Proposition 13 would spend $15 billion on California schools

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CHRISTOPHER WEBER Associated Press LOS ANGELES (AP) — The only statewide measure on Tuesday's California primary ballot is a $15 billion bond to repair and modernize aging schools, many of which are more than a half-century old and have issues ranging from leaky roofs and old wiring to toxic mold. Some $9 billion from Proposition 13 would go to K-12 schools, with priority given to addressing health and safety concerns such as removing asbestos and eliminating lead from drinking water. Of that, $5.8 billion would go to updating school facilities, followed by $2.8 billion for new construction and $500 million each for charter schools and facilities for technical education. The borrowed money does come with a price tag: taxpayers would owe an estimated $11 billion in interest over the
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