“What has been clear is that people support it when they understand what Proposition 2 will do and its impact on schools,” said Molly Weedn, spokesperson for a pro-Proposition 2 campaign. “People are seeing the need in real time. When you have a leaky roof, it only gets leakier.” · The campaign, organized by the Coalition for Adequate School Housing (CASH), representing school districts and school construction interests that underwrote the effort, had not yet issued a statement Wednesd...
California lawmakers could use bonds for school facilities, climate and the budget for homeless programs Gavin Newsom doesn’t want to fund.
A $20 billion affordable housing bond — which would have been the largest ever of its kind and the subject of a campaign half-a-decade in the making — won’t go before San Francisco Bay Area voters this November after all. This morning, the board of the Bay Area Housing Finance Authority voted to scrap the measure for now, potentially punting the effort until at least 2026. This comes just two months after the board voted unanimously to place the borrowing plan on this year’s ballot. The money would have been used to fund the constructio ...
The bulk of the funds would go toward the construction of new subsidized housing projects... That may be more than a majority, but in California, where most local bonds require the backing...
Click here for a complete list of our election recommendations. ; California’s program for funding school construction is broken, favoring local districts that already have access to money over those that don’t. ; A statewide $10 billion bond measure on the Nov. 5 ballot would perpetuate the inequity and continue to leave the state vulnerable to litigation. Voters should reject Proposition 2. ; The measure would authorize the state to borrow money to fund $8.5 billion for local school construction and $1.5 billion for community colleges. ; From similar measures California voters previously passed, the state already has $39 billion in outstanding school bonds. State debt payments for that were $2.9 billion last fiscal year.
Navigating Performance Bonds in California’s Public Contracts: A Guide for Contractors and Sureties ; Securing Your Investment: The Role of Construction Performance Bonds in California Real Estate ; Securing California Construction: The Impact of Performance Bonds on Property Owners ; Optimizing California Construction: The Role of Performance Bonds
If passed by the Legislature later this week, the bonds would... while California community colleges would receive $1.5 billion. The debt would be designated for new construction, improving...
fresno-california-performance-bonds ; Navigating Fresno Building Compliance: The Role of Performance Bonds in Contractor Assurance ; Securing Fresno Properties: The Role of Construction Performance Bonds ; Ensuring Fresno Project Success: Understanding Construction Performance Bonds and Contractor Obligations
Click here for a complete list of our election recommendations. There is a legitimate debate to be waged over the current two-thirds voter threshold for approval of local bond measures in California. Some feel it’s too stringent, undermining the will of the majority. Others argue it’s an appropriately tough hurdle to ensure that there is broad consensus before saddling future generations with additional tax debt. But asking voters to settle that debate, by placing Proposition 5 on the Nov. 5 ballot, is putting the cart before the horse. Cal ...
A new school construction bond could help rural California districts that are often last in line for funding.