In November 2010, voters within the San Marcos Unified School District expressed their confidence in the School District and their support for public education by passing Proposition K. Proposition K was a general obligation bond measure which was presented to the voters of the School District to help rebuild, modernize, renovate and revitalize our schools.   Up to $287,000,000 in funds generated from the sale of the authorized bonds will be used for a variety of school district capital projects. These projects will help the School District in meeting its educational goals to educate the students in our community.  All projects will be completed over time.  The $287,000,000 in Bond funds will be sold when the SMUSD community tax base can support the sale.  The District's staff will apply for matching State funds when they become available.  At this time (7-14-2011) no State funding is available.  The District's first bond sale in 2011 was completed on July 7, 2011, for $142 million.  These funds will be used for the first project-Reconstruction of San Marcos High School.  This project's budget is $180 million for over 400,000 square feet of new school facilities.  The original campus was first constructed in 1960.  The District is targeting Spring, 2012 for the next Bond issue.