Authorizes $9 billion in general obligation bonds for new construction and modernization of K–12 public school facilities; charter schools and vocational education facilities; and California Community Colleges facilities. Fiscal Impact: State costs of about $17.6 billion to pay off both the principal ($9 billion) and interest ($8.6 billion) on the bonds. Payments of about $500 million per year for 35 years.
Chart depicts total fundraising by all committees primarily formed for and against Prop 51.Totals are updated daily with contributions from Power Search and adjustments from the most recent Political Reform Division analysis.
Showing the 10 largest contributions to committees formed primarily for and against Prop 51 in the election cycle when it appeared on the ballot. Contributions in earlier election cycles and contributions between allied committees are excluded. For more information on funding for ballot measure campaigns, visit the Power Search campaign finance search engine.
A YES vote on this measure means: The state could sell $9 billion in general obligation bonds for education facilities ($7 billion for K–12 public school facilities and $2 billion for community college facilities).
A NO vote on this measure means: The state would not have the authority to sell new general obligation bonds for K–12 public school and community college facilities.
For background on Proposition 51, an analysis by the legislative analyst, endorsements for and against the measure, and more...
Our children deserve safe schools where they can learn, but many schools and community colleges need repairs to meet health and safety standards. Prop. 51 will fix deteriorating schools, upgrade classrooms, and provide job-training facilities for veterans and vocational education. All projects are accountable to local taxpayers.
Prop. 51 was created for greedy developers to exploit taxpayers for profit. Prop. 51 stops legislators from providing fair school funding. Disadvantaged schools are left behind. There’s no improvement in taxpayer accountability. It does nothing to fight waste, fraud and abuse. Governor Brown opposes Prop. 51. Vote NO on 51.