San Francisco Unified School District bond, Proposition A (November 2011)
Proposition A proposes the authorization of a $531 million bond.
If the bond is approved, homeowners will pay about $21 per $100,000 of assessed value every year until the bond is paid off.
The money will go to upgrade the last 50 of 140 schools in the district.
Voters in SFUSD approved $745 million in bonds in 2003 and 2006.
The question on the ballot:
|PROPOSITION A: Shall San Francisco Unified School District repair and rehabilitate facilities to current accessibility, health, safety and instructional standards, replace worn-out plumbing, electrical and other major building systems, replace aging heating, ventilation and air handling systems, renovate outdated classrooms and training facilities, construct facilities to replace aging modular classrooms, by issuing bonds in an amount not to exceed $531 million, at legal interest rates, with guaranteed annual audits, citizens' oversight and no money for school administrators' salaries?"|
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