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DGS: Office of Public School Construction: Proposition 1A (Nov. 1998) Summary

Proposition 1A
Proposition 1A, Kindergarten-University Public Education Facilities Bond Act of 1998 was approved by the voters the following November 1998. This Proposition provided $6.7 billion in general obligation bonds for K –12 public school facilities and provided the first funding for the new School Facility Program. The School Facility Program provides State funding assistance for two major types of facilities construction projects; new construction and modernization. At the time of the passage of this proposition it was the largest school bond in the history of the State.

Mission Statement
As staff to the State Allocation Board, the Office of Public School Construction facilitates the processing of school applications and makes funding available to qualifying school districts. These actions enable school districts to build safe and adequate school facilities for their children in an expeditious and cost-effective manner.

The following chart summarizes the K-12 facilities funding provided in Proposition 1A as of May 22, 2013:

Program	Amount Authorized	Amount Committed	Balance
New Construction	$2,900,000,000	$2,899,700,000	$300,000
Modernization	$2,100,000,000	$2,100,000,000	$0
Hardship	$1,000,000,000	$996,200,000	$3,800,000
Class Size Reduction	$700,000,000	$700,000,000	$0
Total:	$6,700,000,000	$6,695,900,000	$4,100,000

Proposition 1A Funding Highlights
Total Amount Authorized	$6,700,000,000
Total Amount Funded	$6,695,900,000
Total Remaining Balance		$4,100,000
Statewide Cost	$2,562,659
Administrative Cost	$42,974,806
Total Statewide & Administrative Cost		$45,537,465

SFP Status of Funds
For a more thorough breakdown of the current state of the School Facility Program's funding, please refer to the SFP Status of Funds.

Program Accomplishments
The statewide bond funds provided under the School Facility Program represent tremendous accomplishments benefitting the students of California.

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