California Proposition 14 (2000)

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California Proposition 14 wason the March 7, 2000 ballot in California, where it was approved, with 59% of voters in favor.

Proposition 14 authorized a $350 million bond for public libraries and literacy programs.

The ballot measure was a legislative referral, placed on the ballot by the California State Legislature.

Ballot language

The summary of the ballot measure prepared by the California Attorney General read:

  • This act provides for a bond issue of three hundred fifty million dollars ($350,000,000) to provide funds for the construction and renovation of public library facilities in order to expand access to reading and literacy programs in California's public education system and to expand access to public library services for all residents of California.
  • Appropriates money from state General Fund to pay off bonds.

Fiscal impact estimate

The California Legislative Analyst's Office provided an estimate of net state and local government fiscal impact for Proposition 14. That estimate was:

  • State cost of about $600 million over 25 years to pay off both the principal ($350 million) and interest ($250 million) costs on the bonds. Payments of about $24 million per year.
  • One-time local costs (statewide) of $190 million to pay for a share of library facility projects. Potential additional local operating costs (statewide) ranging from several million dollars to over $10 million each year.

Campaign spending

$166,787 was spent in favor of the measure, while there was no opposition campaign.

Path to the ballot

Proposition 14 was voted onto the ballot by the California State Legislature via Senate Bill 3 of the 1999-2000 Regular Session (Chapter 726, Statutes of 1999).

See also

External links

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