Supporters make case for California school bond – Sacramento Bee

By Jim Miller

Legislative supporters of putting a multibillion-dollar school construction bond on the fall ballot kicked off efforts Monday to pass the measure by the end of next week, with California’s largest homebuilding group warning that the state otherwise faces a “nuclear option” of more expensive homes.

State voters last passed a school bond in 2006, and the program has been virtually out of money since 2012. Bond legislation cleared the Assembly unanimously earlier this year. Gov. Jerry Brown, though, has been cool to the idea, writing in his January budget proposal that any revived school construction program needs to “avoid an unsustainable reliance” on state debt.

via Supporters make case for California school bond – Capitol Alert – The Sacramento Bee.

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