October 5, 2012

State Bond Sale

The Office of Public School Construction is pleased to announce that a successful State bond sale in September has yielded approximately $222.47 million in Proposition 1D funds for School Facility Program projects. It is anticipated that an item will be presented at the December 2012 SAB meeting to allocate the funds from the bond sale to projects on the unfunded list with valid priority funding certifications (available here). During the certification filing period, 103 school districts submitted certifications for 217 projects, representing a total of $534.3 million. 

Source: Department of General Services