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RandySF

(70,614 posts)
Tue Sep 24, 2024, 12:36 AM Sep 24

San Francisco Proposition A

Prop. A, a general-obligation bond, provides up to $790 million to continue repairs and upgrades to San Francisco Unified School District facilities.

The district may use bond proceeds for purposes that include constructing, repairing and modernizing classroom and outdoor facilities and playgrounds; constructing new cafeterias; improving earthquake safety; replacing worn-out electrical, plumbing and HVAC systems; and improving safety features.

Homeowners will pay about $12.95 per $100,000 of assessed value every year until the bond is paid off, estimated to be 2047. Landlords may be able to pass through a portion of general obligation bond repayment costs to tenants.

Bond funds will only be used for schools that remain in the district’s portfolio following closures, mergers and co-locations. The Board of Education will approve a list of schools slated for closure in December. Under state law, school districts cannot use bond funds for teacher and administrator salaries or operating expenses.



https://www.sfexaminer.com/news/politics/2024-sf-voter-guide-local-propositions-measures-on-ballot/article_97615262-7776-11ef-913a-ebf36660f047.html

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