community District(the "District") on November 4, 2014, to authorize the sale of upto $288,000,000 in bonds of the District to finance facilities asdescribed in the proposition. If the bonds are approved, theDistrict expects to issue the Bonds in multiple series over time.Principal and interest on the bonds will be payable from theproceeds of tax levies made upon the taxable property in theDistrict. The following information is provided in compl iancewith Sections 9400 through 9404 of the California Elections Code.

1. The best estimate of the tax which would be required to belevied to fund this bond issue during the first fiscal year afterthe sale of the first series of bonds, based on estimatedassessed valuations available at the time of filing of thisstatement, is $0.01665 per $100 ($16.65 per $100,000) ofassessed valuation in fiscal year 2015-16.

2. The best estimate of the tax rate which would be required tobe levied to fund this bond issue during the first fiscal year afterthe sale of the last series of bonds, based on estimated assessedvaluations available at the time of filing of this statement, is$0.01665 per $100 ($16.65 per $100,000) of assessed valuationin fiscal year 2027-28.

3. The best estimate of the highest tax rate which would berequired to be levied to fund this bond issue, based on estimatedassessed valuations available at the time of filing of thisstatement, is $0.01665 per $100 ($16.65 per $100,000) ofassessed valuation, which is projected to be the same inevery fiscal year that the bonds remain outstanding.

Voters should note that estimated tax rates are based on theASSESSED VALUE of taxable property on the County's officialtax rolls, not on the property's market value, which could bemore or less than the assessed value. In addition, taxpayerseligible for a property tax exemption, such as the homeowner'sexemption, will be taxed at a lower effective tax rate thandescribed above. Certain taxpayers may also be eligible topostpone payment of taxes. Property owners should consult theirown property tax bills and tax advisors to determine theirproperty's assessed value and any applicable tax exemptions.

Attention of all voters is directed to the fact that the foregoinginformation is based upon the District's projections and estimatesonly, which are not binding upon the District. The actual tax ratesand the years in which they will apply may vary from thosepresently estimated, due to variations from these estimates inthe timing of bond sales, the amount of bonds sold andmarket interest rates at the time of each sale, and actualassessed valuations over the term of repayment of the bonds. Thedates of sale and the amount of bonds sold at any given time willbe determined by the District based on need for construction fundsand other factors. The actual interest rates at which the bonds willbe sold will depend on the bond market at the time of each sale.Actual future assessed valuation will depend upon the amountand value of taxable property within the District as determined bythe County Assessor in the annual assessment and theequalization process./s/ Lori Gaskin, Superintendent/President

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PR-9005-2

ARGUMENT IN FAVOR OFMEASURE S2014

SANTA BARBARA COMMUNITY COLLEGE DISTRICTImproving City College is vital for students, and will also boost our localeconomy, improve our local workforce and help sustain high propertyvalues.Were proud that Santa Barbara City College is officially named the topCommunity College in the nation.Nearly half of all local high school graduates rely on City College forhigher education or career preparation and advancement. Our top-notch local community college is a primary option for local high schoolgraduates.Today, its time to invest in City College to maintain its excellentstandards and ensure continued access to affordable, high-quality, localhigher education. Facilities modernization is essential especially asthe cost of attending other public universities in California hasskyrocketed to at least six times that of community college.Most classroom buildings are decades old and must be upgraded tocontinue providing excellent education.Measure S will:

Update academic, science, engineering, healthcare andvocational classrooms and labs to help students prepare forcareers and transfer to four-year universities.

Upgrade student services to provide essential support forstudents academic success and support for returningveterans transitioning to academic environments.

Upgrade technology and labs for career education andadvancement, including fields such as engineering and healthscience.

Replace leaky roofs and decaying, aging facilities withrenovated classrooms that are compatible with todaystechnology and current safety codes.

Update technology and energy efficiency. Improve access for students with disabilities.

Every penny stays in our area to support our students.

All funds raised by Measure S stay local and cannot be takenby the state.

An Independent Citizens Oversight Committee and annualaudits will ensure funds are spent properly.

No money can be spent on administrators salaries orpensions.

Please join us: Vote Yes on S to maintain high-quality, affordable, localhigher education at Santa Barbara City College.

The undersigned authors of the argument in favor of Ballot MeasureS2014 at the Consolidated General Election for the Santa BarbaraCommunity College District to be held on November 4, 2014 herebystate that such argument is true and correct to the best of theirknowledge and belief./s/ Dr. Dave Cash, Superintendent Santa Barbara Unified School

District/s/ Jean Blois, Former Mayor, City of Goleta

Santa Barbara County Taxpayers Association/s/ Lanny Ebenstein, Education Chair/s/ Victoria Juarez, Executive Director, Girls Inc. of Carpinteria/s/ Pamela M. Lopker, President, QAD, Inc.

REBUTTAL TO ARGUMENT IN FAVOR OFMEASURE S2014

SANTA BARBARA COMMUNITY COLLEGE DISTRICTProponents of these latest SBCC Bonds (Measure S) want you to payover ONE-HALF BILLION DOLLARS for them.

Just six years ago, you authorized SBCC to issue $77 Million in bonds.Much of this money has still not been used!

