Dive Brief:

• Developers in California support having the state send voters a $9 billion school-construction bond because without new state money, developers could be on the hook for building the schools that their new houses require.
• The bond appears to have a good chance of passing both houses of the Legislature, but Gov. Jerry Brown has been trying to reduce state debt and appears to favor the state taking a reduced role in building schools.
• The California Building Industry Association says that putting the whole cost of school construction on developers could tack as much as $10,000 onto the price tag of new homes.

Dive Insight:

The state's current backlog of schools to be funded is oversubscribed by $800 million. Developers and local governments have been finding ways to work things out, though those ways assumed the state would replenish its coffers this year. Developers say school costs might be enough to kill some developments.