PUBLIC QUESTION NO. 1 - “Securing Our Children’s Future Bond Act
Do you approve the “Securing Our Children’s Future Bond Act”? This bond act authorizes the State to issue bonds in the aggregate principal amount of $500 million. The money from the sale of the bonds would be used to provide grants to schools, school districts, county vocational school districts, and county colleges. Money from the grants would be used to build, equip, and expand facilities to increase career and technical education program capacity. Money would also be used for school security upgrades and school district water infrastructure improvement projects.
[_] Yes
[_] No
INTERPRETIVE STATEMENT
This act would allow the State to borrow a total principal amount of $500 million. This money would be used to provide grants to county vocational school districts and county colleges to construct and equip buildings to increase capacity in career and technical education programs. The money would also be used to provide grants for school security projects at kindergarten through grade 12 schools. The money would also be used to provide grants for school district water infrastructure improvement projects. Three hundred fifty million dollars would support county vocational school district projects and school security projects. Fifty million dollars would support county college projects. One hundred million dollars would support school district water infrastructure improvement projects.