December 22, 2024

New Proposition 13

This proposition is in the California Primary Election March 3, 2020.

Local school district bonds circumvent the original proposition 13 and you can see them on your property tax bills.

What this new prop 13 will do is almost double the limits that school districts can borrow. It’s right there if you take the time to read the print in the proposition.

New Proposition 13

This proposition is in the California Primary Election March 3, 2020.

San Diego real estate - New Proposition 13

This new Prop 13 says that the amount elementary and high school districts can put on in additional bond funding will go from the current 1.25% to 2% of the assessed property value for unified school districts and community college districts the limit would be raised from the current 2.5% to 4% of the assessed property value! Don’t be folded again! If this is so important why does in California use its 22 billion budget surplus to take care of these problems? The only way the politicians can ever learn to spend within their limits like regular people is if you vote down all new taxes and all new bond measures.

If you notice, the State’s official voter information Guide, which is 47 pages, is only about ONE issue – this new Prop 13. As this is the largest CA bond issue ever, why not put it on the regular November ballot??? Why not save the HUGE cost in printing and mailing this guide?
 
The real answer is really quite simple, these special/primary elections always have very small voter participation as compared to the presidential/regular Nov. voting. This makes it perfect for the teachers union, public employees union, and union construction workers get all their members out to crowd out the regular voters! This would be much harder to do in the November elections.
This should not be considered real estate, tax or legal advice. . . This is just my personal opinion based on over 3 decades in San Diego residential real estate.
 
The only way the politicians can ever learn to spend within their limits, like regular people, is if you vote down all new taxes and all new bond measures!
The Howard Jarvis Taxpayers Association (www.hjta.org ) is against this proposition.

*Help get the truth out – post a link to this article on all social media & email it to all your friends.

++++++

 

 

New Proposition 13