Performance Audits and Financial Reports
Measure Y – Revenue Sources and Expenditures
The Placentia-Yorba Linda Unified School District maximized the community’s $102 million Measure Y bond by securing state matching funds, local redevelopment dollars and developer fees to achieve a total building program budget of $396 million.
Additionally, Wall Street’s Standard & Poor’s gave an A+ rating to the district’s bond and Moody’s Investors Services issued a AA3 rating. These high ratings allowed the school district Measure Y bond to be much more desirable to investors and resulted in hundreds of thousands of dollars in savings to homeowners.
Revenue Sources
Measure Y Funds: $109,714,293.00
State School Facility Program: $140,605,422.00
All Other Funds: $146,250,221.00
TOTAL REVENUE: $396,569,936.00
Expenditures By Source
Measure Y Funds: $109,714,293.00
State School Facility Program: $140,605,422.00
All Other Funds: $146,250,221.00
TOTAL EXPENDITURES: $396,569,936.00
