Governor Gavin Newsom released his proposed State Budget today, following are highlights for your information.
School Facilities Program
The Budget proposes to release $1.5 billion in Proposition 51 bond funds in 2019-20, and $1.2 million to fund ten positions at the Office of Public School Construction to support the increased processing of applications. Together with the $1.2 billion released in fiscal years 2017-18 and 2018-19, this would bring the total in Proposition 51 funds released to $2.7 billion. This proposal leaves $4.3 billion of voter-approved Prop. 51 bond funds unsold, while school facility advocates are building the case for 2020 and 2022 statewide school bonds.