If you’re keeping score at home of the number of initiatives on the February 5, 2008 presidential ballot, add #2 to the list.

This morning, elections officials certified an initiative that would establish specific funding and student fees for community colleges in the California constitution.

The initiative would create an independent system of community college districts and a new Board of Governors. It would also create a new level of community college funding under the Proposition 98 school guarantee, which the Legislative Analyst’s Office estimates would cost the state an extra $135 million in Prop 98 funding during the current fiscal year. The initiative would also set student fees at $15 per unit, per semester and would limit future increases.

Initiative #1 for the presidential primary, if you haven’t heard, is a transportation funding proposal that even its backers now want you to ignore (after they got what they wanted at the Capitol, instead). And with term limits, redistricting, and other proposals floating around, it will be interesting to see how long the ballot ends up being.

You can find more on the community college initiative on this website.