Support for Proposition 26, an Initiative Constitutional Amendment:
(titled) School Facilities Bonds; Local Majority Vote
AS-2480-00/FGA - January 20-21, 2000
RESOLVED: That the Academic Senate of the California State University support Proposition 26, an Initiative Constitutional Amendment: (titled) School Facilities Bonds; Local Majority Vote, as it appears on the March 2000 primary election ballot, and urge campus senates to extend their support in the form of campus senate resolutions.
RATIONALE: Proposition 26 would 1) authorize simple majority vote approval for local school bonds, 2) authorize property taxes in excess of 1 percent to pay the bonds, and 3) prohibit bond use for teacher and administration salaries and all other school operating expenses. The initiative would also implement accountability requirements including annual performance and financial audits, and a requirement that a specific list of projects to be built with bond money be provided to voters.
The state constitution requires a 2/3 vote on all local general obligation bonds. Since 1978 this super-majority requirement has led to the defeat of one-half of proposed school district bond measures, totaling $6.8 billion of $15.5 billion proposed. The California Department of Finance projects enrollment growth of one million K-12 students over the next decade and estimates $46.6 billion will be needed to build required facilities.
The proposed amendment to the constitution establishing a majority vote requirement would improve the likelihood of voter approval of school bond measures which is critical to meeting the future demand for facilities.
APPROVED WITHOUT DISSENT January 20-21, 2000