San Diego Unified School District Seeks $3.5 Billion Bond for Facilities Upgrade
What happened
The San Diego Unified School District is seeking voter approval for a major bond measure totaling $3.5 billion. This package aims to fund necessary facilities upgrades for the district, which is the state’s second-largest school district. The bond measures, which are being decided by voters in eight San Diego County school districts and one community college district, require approval from 55% of voters to pass. If approved, the bonds would raise property taxes between $13 and $58 per $100,000 of assessed value.
Why it matters
The bond measures are intended to address aging infrastructure across the affected school districts. The successful passage of the measure would allow the San Diego Unified School District to borrow the necessary funds to carry out large-scale facility improvements.
Who's involved
- San Diego Unified School DistrictThe school district is pursuing the region's largest bond package to fund facilities upgrades.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- La MesaSpeculative
The property tax increase resulting from the bond could directly impact local residents' costs and property ownership in La Mesa.
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The entities involved
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San Diego County
county in California, United States
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San Diego Unified School District
School district in San Diego, California
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