Proposition 4: Children’s hospital bond measure approved

Voters on Tuesday approved Proposition 4, allowing the state to sell $1.5 billion in general obligation bonds to fund construction, expansion, renovation and equipment at California’s 13 children’s hospitals over the next 15 years.

Of the funds raised, 72 percent will go to eight private, nonprofit children’s hospitals — including the Lucile Packard Children’s Hospital and Oakland children’s hospital — and five University of California children hospitals, including at UC San Francisco. Together, the hospitals handle more than 2 million visits every year from the state’s sickest children, many of whom are not fully insured, supporters said.

The list of Prop. 4 proponents included U.S. Sen. Dianne Feinstein and her Democratic opponent, Kevin de León, gubernatorial candidate Gavin Newsom, along with other prominent Democratic politicians and business groups, such as the Silicon Valley Leadership Group and Bay Area Council.

Supporters argued that the money raised would support needed expansion and improvement of facilities and equipment, and give more children access to life-saving care.

Opponents included the League of Women Voters of California, which argued that state funds shouldn’t be spent on private facilities. The work could instead be paid for through revenues generated by the hospitals or via capital campaigns, such as raising money by naming buildings for donors, the group said.


Source: mercurynews
Proposition 4: Children’s hospital bond measure approved