Why are so many bonds on the California ballot? Here’s what $44 billion would buy

by Mikhail Zinshteyn, CalMatters October 27, 2026October 27, 2026

Construction in a residential area that was burned during the Eaton Fire in 2025, in Altadena, on Aug. 3, 2026. (Jules Hotz/CalMatters)

Your November ballot is welcoming you to make it rain … in bonds.

You’ll see an El Nino-sized set of propositions that could flood the housing construction and science research components of the California economy with $44 billion of bond spending if the measures pass.

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