Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • India’s ₹100 household savings puzzle: ₹33 goes to banks, while ₹39 flows to pension funds and markets
    • Tokenized stocks hit $3B market cap, led by ETFs at $644M
    • Bitcoin (BTC) ETFs Record Strongest Three-Week Stretch of 2026 as Golden Cross Looms
    • UBS, BMO and Jane Street Disclose Holdings in Hyperliquid ETFs
    • The must-have funds fizzing with potential… if you’re willing to take the risk: JEFF PRESTRIDGE
    • Crypto SIP In 2026: Is it Really Safer?
    • Leverage Shares Files for Three Anthropic ETFs Ahead of IPO
    • Rs 10,00,000 FD or Rs 10,000 monthly SIP: Which can create a higher corpus in 15 years?
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Should California ease passing local bonds with Proposition 5
    Bonds

    Should California ease passing local bonds with Proposition 5

    October 12, 2024



    Click here for a complete list of our election recommendations.


    Proposition 5 would reduce the threshold for local government bonds for housing and roads from two-thirds to 55%. The two-thirds vote requirement for local bond measures has been part of the California Constitution since 1879.

    In 2000, voters approved an exception for local bonds for school construction, which have since required only 55% approval. Proposition 5 would expand that carveout to local bond measures for housing and infrastructure.

    Yes: Contra Costa County Supervisor John Gioia says a 55% vote threshold is more democratic than two-thirds. Proposition 5 would help the Bay Area face its biggest challenges and provide local control and accountability in spending tax dollars.

    No: Jon Coupal, president of the Howard Jarvis Taxpayers Association, says the ballot measure would turbo-charge tax hikes and increase local debt. Owners of single-family homes, apartment buildings and commercial properties would end up paying higher taxes, driving up housing and business costs.

    Editorial: Proposition 5 would make local tax-measure passage easier without addressing repeated campaign abuses. Lawmakers should first fix the current deceitful ballot and campaign practices of local agencies and businesses that financially benefit from passage of bond measures. Reform the election process, and then we can debate whether to lower the vote threshold.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Why Bonds Aren’t the Investment They Used to Be

    September 5, 2026

    Green Bonds Hit Record High Despite Persistent Challenges

    September 5, 2026

    ‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects? | Bonds

    September 4, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    India’s ₹100 household savings puzzle: ₹33 goes to banks, while ₹39 flows to pension funds and markets

    September 6, 2026
    Don't Miss
    Mutual Funds

    India’s ₹100 household savings puzzle: ₹33 goes to banks, while ₹39 flows to pension funds and markets

    September 6, 2026

    India’s savings story has changed sharply over the past decade. While bank deposits remain the…

    Tokenized stocks hit $3B market cap, led by ETFs at $644M

    September 6, 2026

    Bitcoin (BTC) ETFs Record Strongest Three-Week Stretch of 2026 as Golden Cross Looms

    September 6, 2026

    UBS, BMO and Jane Street Disclose Holdings in Hyperliquid ETFs

    September 6, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Tradr ETFs Set for Liftoff Alongside SpaceX IPO

    June 12, 2026

    SIF assets rise 12% in May; hybrid long-short strategies account for 70% of AUM: ValueMetrics

    June 10, 2026

    BFSI Mutual Funds AUM Surges 37% to ₹48,000 Cr: Rediff Moneynews

    July 1, 2025
    Our Picks

    India’s ₹100 household savings puzzle: ₹33 goes to banks, while ₹39 flows to pension funds and markets

    September 6, 2026

    Tokenized stocks hit $3B market cap, led by ETFs at $644M

    September 6, 2026

    Bitcoin (BTC) ETFs Record Strongest Three-Week Stretch of 2026 as Golden Cross Looms

    September 6, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.