Authorizes Bonds for Public School and Community College Facilities. Legislative Statute.
A YES vote on this measure means: The state could borrow $10 billion to build new or renovate existing public school and community college facilities.
A NO vote on this measure means: The state could not borrow $10 billion to build new or renovate existing public school and community college facilities.
California doesn’t have a permanent funding stream to pay for school repairs. Funding comes entirely from state and local bonds. The state’s last school facilities bond, a $15 billion proposal in 2020, did not pass, leaving the state’s school repair account with a low balance. Without this local bonds, schools buildings will continue to be in bad shape and worsen.
Prop 2 provides $8.5 Billion for repair, upgrade, and construction of facilities at K–12 public schools (including charter schools) and $1.5 Billion to community colleges, creating transitional kindergarten classrooms, career technical education programs, including for improvement of health and safety conditions and classroom upgrades. The money would be distributed through matching grants, with the state paying a bigger share of costs for less affluent districts and those with higher numbers of English learners and foster youth. Some of the money would be set aside for removing lead from water.
Opponents say the bill would result in higher property tax
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