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Opinion Column: Bonds on November ballot may be worthwhile but come with a high price tag


SACRAMENTO — As the presidential election takes center stage, California voters are also facing crucial decisions on three important ballot measures that could impact the state’s infrastructure and finances. Proposition 2 and Proposition 4 seek to authorize $10 billion each in bonds for school modernization, wildfire prevention, water conservation, and climate change preparedness. Although these projects are essential, critics express concern over the long-term $500 million and $400 million annual payments that could burden future generations.

Another significant measure, Proposition 5, aims to lower the voter threshold for passing local bonds from two-thirds to 55%, making it easier to fund affordable housing and public infrastructure projects. Despite opposition from critics who argue against increasing state debt, supporters emphasize the necessity of these investments to address critical needs in California, including a $4 billion backlog in school repairs.

Advocates for Proposition 2 highlight the funding needed for K-12 schools and community colleges, as well as the opportunities for career technical education and apprenticeship programs. Proposition 4, which includes allocations for water storage, wildlife protection, and climate resiliency, aligns with Governor Gavin Newsom’s priorities.

While some argue for direct funding from the general budget, the reality is that the state’s current financial situation necessitates seeking voter approval for additional bond measures. With polling showing mixed support for these propositions, the decision rests with California voters on whether to authorize these substantial investments in the state’s future.

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Photo credit www.latimes.com

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