Town Square

Post a New Topic

Yes on E - Simple Economics - What's the ROI on a $392 investment?

Original post made by Paul, Del Prado, on Apr 21, 2011

Putting aside the debate on school funding entirely, and looking at Measure E from a personal economic standpoint only, I believe it to be a good investment.

Home values are based in part on the value buyers place on the community - whether the community that they're buying into serves to be beneficial or detrimental to their investment. I believe that if Measure E passes, the Pleasanton community will be seen by potential home buyers as an even better place to live, and in which to invest. A community which invests in its schools is simply a good place in which to live.

Let's put some numbers around this. The parcel tax is $98 per year for four years, for a total investment of $392. Do I think that the value of my home will increase by at least that amount - $392 - on top of whatever other increase will occur over those four years? I do. In fact, I believe that my $392 will show a greater return on investment.

Accordingly, I have voted Yes on E and encourage all of you in the community to do the same.

There are other benefits to Measure E that are being debated elsewhere. In my opinion they alone are well worth the $392 investment, and would be worth my Yes vote.

Comments (6)

 +   Like this comment
Posted by John
a resident of Another Pleasanton neighborhood
on Apr 21, 2011 at 3:07 pm

Paul,

I agree, and I'm heartened by the strong support for Measure E I'm seeing on these forums. I voted yes to benefit our schools, but your post shows us another reason to vote yes.

Yes on Measure E.


 +   Like this comment
Posted by Volunteer
a resident of Harvest Park Middle School
on Apr 21, 2011 at 3:21 pm

Please make sure to mail your ballots today!!! Let's make sure all the YES votes are counted.


 +   Like this comment
Posted by Sam
a resident of Oak Hill
on Apr 21, 2011 at 4:05 pm

As a recent homebuyer I can attest to the fact that school quality is a dominant factor and consideration to new homebuyers. Go on real estate forums for homebuyers and you'll see them talking about school quality all the time and asking each other about which communities in an area has the best schools. No other single factor affects the value of your home as much as the quality of its schools. If Pleasanton school quality remains in the top ranks with GoodSchools ratings of "9" and "10", then homebuyers will continue to flock to Pleasanton and compete vigorously to buy a house in Pleasanton. If Pleasanton school quality slips, many homebuyers will flock to another community like Danville or San Ramon instead and drop Pleasanton from their search list. If you're a homeowner, there's no better investment for $98 per year - neither stocks nor bonds nor anything else - than investing in your schools and maintaining top school quality.


 +   Like this comment
Posted by Sam's right!
a resident of Canyon Meadows
on Apr 21, 2011 at 5:21 pm

And the quality is slipping. We have now two title one schools in the district. People will leave if we can't change the tone of the conversation. Good teachers will leave, good teachers want to work where they feel valued and are compensated. There is still a shortage of teachers and we will feel the pinch sooner rather than later if we don't support our schools & teachers.


 +   Like this comment
Posted by Lee
a resident of Another Pleasanton neighborhood
on Apr 22, 2011 at 8:23 am

We are a household of 3 adults, and we have all voted yes on E. We agree that our schools are one of the reasons our homes have kept their value in this "down" economy and we want to support them!

We have 2 title one schools here? Which ones are they?


 +   Like this comment
Posted by lisa
a resident of Birdland
on Apr 22, 2011 at 9:23 am

one would be PMS, and the other Village

PLEASANTON -- School district officials were notified last week that Pleasanton Middle School had fallen into program improvement, a federal probationary status for schools that receive Title I funds and miss benchmarks under the No Child Left Behind Act for two straight years.

The school's staff was informed Feb. 8 that it had failed to meet its math requirement in one of its student subgroups for the 2009-10 school year. It is the first time that a Pleasanton school has been designated for improvement since No Child Left Behind was enacted in 2001.

The notification came nearly six months after the state released results from its Academic Performance Index and the federal results showed adequate yearly progress.


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: *

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Vote YES on Measures 45, 46, & 47, NO on 48
By Roz Rogoff | 30 comments | 2,109 views

Prop 47: not perfect, just preferable.
By Tom Cushing | 2 comments | 820 views

The Vranesh situation heads to court
By Tim Hunt | 6 comments | 622 views