Passed
Result: 63.9% yes, 36.1% no (35,602 votes cast)
This measure authorizes the Monterey Peninsula Unified School District to issue $340 million in bonds to upgrade school facilities, build teacher housing, and improve safety systems, funded through a property tax of approximately 5 cents per $100 of assessed value. The bonds would generate an average of $19.3 million annually while outstanding, with citizen oversight and restrictions preventing funds from being used for administrator salaries.