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VOLUME 28 NUMBER 33
Aug. 23, 2012
High school district board OKs bond policy SDUHSD seeks ‘fiscal responsibility and transparency’ regarding capital appreciation bonds
■‘Manufacturing Stokes’ headlines 2012 Del Mar Shores Cinema Series. Page 13
BY KAREN BILLING With San Dieguito Union High School District’s general obligation bond on the November ballot, the district board said it wants to ensure voters that what has recently happened in the Poway Unified School District will not happen in the San Dieguito district.
The board acted quickly to approve a new policy about using capital appreciation bonds (CABs) at its Aug. 16 meeting. Eric Dill, associate superintendent of business, said there has been concern lately with school district bond financing structures using CABs, particularly
those with terms greater than 25 years. Long-dated CABs can result in a higher debt burden for general obligation bond issuers than other financing alternatives, as Poway Unified School district recently discovered. Borrowing for the Poway District’s $105 million CAB over 40 years and not mak-
Fundraiser benefits TPHS football
ing any payments on the debt for 20 years will now cost taxpayers in that district more than $981 million by 2051. “In reaction to that, we want to make sure we can promise fiscal responsibility and transparency,” said Dill. The policy uses language cribbed directly from
the San Diego County Taxpayers Association to ensure fiscal responsibility and transparency. The policy states that the district will only pursue the issuance of CABs if it can be demonstrated that their use will result in less See BOND, Page 6
Man’s body found outside local home Circumstances described as suspicious BY CITY NEWS SERVICE An investigation is continuing into the death of a radiologist whose body was found outside his home in the unincorporated Del Mar area (92014 zip code). The body of Dr. Kenneth Howard Gerber, 62, was found the morning of Aug. 17 in a grove of palm trees outside his home in the the 4600 block of Sun Valley Road, according to sheriff’s Lt. Larry Nesbit. A deputy was initially called out to assist fire personnel with medical aid. Although the deputy was not comfortable classifying Gerber’s death as natural, homi-
■ Local singer takes time out of busy schedule to host fundraiser. Page 7 Scott Ashby, Paul and Sarah Publico and Amanda and Roger Simsiman support Torrey Pines High School’s football program at the 17th annual Summer Dinner/ Auction and Golf Tournament Aug. 20 at Fairbanks Ranch Country Club. See page B12. PHOTO/JON CLARK
■ Endangered clapper rails released into San Elijo Lagoon. Page B1
cide was not suspected until an autopsy was performed, Nesbit said. A cause of death was not released. In a case where an arrest has not been made, autopsy results are sealed to prevent false confessions or statements, Nesbit said. The results would remain sealed until an arrest was made, he said. ``The cause is only known to the person that murdered him,’’ Nesbit said. ``It has the potential to negatively effect our investigation.’’ See BODY, Page 6
SDUHSD superintendent postpones contract renewal
Del Mar Union School District enrollment continues to shift
BY KAREN BILLING While it was on the Aug. 16 agenda to extend San Dieguito Union High School District Superintendent Ken Noah’s contract for another three years, Noah asked that the board not renew his contract and not revisit the topic until after the November elections. Noah said that in the public school system there is a unique relationship between the board and
BY KAREN BILLING The first day of school is Aug. 27 and the Del Mar Union School District is preparing for the new year despite ever-shifting enrollment. Tim Asfazadour, assistant superintendent of human resources, said the numbers are always fluctuating as 20 more students will enroll one day and 10 un-enroll the next. A total of 159 new students
the superintendent and as they are in an election year, he’d rather wait. “The board hires the superintendent and I think that’s the greatest responsibility that you have to the community,” Noah said, noting that it’s especially important that the superintendent and board work well together to achieve district See CONTRACT, Page 6
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have enrolled between June 17 and Aug. 10. District enrollment on the last day of school was 4,348 and the current tentative total enrollment is at 4,323. As of Aug. 10, Ocean Air had the largest population of students with 799 — its largest class being in second grade with 126 students. Asfazadour said as it stood on See ENROLLMENT, Page 6
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