Voters on Tuesday approved a $531 million bond measure that will allow the San Francisco Unified School District to shore up dozens of aging buildings. The measure needed 55 percent of votes to pass.
Proposition A is the third in a series of bond measures designed to bring infrastructure in line with health, safety and accessibility regulations. Previous bonds, in 2003 and 2006, allowed the SFUSD to modernize two-thirds of its buildings. The new bond will fund seismic upgrades and other repairs to 53 buildings.
According to City Controller Ben Rosenfield, the bond’s passage will result in average additional property taxes of $21.39 per $100,000 of assessed value between 2012-13 and 2035-36.