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Educational Facilities on the Ballot This November

10/3/2024

This is the most contentious election cycle in recent years as Vice President Kamala Harris and former President Donald Trump fight to become the next president of the United States.  

While all eyes are locked in on the main race, they aren’t the only ones who will be on the ballot this November. This Fall, numerous education facilities are asking voters to approve billions of dollars in spending

According to EdWeek, California officials are asking for $10 billion to fund school infrastructure. The state previously asked for $15 billion in 2020 but failed to secure the funding.  

Educational facilities have two categories when it comes to spending: operational, which includes everything from salaries, benefits, curriculum materials and instructional supplies; and capital, which includes infrastructure projects, such as replacing outdate HVAC equipment or retrofitting an old building with new and modern technology. Capital spending requires districts to take out bond-style loans that need to be repaid over 30 years. Traditionally, districts must require a majority of votes before they can borrow the money, EdWeek reports. Still, public support for school bonds varies on factors both in and out of a district’s control, such as the presidential election and wording of the ballot question. The simpler the language, the more likely it is that voters will be able to understand how voting for the initiative will affect them.   

It is not common for bond elections to occur at the same time of the presidential elections. EdWeek reports that voters have already approved more than 1,000 bonds just this year, while rejecting 319 – a passage rate of 76 percent.  

Bond elections this election season include: 

California 

Houston 

Kansas City, Kansas 

Mackenna Moralez is the associate editor of the facilities market.