<p>The following is a summary of the Register's positions on the state and local measures on the March 2 ballot.</p>
<p>Proposition 55: No. It would float $12.3 billion in bonds to upgrade and build new classrooms for K-12 schools, the community colleges and the Cal State and UC systems. It's more debt, costing about $823 million a year to pay off over 30 years, for a state that can't balance its budget now.</p>