California ballot has record number of local revenue measures

As reported by Reuters:

A record number of local tax and bond measures will fill the California ballot this November, including over $32 billion of proposed funding for education, infrastructure and homeless services.

Some 650 local measures will go before voters, including 427 revenue measures. That is considerably more than the number proposed during any of the last five gubernatorial or presidential elections, according to data compiled by the local government finance consulting firm CaliforniaCityFinance.com.

Previously, the most measure-packed election was in November 2014, with 268 local revenue measures.

California is one of 24 states that allow initiative rights to its citizens. Voter-approved measures are used to raise revenues for specific construction projects, change tax policy, or create new laws.

In the Golden State and nationwide, a boom in bond proposals follows years of federal cutbacks to state and local programs, continued low interest rates and years of unmet infrastructure needs. …

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