Should the state sell thirteen billion fifty million dollars ($13,050,000,000) in general obligation bonds for construction and renovation of K-12 school facilities and higher education facilities?
This thirteen billion fifty million dollar ($13,050,000,000) bond issue
will provide funding for necessary education facilities to relieve
overcrowding and to repair older schools. Funds will be targeted to areas
of the greatest need and must be spent according to strict accountability
measures. Funds will also be used to upgrade and build new classrooms in
the California Community Colleges, the California State University,
and the University of California, to provide adequate higher education
facilities to accommodate the growing student enrollment. These bonds
may be used only for eligible projects.
State cost of about
$26.2 billion over 30 years to pay off both the principal ($13.05 billion)
and interest ($13.15 billion) costs on the bonds. Payments of about $873
million per year.
- A YES vote of this measure means:
- A YES vote on this measure
means: The state could sell $13.05
billion in general obligation bonds
for the construction and
renovation of public education
facilities (kindergarten through
12th grade and higher education).
- A NO vote of this measure means:
- A NO vote on this measure means:
The state could not sell $13.05
billion in general obligation bonds
for these purposes.
- Summary of Arguments FOR Proposition 47:
- MORE CLASSROOMS and
BETTER SCHOOLS, WITHOUT
RAISING TAXES. We
need 13,000+ new classrooms!
47 ensures CRITICALLY OVERCROWDED
districts get their
FAIR SHARE to build classrooms,
REPAIR old ones and improve
SAFETY. Strict ACCOUNTABILITY
and AUDITS required.
California PTA, California
Teachers Association, California
Taxpayers' Association, Chamber
of Commerce: "YES on 47"
Full Text of Argument In Favor,
Rebuttal
Full Text of Argument Against,
Rebuttal
- Contact FOR Proposition 47:
- Yes on 47 for Accountability and Better Schools: a coalition of taxpayers, parents, teachers, seniors,
educators, builders and business.
111 Anza Blvd., Suite 406
Burlingame, CA 94010
650-340-0470
info@yesprop47.com
http://www.yesprop47.com
- Contact AGAINST Proposition 47:
- No contact information
was provided.
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Official Information
Secretary of State
Legislative Analysts's Office
Nonpartisan Information
League of Women Voters - Analysis
League of Women Voters - Background
Action Alliance for Children
EdSource
- Voter Guide
- impartial analysis and summarization of the major
arguments pro and con. In English and Spanish
California Voter Foundation
News and Analysis
KQED-FM San Francisco Public Radio
Modesto Bee
Sacramento Bee
Events
LWV Pros & Cons Public Meetings
- Come to a meeting in your community where League experts discuss all state ballot propositions giving a nonpartisan analysis. Consult your Smart Voter county page for dates, times and locations.
Links to sources outside of Smart Voter are provided for information only and do not imply endorsement.
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League of Women Voters of California
