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Tuesday, October 8, 2019

Bond

Californians will vote next year whether to approve the largest school construction bond in state history. Gov. Gavin Newsom signed AB48 on Monday, placing a $15 billion bond to upgrade public school and college facilities on the March ballot*...
The bond would also provide $2 billion each to the community college system, the University of California and California State University. But that funding would be tied to the universities adopting five-year plans to increase the availability of affordable student housing around their campuses...
(A) recent poll by the Public Policy Institute of California found relatively soft early support for the bond heading into the campaign. Only 54% of likely voters surveyed said they would vote for the bond, slightly above the majority the measure would need to pass. Forty percent said they would oppose it...
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*Note: Under current law, most ballot propositions are placed on the November general election ballot. However, the legislature can do what it likes in terms of timing for propositions it puts on the ballot. So this one will be in March on the presidential primary ballot.

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