SAN DIEGO (KGTV) -- Governor Gavin Newsom is set to visit San Diego Friday in a last-minute push for proposition 13.
Newsom will make a stop at Dana Middle School at 8 a.m. as part of his statewide get-out-the-vote tour.
Proposition 13 would authorize $15 billion for K-12 schools as well as universities and community colleges. Newsom has said that the bond money would prioritize modernizing schools as opposed to new construction.
Those against proposition 13, including the Howard Jarvis Taxpayers Association, say it would cause an increase in local property taxes and add to state debt and interest costs.
“Like all bond debt, that must be paid ahead of any other priorities, even law enforcement,” the association says. “If there is a recession, too much debt puts us at risk of a reduction in services or demands for emergency tax increases at the worst possible time.”
The California Legislative Analyst says the state would pay $26 billion in total - $15 billion in principal and $11 billion in interest. The payments would be made over 35 years from the General Fund, Ballotpedia says.