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Schwarzenegger Signs $10.4 Billion Education Infrastructure Bond Component of Strategic Growth Plan

05/20 - Gov. Schwarzenegger today signed AB 127, authored by Assemblymember Fabian Nunez (D - Los Angeles), the Strategic Growth Plan education proposal which authorizes the placement of a $10.4 billion general obligation bond to fund K-12 and Higher Education on the November 2006 ballot.  Read More   

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Investing in California's Future

A Landmark Accomplishment

-->On May 5, 2006, the California Legislature approved an historic infrastructure package. The Strategic Growth Plan is a landmark accomplishment that will yield benefits for generations to come.

spacer -->Education: The proposal authorizes the placement of a $10.4 billion general obligation bond to fund K-12 and Higher Education on the November 2006 ballot.

Housing: The proposal authorizes that a $2.85 billion general obligation bond providing homeownership, rental, and permanent housing opportunities be placed on the November 2006 ballot.

Levee Repair and Flood Control: The proposal authorizes the placement of a $4.09 billion general obligation bond to repair and maintain levees and improve the flood control systems in the state on the November 2006 ballot.

Transportation: The proposal authorizes the placement of an $19.9 billion general obligation bond to fund repairs, reduce congestion, improve bridge safety, expand public transit and improve port security on the November 2006 ballot.

 

Recent News

spacer 05/19 - Schwarzenegger Signs $4.5 Billion Levee Repair and Flood Control Component of Strategic Growth Plan

spacer 05/19 - Schwarzenegger to Sign Disaster Preparedness and Flood Prevention Bond Act of 2006

spacer 05/18 - Schwarzenegger Highlights Additional Protection for Transportation Funding in Strategic Growth Plan

spacer 05/17 - Schwarzenegger Signs $2.85 Billion Housing Bond Component of Strategic Growth Plan

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Around the State

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Click to see how the Strategic Growth Plan affects different areas of California.
 

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