CB CalBallot

Proposition 53

California Statewide • 1986 •  Legislative Referendum 

Passed

Result: 60.7% yes, 39.3% no

AI-generated plain-language summary

This measure authorized the state to issue $800 million in bonds to fund construction and renovation of public school facilities through a lease-purchase financing arrangement. The bonds would be repaid through the state's general fund over time to address school building needs throughout California.

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