Propositions
Lease Revenue Bonds
School Bond Data
- Proposition 1D (Nov. 2006)
- Proposition 55 (Mar. 2004)
- Proposition 47 (Nov. 2002)
- Proposition 1A (Nov. 1998)
Bond Accountability
OPSC Resources
- Office of Public School Construction Management Information
- Regulations
- Law
- School Facility Programs HandBook
- School Facility Programs Audit Guide
- State Allocation Board Forms
- Project Information Worksheet Custom Reports
Right Column
DGS: Office of Public School Construction: Proposition 55 (Mar. 2004) Summary
Proposition 55
The passage of Proposition 55, the Kindergarten-University Public Education Facilities Bond Act of 2004,
in March 2004 provided an additional $10.0 billion in general obligation bonds for the construction and
renovation of K–12 school facilities. These funds are made available through the School Facility Program,
and continue to assisting school districts with overcrowding, accommodating future enrollment growth and
repairing and modernization older facilities.
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 55:
| Proposition 55 Funding Highlights | ||
| Total Amount Authorized | $10,000,000,000 | |
| Total Amount Funded | $8,706,770,891 | |
| Total Remaining Balance | $1,293,229,109 | |
| Statewide Cost | $34,380,206 | |
| Administrative Cost | $24,620,666 | |
| Total Statewide & Administrative Cost | $59,000,872 | |
| Total Funds Available | $1,234,228,237 | |
Program Accomplishments
The statewide bond funds provided under
the School Facility Program represent tremendous
accomplishments benefitting the students of California.
![]() |
Mouse over these icons to learn more. |

