The voters approved the first part of Gov. Arnold Schwarzenegger’s Strategic Growth Plan in 2006. The plan authorized $42 billion in general obligation bonds for investments in transportation (Proposition 1B), housing (Prop. 1C), education (Prop. 1D), flood control and levees (Prop. 1E) and parks/environmental resources (Prop. 84).
Since the passage of these bonds, the League has distributed yearly updates regarding bond expenditures. The 2009 update is now available. This update reflects expenditures made over the last year through the budget process as well as legislative and regulatory actions relevant to the bond programs. A full update has been posted on the League’s Web site.