Santa Rosa Junior College seeks $830M bond amid $1.8B economic impact
What happened
Santa Rosa Junior College is seeking $830 million in bond funding, which would be the largest bond in Sonoma County history. The college generates an annual economic impact of roughly $1.8 billion for Sonoma County, representing more than 5% of the county’s gross regional product.
From pressdemocrat.com
Why it matters
The college's presence supports the regional workforce, filling roles in local hospitals, police, and fire departments. Students who attend the junior college gain about $7.20 in lifetime earnings for every dollar spent on their education.
Sonoma County previously announced support for a college access program involving Santa Rosa Junior College.
From pressdemocrat.com
Who's involved
- Sonoma CountyThe county that receives the college's economic impact and provides structural support.
- Santa Rosa Junior CollegeThe junior college seeking $830 million in bond funding for operations and facilities.
- board of supervisorsThe body responsible for overseeing and approving county financial initiatives.
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.
- Santa Rosa Junior CollegeSpeculative
Santa Rosa Junior College could secure necessary funding to address operational deficits and facility needs if the bond is approved.
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The entities involved
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Sonoma County
county in California, United States
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Santa Rosa Junior College
community college in Santa Rosa, California
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