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- $49,999,957
REDONDO BEACH UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Los Angeles County, California)
- $45,905,000
KERN COMMUNITY COLLEGE DISTRICT
REFUNDING CERTIFICATES OF PARTICIPATION
(Kern County, California)
- $8,000,000
ORLAND JOINT UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Counties of Glenn and Tehama, California)
- $65,000,000
STOCKTON UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(San Joaquin County, California)
- $117,190,000
GOLDEN EMPIRE SCHOOLS FINANCING AUTHORITY
2008 LEASE REVENUE REFUNDING NOTES
(Kern County, California)
- $7,999,828.50
ENTERPRISE ELEMENTARY SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Shasta County, California)
- $9,998,688
SISKIYOU JOINT COMMUNITY COLLEGE DISTRICT
GENERAL OBLIGATION BONDS
(Counties of Siskiyou and Shasta, California)
- $9,720,000
PACIFIC GROVE UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Monterey County, California)
- $40,000,000
HEMET UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Riverside County, California)
- $50,000,000
GAVILAN JOINT COMMUNITY COLLEGE DISTRICT
GENERAL OBLIGATION BONDS
(Santa Clara County, California)
- $100,000,000
PERALTA COMMUNITY COLLEGE DISTRICT
GENERAL OBLIGATION BONDS
(Alameda County, California)
- $47,275,000
KERN COMMUNITY COLLEGE DISTRICT
2007 REFUNDING CERTIFICATES OF PARTICIPATION
(Kern County, California)
- $42,000,000
PALM SPRINGS UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Riverside County, California)
- $8,499,984.80
DINUBA UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Tulare County, California)
- $11,545,000
EAST SIDE UNION HIGH SCHOOL DISTRICT
GENERAL OBLIGATION REFUNDING BONDS
(Santa Clara County, California)
- $19,997,738.75
EAST SIDE UNION HIGH SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Santa Clara County, California)
- $2,600,000
LOS OLIVOS SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(Santa Barbara County, California)
- $23,650,000
SANTA BARBARA SCHOOLS FINANCING AUTHORITY
2007 GENERAL OBLIGATION REVENUE BONDS
(Santa Barbara County, California)
- $13,265,000
SANTA BARBARA SCHOOLS FINANCING AUTHORITY
2007 GENERAL OBLIGATION REVENUE BONDS
(Santa Barbara County, California)
- $60,000,000
STOCKTON UNIFIED SCHOOL DISTRICT
GENERAL OBLIGATION BONDS
(San Joaquin County, California)
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As Mark Twain once said, “Reports of my death have been greatly exaggerated.”
After the passage of Proposition 39 lowered the threshold to 55%, much of the financial industry turned their back on two-thirds elections for California school districts.
Not so fast, was our response. Sure, 55% is a whole lot easier than two-thirds, but it’s not always the best solution. Funding constraints, election delays, another layer of oversight bureaucracy. There are plenty of reasons a district should still consider a two-thirds bond election.
In fact, not only are they not dead, they’re doing quite well, thank you. Since the passage of Proposition 39, nearly $2 billion in successful two-thirds California school district bond elections have been passed by California's voters.
Harder to pass? You bet. But with the right doses of planning, patience, and political footwork, we’ve proved they’re still winnable.
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