The money will pay for repairs and upgrades at thousands of K-12 school and community college buildings.
If you're enjoying this article, you'll love our daily morning newsletter, How To LA. Every weekday, you'll get fresh, community-driven stories that catch you up with our independent local news.The Legislature announced today a $10 billion bond to pay for repairs and upgrades at thousands of K-12 school and community college buildings across California, some of which have languished for years with dry rot, mold, leaks and other hazards due to lack of funds. K-12 schools would get $8.
Originally, the bill asked for $14 billion, which would have made it one of the largest school bonds in state history.There were several potential bonds competing for room on the fall ballot, but Newsom hinted he was leaning toward the school bond in his. That called for draining the remaining $375 million in an existing school facilities fund and eliminating a $550 million grant program that would have paid for new kindergarten and preschool classrooms.
The bond needs a simple majority to pass in November, but it’s not clear how receptive voters will be. In light of economic worries, 64% of voters said this is a “bad time” for state bonds,in June by the Public Policy Institute of California. At the same time, respondents said that K-12 education was their second-highest priority for state spending, just behind health and human services.
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