Authorizes local voter approval by
majority vote, not current two-thirds,
for school construction and
improvement bonds and property
taxes in excess of 1% to pay bonds.
Fiscal Impact: Local school costs--
potentially in the hundreds of
millions of dollars annually
statewide within a decade--
depending on results of voter
action on future local school
bond issues. Potential state
savings in the longer run.
- A YES vote of this measure means:
- Local school bonds could be
approved by a majority vote, rather
than a two-thirds vote.
- A NO vote of this measure means:
- Local school bonds would continue
to require approval by a two-thirds
vote.
- Summary of Arguments FOR Proposition 26:
- Proposition 26 makes it easier for
communities to raise local school
bond money to invest in their kids'
schools and help reduce class size. It
also guarantees that taxpayers will
know exactly how their money will
be spent before they vote, and
requires two annual audits for all
projects.
Full Text of Argument In Favor,
Rebuttal
- Summary of Arguments AGAINST Proposition 26:
- Proposition 26 means higher
property taxes. It destroys the
120-year old constitutional
protection requiring a two-thirds
vote to approve local bonds which
only property owners repay.
Proposition 26 requires no
improvement in student
performance and requires no
citizen oversight of bond
spending. Vote No on Proposition 26.
Full Text of Argument Against,
Rebuttal
- Contact FOR Proposition 26:
- Gale Kaufman
Let's Fix Our Schools Committee-- Yes on Prop. 26
1510 J Street, Suite 115
Sacramento, CA 95814
(916) 554-0324
info@letsfixourschools.com
http://www.letsfixourschools.com
- Contact AGAINST Proposition 26:
- Jon Coupal
Don't Double Your Property Taxes, Vote No on Proposition 26
921 11th Street, Suite 1201
Sacramento, CA 95814
(916) 444-9959
Info@SaveOurHomes.com
http://www.SaveOurHomes.com
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