LOS ANGELES—Get your ballots ready. Voting day is just around the corner and there are plenty of important decisions to make. While Build Better L.A. is the development initiative that is getting most of the attention, there is also an educational development measure that will share the ballot and is equally as important. Proposition 51, as it is called, is a $9 billion public school bonds initiative that could help realize our educational masterplan. To find out more about the proposition and the get a professional opinion, we sat down with Rick Fochtman, SVP at Bernards, a contractor with plenty of experience building school facilities. Fochtman gives us his take on the measure in an exclusive interview.

GlobeSt.com: What is your take, as a professional in the K-14 market, on Prop 51?

Rick Fochtman: Prop 51 is intended to provide $3 billion for the construction of new school facilities, $500 million for providing school facilities for charter schools, $3 billion for the modernization of school facilities, $500 million for providing facilities for career technical education programs, and $2 billion for acquiring, constructing, renovating, and equipping community college facilities.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.