Senate Bill 7 - Truth in Borrowing

Fact Sheet (pdf)

Bill Text

Sponsor Letter (PDF)

Support Letter - Howard Jarvis Taxpayers Assn (pdf)

Summary

Senate Bill 7 would increase transparency in school bond measures by requiring school and community college districts to specify expenditures, including the name of the school where the funds will be spent, along with basic cost estimates of the project, in their bond proposals.  Detailed information on proposed projects and the school or college campus being impacted allow taxpayers to be assured that the actual projects they approved will be implemented and not abandoned for less transparent projects.

Articles:

Reports:

Contact

Catherine Bird, Legislative Director
Catherine.Bird@sen.ca.gov; 916-651-4037