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California Online Voter Guide

11th Edition, November 2004 General Election

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Proposition 61: Children's Hospital Projects. Grant Program. Bond Act. Initiative Statute. Passed

Official Summary

Authorizes $750,000,000 in general obligation bonds, to be repaid from state's General Fund, to fund grants to eligible children's hospitals for the construction, expansion, remodeling, renovation, furnishing and equipping of children's hospitals. Twenty percent of bonds shall be available for grants to certain University of California general acute care hospitals, and eighty percent of the bonds shall be available for grants to other general acute care hospitals whose missions focus on children with illnesses such as leukemia, heart defects, sickle cell anemia and cystic fibrosis, and which meet other stated requirements.

Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Assuming 30-year bonds at an interest rate of 5.5 percent, the state cost would be about $1.5 billion over 30 years to pay off both the principal ($750 million) and interest ($800 million) on the bonds. Payments of about $50 million per year. This measure would also result in minor administrative costs to the California Health Facilities Financing Authority. Full Text of Proposition (PDF)

Campaign Web Sites and Contact Information

Who Signed the Ballot Arguments

    Yes on Proposition 61:

    No on Proposition 61:

Follow the Money

Supporters of Proposition 61 have raised approximately $5 million as of October 16, 2004. All of the money has come from California hospitals, including Loma Linda University Medical Center, Children's Hospital and Health Center in San Diego, Children's Hospital of Orange County, Children's Hospital of Los Angeles, Children's Hospital at Oakland, Children's Hospital of Central California, Lucile Salter Packard Children's Hospital, and Miller Children's Hospital.

There are no committees formed to oppose Proposition 61.

Detailed information about all contributors for and against Prop 61 is available through Cal-Access, the Secretary of State's campaign finance website.

For More Information, CVF Recommends...

The California Secretary of State publishes the Official Voter Information Guide with both a Quick Summary and Detailed Information about Proposition 61.

Other good nonpartisan resources include the League of Women Voters' Pro/Con Analysis and In-Depth Analysis of Proposition 61, the California Journal, the McGeorge School of Law California Initiative Review and the Easy Voter Guide.

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This page was first published on July 21, 2004 | Last updated on February 10, 2006
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