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Debt! On November 6, 2012, California Voters Approved 91 Local Ballot Measures to Authorize Borrowing $13.3 Billion for Construction by Selling Bonds

UPDATE: the California school bond results for the November 6, 2012 election have been revised on the excellent www.californiacityfinance.com web site managed by Michael Coleman. Go to Local Revenue Measures in California: Final Results (February 6, 2013 FINAL).

Below are the final November 6, 2012 election results of the 106 bond measures for K-12 school and community college districts in California, sorted from largest amount to smallest amount. These bond measures were proposed by a total of 105 districts, as Sacramento City Unified School District had two bond measures (totaling $414 million).

Out of the 106 bond measures on the ballot authorizing bond sales totaling $14,429,141,190, voters approved 91 of them, thereby authorizing educational districts to borrow up to $13,278,801,190 for construction by selling bonds. This includes the whopping $2.8 billion Proposition Z for the San Diego Unified School District.

Keep in mind that this $13.3 billion will need to be paid back to bond investors with interest! Assume that these 91 bond measures will cost taxpayers about $25 billion to repay.

Voters rejected 15 bond measures totaling $1,150,340,000. The big one that voters rejected was the $497 million Proposition EE for MiraCosta Community College.

So the success rate for approval of individual bond measures was 86%, and the success rate for approval of dollar amounts of proposed bond sales was 92%.

I compiled the charts below by cross-referencing the Ballotpedia entry for “School Bond Elections in California” (November 6, 2012) with the chart of final November 6, 2012 election results for “Local Revenue Measures in California” on the www.californiacityfinance.com web site. I then referred to official county election records to resolve discrepancies and to double-check final results for bond measures in which the results were close.

The information on www.californiacityfinance.com and www.ballotpedia.org is current and accurate as of February 11, 2013. (I contacted www.californiacityfinance.com about changes and made the changes on www.ballotpedia.org myself.)

The “preliminary and unofficial’ revised list of “November 6, 2012 Local School Bond and Parcel Tax Measures Results” posted on the Coalition for Adequate School Housing (CASH) web site is current only through November 20, 2012 – it has not been updated to show the final results.

Educational Bond Measures Approved by California Voters

November 6, 2012
Sorted by Highest to Lowest Amount Authorized for Borrowing Through Bond Sales
San Diego Unified, Proposition Z


Chaffey Joint Union High, Measure P


Coast Community College, Measure M


Oakland Unified, Measure J


San Dieguito Union High, Proposition AA


Grossmont-Cuyamaca Community College, Measure V


Santa Monica-Malibu Unified, Measure ES


West Contra Costa Unified, Measure E


Cerritos Community College, Measure G


El Camino Community College, Measure E


San Juan Unified, Measure N


Solano Community College


Sacramento City Unified, Measure Q


San Jose Unified, Measure H


San Ramon Valley, Measure D


San Bernardino City Unified, Measure N


Palmdale Elementary, Measure DD


Morgan Hill, Measure G


Rancho Santiago Community College, Measure Q


Temecula Valley Unified, Measure Y


Rowland Unified, Measure R


Stockton Unified, Measure E


Perris Union High


Pajaro Valley Unified, Measure L


Panama-Buena Vista Union, Measure P


Tustin Unified, Measure S


Covina-Valley Unified, Measure CC


Temple City Unified, Measure S


Alum Rock Union, Measure J


East Side Union High, Measure I


Lynwood Unified, Measure K


Chula Vista Elementary, Measure E


Inglewood Unified, Measure GG


Oxnard Schools, Measure R


Cajon Valley Union, Measure C


Alvord Unified, Measure W


Bellflower Unified, Measure BB


Chico Unified, Measure E


San Carlos Elementary


Folsom Cordova Unified, Measure P


Sacramento City Unified, Measure R


Jefferson Elementary, Measure I


Lancaster Elementary, Measure L


Redondo Beach Unified, Measure Q


Visalia Unified, Measure E


Antioch High, Measure B


Burlingame Elementary, Measure D


Whittier City Elementary, Measure Z


Castaic Union Elementary, Measure QS


Sanger Unified, Measure S


Hemet Unified, Measure U


Jefferson Union High, Measure E


Coachella Valley Unified, Measure X


Kings Canyon Unified, Measure K


Soledad Unified, Measure C


Templeton Unified, Measure H


La Habra City Schools, Measure O


St. Helena Unified, Measure C


South Bay Union, Measure Y


Ripon Unified, Measure G


McFarland Unified, Measure M


Mount Pleasant Schools, Measure L


Sonora Union High, Measure J


Washington Unified, Measure W


Hueneme Elementary, Measure T


Escalon Unified, Measure B


Mendota Unified, Measure M


Westside Union Elementary, Measure WR


Little Lake City, Measure EE


Lindsay Unified, Measure L


West Hills Community College, Measure L


Antioch Union High, Measure C


Caruthers Unified, Measure C


Standard School, Measure Q


Fortuna Union, Measure D


Weaver Union, Measure G


Wheatland Union, Measure U


Somis Union, Measure S


Delhi Unified, Measure E


Summerville Union High, Measure H


Brawley Elementary, Measure S


Arcata Elementary, Measure F


Roseland Schools, Measure N


Spreckels Union, Measure B


Gravenstein Union, Measure M


Ocean View Schools, Measure P


Nuview Union, Measure V


Wilmar Union, Measure P


Earlimart Schools, Measure H


Dehesa Schools, Measure D


Pacific Elementary, Measure M





Educational Bond Measures Rejected by California Voters

November 6, 2012
Sorted by Highest to Lowest Amount Not Authorized for Borrowing Through Bond Sales


MiraCosta Community College, Proposition EE


Ocean View Schools, Measure P


Yucaipa-Calimesa Joint Unified, Measure O


Porterville Unified, Measure J


Del Mar Union, Proposition CC


Ramona Unified, Measure R


Mountain Empire Unified, Measure G


Fountain Valley, Measure N


Santa Ynez Valley Union High, Measure L


Willows Unified, Measure P


College School District, Measure K


Gridley Unified, Measure G


Elk Hills, Measure O


Butteville Union, Measure R


Knightsen Elementary, Measure H