SACRAMENTO, Calif. (AP) — California officials have approved $1.1 billion in spending so far from a voter-approved initiative that closed a corporate tax loophole to generate billions of dollars for energy efficiency projects at California schools and community colleges, but most of the work is not completed, senators learned at a hearing Wednesday.
The vast majority of spending from Proposition 39, about $973 million, has been allocated for K-12 schools, which have more than 9,000 projects in the works that are projected to save $38 million annually in energy costs, according to the California Energy Commission.
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