School Bonds Popular With Voters
California schools are set to receive almost $22.5-billion, with bond money approved by voters Tuesday.
That amount is the largest ever approved in state history. Some analysts say they´re surprised that people are willing to incur so much debt during a recession. But others say they expected it because education has been a top priority for voters for the past few years.
Californians approved most of the state and local school bond measures this election. At the top of that list is Proposition Forty-Seven, which will pump $13-billion into school construction around the state.
Voters also passed 89 out of 97 local school bonds. Districts will be getting a total of $9.4- billion from that.