Proposition E, the bond measure to help bridge Coronado Unified School District’s $2.5 million annual general fund deficit, has 38.67 percent of the votes in early returns in the primary election.
The proposition needs 55 percent of votes in favor to pass.
The $29 million bond measure, if passed, would go toward classroom equipment; new roofs, plumbing and electrical systems; fire and emergency communication systems; heating, ventilation, air conditioning and lighting improvements; and lease-purchase refinancing obligations.
The bond would be paid off in 10 years by an extra $39.87 per year for every $100,000 of assessed property value for Coronado residents. The median assessed value in Coronado is $700,000.