Politichaos

Resolving the Ruckus

Prop 2

Bonds for Public School and Community College Facilities

legislative statute

Official Summary

Authorizes $10 billion in general obligation bonds for repair, upgrade, and construction of facilities at K–12 public schools (including charter schools), community colleges, and career technical education programs, including for improvement of health and safety conditions and classroom upgrades. Requires annual audits.

Fiscal Impact: Increased state costs of about $500 million annually for 35 years to repay the bond.

Notes