California Proposition 1A, Bonds for Education (1998)
California Proposition 1A, also known as the Class Size Reduction Kindergarten-University Public Education Facilities Bond Act of 1998, was on the November 3, 1998 ballot in California as a legislatively-referred bond act, where it was approved.
Proposition 1A authorized a $9.2 billion bond for a variety of educational uses.
Of voters who cast a vote in this election, 797,394 or 9.25% did not cast a vote on Proposition 1A.
Text of measure
The ballot title was:
The official ballot summary said:
- 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.
The California Legislative Analyst's Office provided an estimate of net state and local government fiscal impact for Proposition 1A. That estimate was:
- 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.
Supporters of Proposition 2 spent $2,888,850. The top contributors to pass the measure were:
- California Teachers Association Issues PAC: $1,043,454
- Signal Landmark: $121,650
- John T. Walton: $100,000
- San Manuel Band of Mission Indians: $75,000
- California Building Industry Association: $60,000
- California Republican Party: $55,016
- Edison International: $50,000
- California Association of Realtors Issues Mobilization PAC: $50,000
- Construction Industry Advancement Fund - Northern California: $50,000
- The UCLA Foundation: $46,002
Opponents of Proposition 2 spent $5,025. The only contributor was Norm Rodgers, who contributed the $5,025 spent on the campaign.
Path to the ballot
Proposition 1A was referred to the ballot through Senate Bill 50 (Statutes of 1998, Chapter 407).
|Votes in legislature to refer to ballot|