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PROPOSITION | 1A |
Yes: |
62.5 % |
No: |
37.5 % |
Measure: |
Passed |
Sponsors: Senator Leroy F. Greene, and Assembly Members Antonio Villaraigosa and Keith Olberg.
Summary: Will provide funding for education facilities for at least four years for class size reduction, to relieve overcrowding and accomodate 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.
Fiscal Impact: 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.
P R O |
C O N |
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CONTACT INFORMATION |
Californians for Yes on Proposition 1A |
Assemblyman Tom McClintock |
WHO SIGNED THE OFFICIAL BALLOT PAMPHLET ARGUMENTS | Larry McCarthy, President, California Taxpayers' Association; Lois Tinson, President, California Teachers Association; Howard Owens, Director, Congress of California Seniors. | Assemblyman Tom McClintock; Lewis K. Uhler, President, National Tax Limitation Committee; Edward J. "Ted" Costa, CEO, People's Advocate, Inc. |
FOR MORE INFORMATION, CVF RECOMMENDS |
Follow the money - CVF has compiled summary campaign finance information and a list of top ten contributors for each ballot measure committee that has filed a report with the Secretary of State.
The Secretary of State's Voter Information Guide - features the Attorney General's summary, official pro/con arguments, the Legislative Analyst's analysis (including background information, details of the proposal, and the fiscal effect of the measure) and the full text of this measure.
The California Journal - provides independent, in-depth analysis, including background on the issue and arguments for and against the measure.
The League of Women Voters' Pro/Con Analysis - provides an excellent, nonpartisan review of this measure.
This page first published October 1, 1998
Final update December 12, 1998
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