Measure on the ballot in the 2020 California Primary Election in California.
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Get StartedA "YES" vote on this measure means: The state could sell $15 billion in general obligation bonds to fund school, community college, and university facility projects. In addition, school districts and community college districts would be authorized to issue more local bonds, and school districts would have new limits on their ability to levy developer fees.
A "NO" vote on this measure means: The state could not sell $15 billion in general obligation bonds to fund education facility projects. The state also would not make changes to school districts’ and community college districts’ existing local borrowing limits or the existing rules for school districts to levy developer fees.
Authorizes $15 billion in state general obligation bonds for construction and modernization of public education facilities. Fiscal Impact: Increased state costs to repay bonds estimated at about $740 million per year (including interest) over the next 35 years.
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