Monday, October 13, 2014

Taxpayer Dollars

Where is our money going? What will happen to our taxes?
  • 60 car tab tax and increase the sales tax by 0.1%

  • Cut Metro bus services by 17 percent if they do not receive additional tax money

  • Cost $1.5 billion over 10 years 


  • 60% of new funds would go to keeping current bus service, 40% would go to local multi-modal projects and roads


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Who's Supporting Prop 1


Many government officials support prop 1 and the things it could do for this country. These official include Gov. Jerry Brown, US Sen. Dianne Feinstein, US Sen. Barbara Boxer, Rep. Marc Levine. Democrats and Republicans both support prop one. They include the California Chamber of Commerce, the state's Democratic and Republican parties, the California Nurses Association, the Natural Resources Defense Council, business trade organization the Silicon Valley Leadership Group, and agricultural group Western Growers.


        
      Gov. Jerry Brown         US Sen. Dianne Feinstein                                                                          
US Sen. Barbara Boxer Rep. Marc Levine                    

Potential Arguments

People who don't believe in prop one will say that it wrongly focuses on building more dams but no amount of water storage will produce more rain and snow. Does little for drought relief in the near future and doesn’t promote regional water self-sufficiency or reduce our dependance on the deprived water of the delta ecosystem.



Benifits

Ensures a reliable water supply for farmers and businesses during severe drought protecting both the economy and the environment. Grow California's economy. Safeguards our existing water supplies and stores water when we have it. Protects the environment by conserving our water supplies.

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Background on Prop 1

Authorizes $7.12 billion in general obligation bonds for state water supply infrastructure projects, such as surface and groundwater storage; ecosystem and watershed protection and restoration; drinking water protection; water supply management; water recycling and advanced water treatment technology; and flood control. Reallocates $425 million of unused bond authority from prior water bond acts, for same purposes.Appropriates money from the General Fund to pay off bonds.Requires certain projects to provide matching funds from non-state sources in order to receive bond funds.