San Diego Unified School District bonds, Proposition Z (November 2012)
Proposition Z authorized the district to borrow $2.8 billion.
A 55% supermajority vote was required for approval.
- Final official results from the San Diego County elections office.
The editorial board of the San Diego Union-Tribune urged its readers to vote "no" on Proposition Z, writing, "For two powerful reasons, voters within the San Diego Unified School District have an easy decision when it comes to the $2.8 billion Proposition Z bond measure on the November ballot. The measure is grossly irresponsible – it uses 30-year borrowing to help cover a vast array of routine expenses that should be covered in operating budgets. What’s more, it isn’t paired with any fundamental change in the unsustainable approach the district takes to its finances. As such, Proposition Z amounts to a temporary reprieve for a broken system, brought to us by a school board whose majority doesn’t believe the system is broken."
The question on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|Proposition Z: "To repair neighborhood schools and charter schools with funding the state cannot take away by: Repairing deteriorating 60-year-old classrooms, libraries, wiring, plumbing, bathrooms and leaky roofs; Removing hazardous mold, asbestos, and lead; Upgrading fire safety systems/doors; Upgrading classroom instructional technology, labs and vocational education classrooms; Shall San Diego Unified School District issue $2.8 billion in bonds at legal interest rates with citizen’s oversight, independent financial audits, no money for administrators’ salaries and all funds spent locally?"|