School Bond (Measure SOS) – Follow the Money Part 2.

As mentioned in our previous newsletter, PVP Watch continued to follow donation information for the Political Action Committee (PAC) that supports Measure SOS.  We obtained the latest Form 460 dated October 23, 2024.  We also included information from Form 497.  All information in these reports is public.

Donations Summary.

All PACs are required to report donations and expenses to the California Fair Political Practices Commission (FPPC).  Form 460 is filed monthly by the PACs.  When contributions exceed $1,000 in aggregate, a PAC must report these contributions on Form 497 to the FPPC within 10 days.

PVP Watch summarized the donations in Form 460 and Form 497:

As of October 25, the PAC received $142,786 in donations for promoting Measure SOS:

  • 91% ($129,650) were from people and organizations outside of the Palos Verdes peninsula.

  • 9% ($13,136) were from residents on the peninsula.

This is an important point because if the bond passes, those outside of the peninsula will not be paying the property tax imposed by the bond.

The top donors of the $129,650 were:

The total amount of donations will not be reported until after the November election.

Why this matters.

As listed above, the biggest donors were architects, construction companies, a teachers' union, and consultants.  These companies are not located on the peninsula, and some are outside of California.  The 33% or $100 million "soft costs" component of Measure SOS is a main attraction for these donors.

The District said that Measure SOS funds are much needed for facility improvements. 73% of respondents to our survey agreed that facilities need some improvements. But 62% will probably vote NO on Measure SOS because of distrust of the District.

We would like to hear from you.

If you have comments, opinions, or questions about this article, please tell us by sending your emails to info@pvpwatch.com.  Your input will help us improve our website and enhance your experience.

Please visit our website for newsletters published previously.  

Donations

We are a group of volunteers and donations keep PVP Watch alive.  If you would like to help, please send us your check for $35 or more to PVP Watch, 5011 Rockvalley Road, Rancho Palos Verdes, CA 90275.  Thank you.

Next
Next

Proposition Recommendations for November 2024 Election