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California Proposition 14, Public Libraries Bond Measure (March 2000)

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California Proposition 14
Flag of California.png
Election date
March 7, 2000
Topic
Bond issues
Status
Approveda Approved
Type
Bond issue
Origin
State Legislature

California Proposition 14 was on the ballot as a bond issue in California on March 7, 2000. It was approved.

A "yes" vote supported issuing $350 million in bonds for the construction and renovation of public library facilities.

A "no" vote opposed issuing $350 million in bonds for the construction and renovation of public library facilities.


Election results

California Proposition 14

Result Votes Percentage

Approved Yes

4,298,471 58.94%
No 2,994,289 41.06%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 14 was as follows:

California Reading and Literacy Improvement and Public Library Construction and Renovation Bond Act of 2000.

Ballot summary

The ballot summary for this measure was:

  • This act provides for a bond issue of three hundred fifty million dollars ($350,000,000) to provide funds for the construction and renovation of public library facilities in order to expand access to reading and literacy programs in California's public education system and to expand access to public library services for all residents of California.
  • Appropriates money from state General Fund to pay off bonds.

Full Text

The full text of this measure is available here.


Fiscal impact statement

The fiscal impact statement was as follows:

  • State cost of about $600 million over 25 years to pay off both the principal ($350 million) and interest ($250 million) costs on the bonds. Payments of about $24 million per year.
  • One-time local costs (statewide) of $190 million to pay for a share of library facility projects. Potential additional local operating costs (statewide) ranging from several million dollars to over $10 million each year.

[1]


Path to the ballot

Proposition 14 was voted onto the ballot by the California State Legislature via Senate Bill 3 of the 1999-2000 Regular Session (Chapter 726, Statutes of 1999).

Votes in legislature to refer to ballot
Chamber Ayes Noes
Assembly 59 15
Senate 34 3

See also


External links

Footnotes

  1. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.