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State General Obligation Bond History - CalEdFacts

This content is part of California Department of Education's information and media guide about education in the State of California. For similar information on other topics, visit the full CalEdFacts.

The state issues voter-approved general obligation bonds to assist local educational agencies in building new schools and modernizing existing schools. Recent elections in which voters considered these bonds (and the outcomes of those elections) are listed below.

Year Dollars
1982 $500 million
1984 $450 million
1986 $800 million
1988 (June) $800 million
1988 (Nov) $800 million
1990 (June) $800 million
1990 (Nov) $800 million
1992 (June) $1.9 billion
1992 (Nov) $900 million
1994 (June) $1 billion (failed passage by 0.4%)
1996 (Mar) $2 billion
1998 (Nov) $6.7 billion (for four years)
2002 (Nov) $11.4 billion
2004 (Mar) $10 billion
2006 (Nov) $7.33 billion
Questions:   Fred Yeager | fyeager@cde.ca.gov |916-327-7148
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