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California

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ailsagirl

(23,865 posts)
Sun Sep 29, 2024, 10:16 PM Sep 29

Just received my Sample Ballot and have deep concerns about Prop 5 [View all]

ALLOWS LOCAL BONDS FOR AFFORDABLE HOUSING AND PUBLIC INFRASTRUCTURE WITH 55% VOTER APPROVAL. LEGISLATIVE CONSTITUTIONAL AMENDMENT

"Fiscal Impact: Increased local borrowing to fund affordable housing, supportive housing, and public infrastructure. The amount would depend on decisions by local governments and voters. Borrowing would be repaid with higher property taxes. (emphases mine).

Taxes are already way too high-- this could mean some people will no longer afford to stay in their homes.

I find this very disturbing.

https://nonewtaxes.com/index.php/2024/09/13/california-should-end-deceitful-bond-elections-before-lowering-vote-threshold/


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