The following chart identifies the basic differences between the prior bond law and Proposition 39.

Prior Bond Law Prop. 39 Bond
Specific Project list Voluntary Mandatory
Oversight Committee Voluntary Mandatory
Annual Audits Voluntary Mandatory
Permissible Use Acquisition and improvement of real property (includes land and portables but not furnishings and equipment) Acquisition and construction of school facilities and furnishings, equipping and leasing of school facilities


Additional information regarding Proposition 39