San Francisco Proposition A Passes: School Facilities Bond 2024-11
Basic
3
Ṁ55
Nov 14
71%
chance

This market resolves YES if San Francisco Proposition A, November 2024 passes. It requires 55% of the vote to pass. From the SF Elections voter guide:

Proposition A would authorize the School District to borrow up to $790 million by issuing general obligation bonds. The School District may use these bond funds to improve, repair and upgrade any of its sites to: 

  • address health and safety risks by making seismic upgrades, improving accessibility for people with disabilities, fixing damaged buildings and removing hazardous materials;

  • repair and replace major building systems, including electrical, heating, water, sewer, lighting, security and fire sprinkler systems;

  • modify building interiors, such as classrooms, and exteriors, including playgrounds, fences and gates, fields and bleachers, and landscaping;

  • add or expand existing classrooms or school buildings, including portable classrooms and transitional kindergarten facilities;

  • upgrade security and technology infrastructure;

  • build or renovate common, administrative or athletic areas, such as kitchens, student nutrition facilities, theaters, auditoriums, gymnasiums, locker rooms, offices, transportation facilities and infrastructure, warehouses, and buildings and grounds facilities;

  • construct a new central food hub;

  • replace temporary classroom facilities with permanent structures;

  • perform work necessary to comply with applicable codes or regulations.

The School District would be required to create an independent citizens' oversight committee to review and report on the use of these bond funds.

Proposition A may require an increase in the property tax to pay principal and interest on the bonds. This measure requires the approval of 55% of the votes cast.

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