Bond election results: Props 2 and 4 poised for victory

Voters appeared to approve California Propositions 2 and 4, each authorizing $10 billion of bonds, for the environment and wildfire protection, respectively, while the Los Angeles Unified School District appears on pace to receive voter approval for $9 billion of bonds. San Diego Community College District voters appeared to approve $3.5 billion of bonds. San Jose Unified School District will be able to sell $1.15 billion for facility upgrades.

Long Beach Community College District voters were okaying $990 million of bonds in early results. State Center CCD voters were supporting a $698 million bond referendum, but not enough to reach the 55% passage threshold in early voting. Sweetwater Union High School District voters seem to have approved $647 million of bonds. Glendale CCD voters approved $600 million of bonds. Sacramento City USD voters approved $543 million for STEM upgrades.

Voters were asked to consider at least $142.634 billion of bonds this year in 844 transactions, according to data compiled by Bond Buyer.

California leads the pack with more than half of the total under consideration — $69.858 billion in 262 deals. The state also boasts six of the largest bond referenda under consideration, led by two $10 billion referendums from the state and $9 billion from the Los Angeles Unified School District. A Riverside Community College District proposal for $954 million of bonds was right at the 55% threshold needed for victory.

The San Juan Unified School District’s $950 million bond issue had 59% support. Fremont Unified School District voters were backing a $919 million bond issue. Pasadena USD’s Proposition R, which authorizes $900 million of bonds for STEM facility expansion, had support of almost 64% of voters. Rancho Santiago CCD voters nixed $720 million in bonds.

Southwestern CCD voters appear to have approved $800 million of bonds. San Francisco USD voters approved $790 million for school safety. Mt San Antonio CCD voters appear to be short of approving $750 million of bonds with 55% of the vote tallied. San Joaquin Delta Community College District voters appear to have approved $598 million of bonds.

Texas comes in second with $37.582 billion across 227 bond referendums, followed by Colorado with $8.346 billion in 34 referendums.

Of the 34 states putting bond referendums up for consideration, New York is last with only one deal for $28.3 million from the Haldane Central School District, with the proceeds set to be used to fund a capital project improving safety and infrastructure throughout the district’s Cold Spring campus.

Charleston County, South Carolina, voters rejected a sales tax to fund transportation to raise $5.4 billion. Houton Independent School District voters turned down a $4.4 billion bond proposal.

Rolling V Ranch WCID No. 4 voters in Texas approved $1.12 billion of bonds. Frisco Independent School District voters rejected its request for authorization of $986 million of bonds. Allen ISD voters $419 million of bonds for school improvements. Round Rock ISD voters approved Proposition A, $798 million for building improvements, and Proposition B, $125 million for technology, but rejected $66 million for sthletic facilities.

Rockwall ISD voters turned down the district’s request for 787 million of bonds. Waller ISD voters appear to have approved $702.5 million of bonds.

Aurora School District (Arapahoe 28J), Colorado, voters appear to have approved $1 billion of bonds. Denver voters were approving $975 million for schools. Cherry Creek SD #5 voters were poised to approve $950 million of bonds. Adams County 12’s $830 million referendum had 53% of the vote in unofficial results. St Vrain Valley SD #RE-1J voters seemed poised to approve $739.8 million of bonds, tallying more than 70% of the vote in early returns,

Voters were approving Sumner-Bonney Lake School District’s $732 million proposal. in early results, garnering 62% approval, just above the 60% needed. The Denver Downtown Development Authority’s $570 million bonds were approved.

Salt Lake City School District, which hasn’t issued bonds since 1999, appears to have approval for a $730 million bond issue.

Cary, North Carolina, voters nixed a $560 million bond issue for parks and recreation. Wake County voters agreed to $142 million of bonds for libraries.