Allan Hancock Joint Community College District Measure H2026: $290 Million College Facilities Bond
Source: sbcvote.com
What does this measure do?
Supports: Public Education Quality, Public Infrastructure
Lets Allan Hancock College borrow $290 million to repair and upgrade classrooms, labs and job-training buildings, fix roofs and plumbing, remove asbestos, and build a center for local four-year degrees. Property owners in the district would pay about $19 a year per $100,000 of assessed value.
Proposed by: Allan Hancock Joint Community College District Board of Trustees
The district's elected college board. It asked voters to let the district borrow $290 million for college buildings, paid back with property taxes. It needs 55% yes votes.
Source: sbcassessor.com
A YES vote means
The college can borrow up to $290 million for building repairs and new facilities, repaid by a new property tax of about $19 a year per $100,000 of assessed value, expected to last until about 2068.
A NO vote means
The college cannot borrow the $290 million, no new property tax is added, and the repairs and new buildings would need other funding.
Sources: slocounty.ca.gov · hancockcollege.edu2
Sources: slocounty.ca.gov · hancockcollege.edu