Prop 5 would make it easier to pass Bay Area spending bills for housing, transit
Briefly

from www.mercurynews.com4 months ago
Proposition 5 aims to lower the voter approval threshold for local public spending bonds from 66.7% to 55%, facilitating infrastructure projects essential for communities.
www.mercurynews.comhttps://www.mercurynews.com/2024/09/29/prop-5-would-make-it-easier-to-pass-bay-area-spending-bills-for-housing-transit/
In 2022, a $650 million bond in Berkeley for environmental and housing projects failed with 59% votes; a similar pattern emerged for $400 million in San Francisco.
www.mercurynews.comhttps://www.mercurynews.com/2024/09/29/prop-5-would-make-it-easier-to-pass-bay-area-spending-bills-for-housing-transit/
Supporters claim the current 66.7% threshold is undemocratic, allowing a minority of 33% to decide on significant local infrastructure, impacting community development.
www.mercurynews.comhttps://www.mercurynews.com/2024/09/29/prop-5-would-make-it-easier-to-pass-bay-area-spending-bills-for-housing-transit/
Advocates argue that lowering the threshold will empower local communities, enabling more democratic participation in funding vital infrastructure like public transit and affordable housing.
www.mercurynews.comhttps://www.mercurynews.com/2024/09/29/prop-5-would-make-it-easier-to-pass-bay-area-spending-bills-for-housing-transit/
Read at www.mercurynews.com
#infrastructure #housing #california #public-funding #voting-threshold
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