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Facilities - Prop A Bond Program

General Obligation Bonds

A general obligation bond is a type of municipal bond that relies on tax revenue to repay the bond holder. General obligation bonds are a relatively safe way to provide states and local governments with funds for community improvement.

Proposition A 2003

In November 2003, San Francisco voters passed Proposition A 2003 and initiated the SFUSD bond program.

Proposition A 2003 authorizes the San Francisco Unified School District to issue up to $295 million of general obligation bonds for:

  • The modernization of 30 school sites
  • The creation of a green schoolyard program
  • Partial funding for a new School of the Arts
  • Planning for future bond issues
Highest priorities for work at the school sites went towards enhancing handicapped accessibility and making fire and life safety improvements.

Proposition A 2006

In November 2006, the voters of San Francisco approved Proposition A 2006. Proposition A 2006 authorizes the school district to issue up to $450 million of general obligation bonds for:

  • Modernization of 59 additional school sites
  • Expansion of the green schoolyard program
  • Further funding for a new School of the Arts
  • Planning for future bond issues

Priorities for modernization are the same as for Proposition A 2003; however, the group of sites affected by Proposition A 2006 are more varied in that they include early education centers, charter schools, leased sites, and non-academic, administrative sites.

Public Oversight

The Citizens Bond Oversight Committee provides local oversight of the Proposition A bond program and meets quarterly at 135 Van Ness Avenue. Citizens Bond Oversight Committee website includes information about the SFUSD bond program, the purpose of the CBOC, members of the CBOC, Green Schoolyard Program, important legislative and legal documents, meeting agendas and minutes, audits, monthly financial reports, and contact information.

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