February 16, 2016
Today, the Californians for Quality Schools campaign announced that United States Representative Eric Swalwell (D- Dublin) endorsed the Kindergarten Through Community College Public Education Facilities Bond Act of 2016. The measure, a $9 billion state school facilities bond to adequately fund school construction and modernization projects throughout the state, will appear on the November 2016 ballot.
July 22, 2015
C.A.S.H. Federal Update
Good news – The Senate Finance Committee approved a $95 billion tax extenders package extending 52 expired tax provisions for 2 years, including the Qualified Zone Academy Bond (QZAB) program. QZABs provide tax credits to assist the financing of school renovation, repair and modernization projects. The approved Modified Chairman’s package also includes a modification to the QZAB program reducing the required local match from 10 to 5 percent. This change should particularly assist small and rural school districts. The Finance Committee hopes to bring the extenders bill to the Senate Floor for approval before Congress leaves Washington for its summer recess.