California · FND.3
Proposition 2 raises financial hardship threshold from $5M to $15M with inflation
Statutory
Conditional
Active
Proposition 2 raises the financial hardship threshold from $5 million to $15 million, adjusted for inflation.
- State
- California
- Responsible actors
- State Allocation Board
Evidence & sources
- NCSI profile
- California — State Roles and Responsibilities for PK-12 Public School Facilities — 2025 State Profile (2025), printed p. 38
- Legal sources
- Proposition 2 (2024); AB 247 — Proposition 2 (2024) / AB 247 (Session Law / Act, primary)
- Verification
- Profile Only
Prototype research tool. Records are normalized from NCSI state profiles and have not been verified against current statutes or regulations. This is not legal advice — consult primary legal sources for current requirements.