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State School Bond Passed by Legislature & Signed By (Acting) Governor

Wednesday, July 3, 2024  

Good news! AB 247 was passed by the Legislature and signed by the (acting) Governor this evening, officially placing the state school bond on the November 2024 ballot! The bond authorizes $10 billion for K-14 school facilities, with $1.5 billion for community college capital outlay projects and $8.5 billion for K-12 school districts.

In an odd twist, both Governor Newsom and Lieutenant Governor Kounalakis are out of the state today.  As such, Senate Pro Tem Mike McGuire is serving as the acting Governor.  He signed both AB 247 and SB 867, which places a $10 billion climate bond on the November 2024 ballot.

Additionally, the Legislature passed and the (acting) Governor signed AB 440, which stipulates the order of measures on the November ballot.  Per AB 440, the school bond will be shown on the ballot as the first of multiple measures passed by the Legislature, with a number of Proposition 2! 

Click here for the full text of AB 247.  The bond will fund the current community college capital outlay program, with the addition of new accountability provisions.  These include an independent performance audit and a required public hearing before the governing board approves a project that seeks state bond funding. 

CCFC thanks the Legislature for their leadership on this important issue, especially during a challenging fiscal year.  Stay tuned for more information in the coming days on ways your district or organization can support the successful passage of the bond in November!

 

Rebekah Kalleen
CCFC Executive Director