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.
Bond supporters say they will try to change the governor’s mind. Monday, the pro-bond Coalition for Adequate School Housing started running TV and radio ads. Proponents said a new bond would improve students’ learning experience and create construction jobs.