Smart School's Bond Act
Updated Annually
The Smart Schools Bond Act was passed in the 2014-15 Enacted Budget and approved by the voters in a statewide referendum held during the 2014 General Election on Tuesday, November 4, 2014. The Smart Schools Bond Act (SSBA) authorized the issuance of $2 billion of general obligation bonds to finance improved educational technology and infrastructure to improve learning and opportunity for students throughout the State.
The Act requires that each Smart Schools Investment Plan (SSIP) be thoroughly reviewed and approved by SED (updated 4/2024) prior to a district bidding, contracting or expending any SSBA funds. Not doing so will result in such costs not being eligible for reimbursement with SSBA funds.
UPDATE 4/20/2024: To expedite future approval of Smart Schools Investment Plans, the Executive Budget shifts responsibility for plan approvals from the Smart Schools Review Board to an administrative process overseen by SED.
