This is an archive of a past election. See http://www.smartvoter.org/ca/la/ for current information. |
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Measure I Funding for Bond Repayment City of Long Beach Special Tax - Two-Thirds Majority Approval Required Fail: 75,821 / 52.86% Yes votes ...... 67,619 / 47.14% No votes
See Also:
Index of all Measures |
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Results as of Nov 28 5:11pm, 100.00% of Precincts Reporting (222/222) |
Information shown below: Impartial Analysis | | ||||
To repay bonds which the City intends to issue to repair/replace city streets, sidewalks, alleys, storm drains, fire stations, police stations, libraries and recreational facilities and to acquire, restore and preserve wetlands, shall an Ordinance be adopted which establishes an annual parcel tax of $120 per residential unit (0.4 to 8.8 cents per square foot for other uses) adjusted annually for inflation?
The proposed Ordinance establishes an annual parcel tax of $120.00 per year ($10 per month) per parcel with a single family residence, or per unit with a multi-family residence. Rates for commercial and other uses would vary depending upon parcel and building size. The formula to compute the parcel tax for commercial and other property types is specified in the Ordinance, a copy of which is included in the Sample Ballot materials and is available from the City Clerk. The rates are subject to annual increases based on the annual percent increase in the Consumer Price Index. The proposed Ordinance establishes a procedure for senior citizens and disabled persons who own and occupy a single family residence to apply for an exemption from the tax. The proposed Ordinance requires that all tax proceeds be deposited in a special fund subject to an annual independent audit report by the City Auditor which will set forth the amount of the tax collected and expended and the status of any projects funded with tax proceeds. It further requires the establishment of a Citizen’s Oversight Committee to review the amount of tax revenue collected and expended, to make recommendations on the priority of funded projects, and to submit an annual public report of findings to the City Council. Two-thirds of those voting on Measure I must approve the measure for it to pass. A “yes” vote is a vote in favor of authorizing the parcel tax. A “no” vote is a vote against authorizing the parcel tax.
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Official Information
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