Allan Hancock Community College 2006 Bond

Full Name

Allan Hancock Community College 2006 Bond

Tax Bill Abbreviation

ALLAN HANCOCK 2006

Type

Bond

Election Year

2006

Description

To improve the quality of programs at Allan Hancock College by:
• Improving academic facilities to help students transfer to four- year colleges,
• Improving job training facilities for police, firefighter, healthcare and other careers,
• Upgrading aging buildings, classrooms and technology, and by upgrading, acquiring, constructing, equipping buildings, sites and classrooms, shall Allan Hancock Joint Community College District issue $180,000,000 in bonds, at legal rates, appoint a Citizens' Oversight Committee to monitor expenditures and no money for administrators' salaries.

Allan Hancock Bond Background
Bond Executed by Resolution 06-33

Total Amount Approved by Voters

$180,000,000

Amount Issued

$143,269,933

Total Principal Amount Outstanding

$128,079,576

Current Fiscal Year Tax Rate

0.02375%

Scheduled Final Payment Date (subject to change)

08/01/2031

Contact Information

Santa Barbara County
(805) 922-6966