PROPOSITION 2 Bonds for Public School and College Facilities
Passed CA · 2024-11-05
In plain English
This ballot measure would allow the state to borrow money by issuing bonds to pay for improvements and repairs to public schools and college buildings and facilities. The money raised would be used for construction, renovation, and infrastructure projects at K-12 schools and higher education institutions.
If this passes
What would actually change. No predictions, no opinions.
- The state would be authorized to issue bonds (borrow money) for public school and college facility projects
- Bond proceeds would fund construction, repairs, and improvements to school and college buildings and infrastructure
- Schools and colleges would be able to use these funds for facility-related projects rather than other budget purposes
- The state would be obligated to repay the borrowed money over time through its budget
Who's funding each side
Supporting (Yes)
$1126.5M
Top donors
CROWN GAMING INC. d/b/a DRAFTKINGS$150.8M
Betmgm Llc(Responsible Officer: Andrew Hagopian)$108.3M
BETFAIR INTERACTIVE US LLC d/b/a FANDUEL SPORTSBOOK(RESPONSIBLE OFFICER: CORY FOX)$100.0M
Opposing (No)
$1960.9M
Top donors
Margaret WhitmanRetired Business Owner, N/A
$144.2M DaVita, Inc.$119.6M
Tom SteyerCandidate, Steyer for Governor 2026
$116.4M
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candidates or measures. Every number on this page comes from official disclosure filings, cited below.
Sources
- Measure text and title: official ballot materials.
- Committee finance: campaign disclosure filings (Forms 460 & 497) filed with the California Secretary of State (Cal-Access).
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