Those bonds of 2008 were not prioritized to meet alleged academicinfrastructure needs but were spent on collateral, non-academicstructures such a stadium press box renovation. If you approveMeasure S, this will happen again!

$56 million of these Measure S bonds are quietly being earmarked fornon-academic athletic facilities, such an Aquatics Center and SportsPavilion.

The cost of Measure S will exceed ONE-HALF BILLION DOLLARS.This money will be paid for only by SBCC district residents from theVentura County line to Gaviota.

Yet as many as 12,000 students a year come from outside the district,outside the state, outside the US.

Barely half transfer or graduate within three years.

SBCC encourages a lingering outside population of thousands whichdecreases available housing, increases rents and places high demandson social services.

Should the residents inside the SBCC District pay over ONE-HALFBILLION DOLLARS for the educational needs of 750,000 outside thedistrict students over the next 25 years?

These bonds will increase commercial and residential rents as landlordspass on their cost to renters.

Sadly, this community college has lost its way and is no longer servingour own community.

Look at all the facts and you will vote NO on Measure $.

for more information: http:VoteNoOnS.org

The undersigned author of the rebuttal to the argument in favor of BallotMeasure S2014 at the Consolidated General Election for the SantaBarbara Community College District to be held on November 4, 2014hereby state that such argument is true and correct to the best of hisknowledge and belief.

/s/ Ernie Salomon

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PR-9005-3

ARGUMENT AGAINSTMEASURE S2014

SANTA BARBARA COMMUNITY COLLEGE DISTRICT

In 2008 SBCC promised the passage of bond Measure Vwould address the Long-Term Facilities Plan needs of SBCC and thatno money raised by it would be spent on projects other than those listedin the proposal.

Instead, upon passage of Measure V SBCC used the funds itprovided to build facilities not mentioned in the ballot and certainlycollateral to its education mission, most egregiously a multi-million dollarstadium/press box renewal rather than needed classroomimprovements. This bait and switch was made possible by advice frombond counsel that the funds could be used for projects of the typedescribed in the ballot and referenced in the Plan kept in the SBCCPresidents Office. SBCC also decided not to fund projects described inthe measure, at least in part for the strategic reason that funding forthese projects could be obtained elsewhere or from a subsequent bondissue.

Now, as strategized, SBCC returns to ask for more bondsand promises to do much of what it failed to do with the revenuetaxpayers provided with Measure V.

This sort of trickery has to be stopped.SBCC needs the imposed discipline to act responsibly with

money it is generously provided by locals.SBCC needs a reminder that a community college is primarily

meant for the functional and mundane purpose of providing a goodeducation for committed students in transition to four year institutions orthose in training for skilled trades. It should not cater to student tourism.

SBCC needs to honor the long standing tradition of providingaffordable and stimulating classes for residents looking to expand theirintellectual and artistic ambitions.

A No Vote on Measure S will bring focus to SBCC, a moredisciplined ministry of our tax money, and push SBCC to return to localservice.

The undersigned author of the argument against Ballot Measure S2014at the Consolidated General Election for the Santa Barbara CommunityCollege District to be held on November 4, 2014, hereby states thatsuch argument is true and correct to the best of his knowledge andbelief.

/s/ Glen Freeman Mowrer

REBUTTAL TO ARGUMENT AGAINSTMEASURE S2014

SANTA BARBARA COMMUNITY COLLEGE DISTRICT

Santa Barbara City College is a vital resource for our community. Ourlocal students rely on City College to provide a high-quality, affordable,local education.

City College has a proven track record of success. Annual audits haveshown that Measure V bond funds have been used to benefit localstudents, including modernization of classroom buildings to replaceoutdated technology and replacing aging portables with permanentbuildings to meet current safety codes. The Citizens OversightCommittee has provided regular, positive updates to the communityshowing transparency about the judicious use of Measure V bond funds.

In order to maintain its excellent educational programs and ensurecontinued access for local students, now is the time to invest in thefuture of City College.

Measure S is needed now:

City College is the primary option for local, affordable accessto higher education. Nearly half of all local high schoolgraduates rely on SBCC for higher education or careerpreparation and advancement. 2,000 local students in ourhigh schools take SBCC credit courses every term.

We must update academic, science, engineering, technology,healthcare and vocational classrooms and labs some 40-80 years old to help students prepare for careers andtransfer to four-year universities.

Replacing leaky roofs and modernizing decaying, agingfacilities is essential to ensure ongoing excellence in ouracademic and career preparation programs for the 21stcentury and to meet current safety codes.

Please join us: Vote Yes on S to maintain high-quality, affordable, localhigher education at Santa Barbara City College.

The undersigned authors of the rebuttal to the argument against BallotMeasure S2014 at the Consolidated General Election for the SantaBarbara Community College District to be held on November 4, 2014,hereby states that such argument is true and correct to the best of theirknowledge and belief.

/s/ H. Edward Heron, Past Chairman, Measure V Oversight Committee/s/ Peter R. MacDougall, President Emeritus, Santa Barbara City

College/s/ Gregg Hart, Santa Barbara City Councilmember/s/ Kimberly Monda, Ph.D., Academic Senate President, SBCC/s/ S. Monique Limn, Board Member, Santa Barbara Unified School

District

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