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672d378f083fb55db8ef42cf Calif Ballot Box Edited

California voters approve $10 billion school facilities bond

Nov. 7, 2024
The measure will provide $8.5 billion for facility upgrades at K-12 schools, and $1.5 billion for community colleges.

California voters have approved a bond proposal that will provide $10 billion in funding for upgrades at public K-12 schools and community colleges across the state.

The Los Angeles Times reports that the measure, Proposition 2, will provide $8.5 billion in facility renovations and new construction for K-12 schools. Community colleges will receive $1.5 billion.

The school bond was endorsed by both the California Democratic and Republican parties, as well as a coalition of more than 150 groups.

To receive bond money, districts must pass a local bond of their own and then apply to the School Facility Program for a funding match on a sliding scale up to 65% for renovations and 55% for new construction.

 The exact state match is based on a complicated points formula that seeks to provide a higher match to low-wealth districts that cannot afford to generate much local funding, and those with a high percentage of disadvantaged districts.

Districts that are unable to raise more than $15 million can receive up to a 100% match.

About the Author

Mike Kennedy | Senior Editor

Mike Kennedy has been writing about education for American School & University since 1999. He also has reported on schools and other topics for The Chicago Tribune, The Kansas City Star, The Kansas City Times and City News Bureau of Chicago. He is a graduate of Michigan State University.

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