Policy topic

State General Obligation Bonds

Provisions (1)

CA
FIN.1State General Obligation Bonds

Proposition 2 (2024): $10 billion total, $8.5 billion for K-12

Proposition 2 (2024) authorizes $10 billion in bonds, of which $8.5 billion is for K-12 school facilities.

California — State Roles and Responsibilities for PK-12 Public School Facilities — 2025 State Profile (2025), printed p. 37–38 · Program: School Facility Program · Proposition 2 (2024); AB 247

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.