CBPA: EARLY POSITIONS ON PROPOSITIONS
At its November meeting, CBPA Board of Directors took early positons on two propositions that will appear on the Nov. 8, 2016, statewide ballot.
Measures have not been assigned ballot designations yet by the Secretary of State:
Firstly, the board voted to “support” the K-12/Community College Facilities School bond. This measure asks voters to approve $9 billion in general obligation bonds: $3 billion for new construction and $3 billion for modernization of K-12 public school facilities; $1 billion for charter schools and vocational education facilities; and $2 billion for California Community Colleges facilities. The measure also bars amendment to existing authority to levy developer fees to fund school facilities, until new construction bond proceeds are spent or December 31, 2020.
The board voted to “oppose” what is currently referred to as the “Coropassi initiative,” named after its chief proponent. This initiative is widely considered to be focused on stopping the Governor’s attempts to build new water infrastructure. If passed, it would require statewide voter approval before any revenue bonds can be issued or sold by the state for projects that are financed, owned, operated, or managed by the state, if the bond amount exceeds $2 billion.
So far, a total of seven measures have qualified for the ballot in 2016. No “split roll” initiatives have qualified or are currently officially in circulation, however, one measure that would increase property taxes on properties valued over $3 million is “out on the street” gathering signatures.
Posted: November 20, 2015 | Posted by CBPA