What To Know About Prop 2
10/14/2024 | 1m 20sVideo has Closed Captions
A proposition could raise $10 billion to fix and update California schools.
Prop 2 would raise $10 billion in bonds to repair deteriorating school and community college facilities, many of which fail to meet safety standards. Advocates argue this funding is crucial for underserved districts. Opponents question whether the funds are equitably allocated and suggest state funding instead.
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SoCal Matters is a local public television program presented by PBS SoCal
What To Know About Prop 2
10/14/2024 | 1m 20sVideo has Closed Captions
Prop 2 would raise $10 billion in bonds to repair deteriorating school and community college facilities, many of which fail to meet safety standards. Advocates argue this funding is crucial for underserved districts. Opponents question whether the funds are equitably allocated and suggest state funding instead.
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In fact, 38% of students go to schools that don't meet the state's minimum safety standards.
They like to see lower-income districts get a larger share of the funds.
The state's fund to fix these schools is practically empty.
California does not have a permanent funding source for school repairs.
School districts rely on money from state and local bonds.
Larger and more affluent districts can raise money locally, but many other school districts rely on the state for that money.
That's because they can't raise enough or any funds locally to cover the cost of the repairs.
Proposition 2 would raise $10 billion for facility improvements.
$8.5 billion would go to K-12 schools, and $1.5 billion would go to community colleges.
Proponents say this money is crucial to fix California's crumbling schools, especially because the last state school facilities bond in 2020 failed Opponents say the state, not taxpayers, should be paying for repairs.
Others question whether the fund of distribution would be equitable.
Vote yes if you'd like to see the state borrow $10 billion to repair school facilities.
Vote no if you don't.
SoCal Matters is a local public television program presented by PBS SoCal