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Proposition 123 decision too close to call

Posted at 8:17 PM, May 17, 2016
and last updated 2016-05-18 01:24:46-04

At the current moment, the decision on Proposition 123 is very close. The results are coming in live at the Arizona Secretary of State website.

The current numbers have it passing 51 percent yes and 49 percent no. 

Prop 123 would increase funding for kindergarten through 12th grade education by $3.5 billion.

Opponents of the proposition say it's deceptive and in the long run would end up hurting the state. 

If passed Prop 123 would change Arizona's constitution. Money would be taken out of the state's land trust and put into the education system.

The state land trust is a fund that was set up when Arizona first became a state as a way to pay for K-12 education.

Supporters say this is a great way to use money that's been just sitting on the sidelines.

However, opponents argue that it will deplete the state's land trust fund and is not a permanent solution for school funding.