Smart Voter
State of California November 3, 1998 General
Proposition 1A
Class Size Reduction Kindergarten- University Public Education Facilities Bond Act of 1998.

Bond Act. Put on the Ballot by the Legislature.

4,886,570 / 62.5% Yes votes ...... 2,934,131 / 37.5% No votes

See Also: Measures

Infomation shown below: Summary | Fiscal Impact | Yes/No Meaning | Official Information | Arguments |
Summary Prepared by the State Attorney General:
  • This nine billion two hundred million dollar ($9,200,000,000) bond issue will provide funding for necessary education facilities for at least four years for class size reduction, to relieve overcrowding and accommodate student enrollment growth and to repair older schools and for wiring and cabling for education technology.
  • Funds will also be used to upgrade and build new classrooms in community colleges, the California State University, and the University of California.
  • These bonds may be used only for eligible construction projects.
  • Appropriates General Fund money to pay off bonds.

Fiscal Impact from the Legislative Analyst:
  • State cost of about $15.2 billion to pay off both the principal ($9.2 billion) and interest ($6 billion) on the bonds.
  • The average payment for principal and interest over 25 years would be about $600 million per year.
  • State cost of $160 million to offset all or part of school-related development fees borne by certain homebuyers and renters.

Meaning of Voting Yes/No
A YES vote of this measure means:
The state would issue $9.2 billion in general obligation bonds for the construction and renovation of public education facilities (kindergarten through twelfth grade and higher education).

A NO vote of this measure means:
The state would not issue $9.2 billion in general obligation bonds for the construction and renovation of public education facilities (kindergarten through twelfth grade and higher education).

Official Sources of Information
Arguments Submitted to the Secretary of State

Summary of Arguments FOR Proposition 1A:
Proposition 1A provides desperately needed funds for public schools, colleges and universities without raising taxes. Funds must be spent to build new schools, repair and update old ones, wire for technology, reduce class size and help make schools earthquake safe. The money cannot be used for any other purpose.

Full Text of Argument In Favor, Rebuttal

Summary of Arguments AGAINST Proposition 1A:
Bonds are the most expensive possible way to build schools--costing $1.70 in taxes for every $1.00 of schools. Prop. 1A will cost average families $2,000 in taxes to re-pay. Pay-as-you-go financing would have provided 70 percent more school construction--but Sacramento politicians preferred welfare increases and political pork projects.

Full Text of Argument Against, Rebuttal

Contact FOR Proposition 1A:
Californians for Yes on Prop. 1A
1130 K Street, Suite 210
Sacramento, CA 95814
Jim Murdoch (916) 448-8577

Contact AGAINST Proposition 1A:
Assemblyman Tom McClintock
1127 11th Street, Suite 216
Sacramento, CA 95814
(916) 448-9321
Fax: (916) 456-3279
Stoos@msn.com
http://www.peoplesadvocate.org

  Nonpartisan Analysis

League of Women Voters

California Journal California Voter Foundation Campaign Finances

Informed Voter

California Voter Foundation News and Analysis

Bakersfield Californian

Sacramento Bee San Francisco Chronicle San Jose Mercury News Partisan Analysis

Support

Oppose Live Election Returns

Secretary of State

Suggest a link related to this contest
Links to sources outside of Smart Voter are provided for information only and do not imply endorsement.

California Home Page || Statewide Links || About Smart Voter || Feedback


Created: February 16, 1999 18:53
Smart Voter '98 <http://www.smartvoter.org/>
Copyright © 1998 League of Women Voters of California Education Fund
The League of Women Voters neither supports nor opposes candidates for public office or political parties.