PROP
51

School Bonds. Funding for K–12 School and Community College Facilities. Initiative Statute.

School Bonds. Funding for K–12 School and Community College Facilities. Initiative Statute.

Summary

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.

Money Raised

Chart depicts total fundraising by all committees primarily formed for and against Prop 51.Totals are updated daily with contributions from Power Search opens new window and adjustments from the most recent Political Reform Division analysis. opens new window

Largest Contributions

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 opens new window campaign finance search engine.

Yes on Prop 51

California Building Industry Association Issues Committee
03/29/2016
$700,000
Coalition for Adequate School Housing Issues Committee
06/30/2016
$400,000
Coalition for Adequate School Housing Issues Committee
03/16/2016
$300,000
Coalition for Adequate School Housing Issues Committee
12/08/2015
$250,000
Coalition for Adequate School Housing Issues Committee
12/29/2015
$250,000
California Association of Realtors Issues Mobilization Political Action Committee (IMPAC)
02/12/2016
$250,000
Coalition for Adequate School Housing Issues Committee
09/21/2016
$200,000
D.R. Horton, Inc.
07/25/2016
$187,500
Lewis Pacific Partners, including contributions from Lewis Investment Company, LLC
02/04/2016
$150,000
The Irvine Company
07/29/2016
$150,000

No on Prop 51

No contributions have been reported to the No on 51 campaign in the election cycle when it appeared on the ballot.

What your vote means

Yes

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).

No

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.

More on Proposition 51

For background on Proposition 51, an analysis by the legislative analyst, endorsements for and against the measure, and more...

Arguments

Pro

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.

Con

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.

Campaigns

For

Yes on Proposition 51— Californians for Quality Schools
info@californiansforqualityschools.com
www.californiansforqualityschools.com

Against

G. Rick Marshall, Chief Financial Officer
California Taxpayers Action Network
621 Del Mar Avenue
Chula Vista, CA 91910
(310) 346-7425
rick@StopProp51.org
StopProp51.org