2024 California Proposition 2

Proposition 2
November 5, 2024 (2024-11-05)
Authorizing Bonds for Public Schools and Community College Facilities
Authorize $10 billion of bonds to build and repair facilities at K-12 public schools and community colleges. Requires annual audits. Increased state costs of about $500 million annually for 35 years to repay the bond.
Results
Choice
 Votes  %
Yes 5,752,647 57.04%
No 4,333,475 42.96%
Valid votes 10,086,122 100.00%
Invalid or blank votes 0 0.00%
Total votes 10,086,122 100.00%
Source: California Secretary of State

Proposition 2, titled Authorizing Bonds for Public Schools and Community College Facilities, was a California ballot proposition and legislative statutes that passed in the 2024 general election on November 5, 2024. The proposition authorized the issuance of $10 billion in state general obligation bonds for repair, upgrade, and construction of facilities at K–12 public schools and community colleges; this also includes charter schools throughout the state of California.

The proposition also allowed for the authorization of the following:

  • Provides funding for new facilities, to improve school health and safety conditions at existing facilities, and for classroom upgrades (e.g., science, engineering, transitional kindergarten, and vocational classrooms).
  • Expands eligibility for financial hardship grants for small and disadvantaged school districts.
  • Provides higher percentage of state matching funds to schools demonstrating greatest need.
  • Requires public hearings and performance audits.
  • Appropriates money from General Fund to repay bonds.
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