VOTE NO
Summary:
Proposition 2 seeks to authorize the sale of $10 billion in general obligation bonds to fund the renovation and construction of K-12 public schools and community college facilities across California. Of the total, $8.5 billion would be allocated to public schools, with a focus on new construction, renovation, career technical education facilities, and charter schools. The remaining $1.5 billion would be used for community colleges, allowing them to fund a mix of projects including new buildings, renovations, and equipment purchases. The state would cover 50-65% of project costs, with additional funding set aside for small and under-resourced school districts to ensure they can access the resources needed for critical improvements.
Why We Do Not Support Proposition 2:
While improving education infrastructure is important, Proposition 2 raises several concerns. The measure would add $500 million annually to California’s debt for the next 35 years, increasing the state’s financial obligations without guaranteeing that funds will be distributed equitably. Historically, wealthier districts have been able to access more state funds than under-resourced districts, and Proposition 2 does not go far enough to change this disparity. Thrive LA PAC believes in fiscally responsible governance, and adding more long-term debt for infrastructure projects—especially when there are still inefficiencies in how funds are allocated—poses a risk to the state’s financial stability. Moreover, the state has other urgent needs that may require future funding, and tying up resources in this bond could limit flexibility for addressing those issues.