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Prop 52

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Proposition 51

 

  • Authorizes $9 billion in general obligation bonds: $3 billion for new construction and $3 billion for modernization of K-12 public school facilities; $1 billion for charter schools and vocational education facilities; and $2 billion for California Community Colleges facilities.

 

  • Bars amendment to existing authority to levy developer fees to fund school facilities, until new construction bond proceeds are spent or December 31, 2020, whichever is earlier.

 

  • Bars amendment to existing State Allocation Board process for allocating school construction funding, as to these bonds.

 

  • Appropriates money from the General Fund to pay off bonds.

Read the full text here


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