PROP
 2

AUTHORIZES BONDS FOR PUBLIC SCHOOL AND COMMUNITY COLLEGE FACILITIES. LEGISLATIVE STATUTE.

SUMMARY

Put on the Ballot by the Legislature

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. Supporters: California Teachers Association; California School Nurses Organization; Community College League of California Opponents: Howard Jarvis Taxpayers Association

WHAT YOUR VOTE MEANS

YES 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.

NO 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.

 

ARGUMENTS

PRO Many schools and community colleges are outdated and need basic health and safety repairs and upgrades to prepare students for college and careers and to retain and attract quality teachers. Prop. 2 meets those needs and requires strict taxpayer accountability so funds are spent as promised with local control.

CON Proposition 2 will increase our bond obligations by $10 billion, which will cost taxpayers an estimated $18 billion when repaid with interest. A bond works like a government credit card—paying off that credit card requires the government to spend more of your tax dollars! Vote NO on Prop. 2.

FOR ADDITIONAL INFORMATION

FOR
Yes on Prop. 2—Californians for Quality Schools
info@californiansforqualityschools2024.com
www.californiansforqualityschools2024.com
AGAINST
Assemblyman Bill Essayli
California State Legislature
State Capitol
P.O. Box 942849
Sacramento, CA 94249-0063
(916) 319–2063
Assemblymember.Essayli@assembly.ca.gov
https://ad63.asmrc.org/

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