BALLOT MEASURE SUMMARY
SUMMARY Put on the Ballot by the Legislature
| This act makes safety improvements and repairs to state
highways, upgrades freeways to reduce congestion, repairs
local streets and roads, upgrades highways along major
transportation corridors, improves seismic safety of local
bridges, expands public transit, helps complete the state’s
network of car pool lanes, reduces air pollution, and
improves anti-terrorism security at shipping ports by
providing for a bond issue not to exceed nineteen billion
nine hundred twenty-five million dollars ($19,925,000,000).
Fiscal Impact: State costs of approximately $38.9 billion
over 30 years to repay bonds. Additional unknown state and
local operations and maintenance costs.
WHAT YOUR VOTE MEANS
A YES vote on this measure means: The state could sell $19.9 billion in general obligation bonds, for state and local transportation improvement projects to relieve congestion, improve the movement of goods, improve air quality, and enhance the safety and security of the transportation system.
A NO vote on this measure means: The state could not sell $19.9 billion in general obligation bonds, for these purposes.
YES on 1B jump-starts traffic relief, mass transit, and safety improvements in every corner of the state without raising taxes. 1B builds new roads and transportation improvement projects that enhance mobility and protect our economic future. Rebuild California: YES on 1B—safer roads, reduced congestion, and a strong economy,
California cannot afford to continue borrowing its way into a false sense of economic security. More borrowing means worsening budget deficits. A no vote will force the Legislature to focus on paying for our transportation needs with existing funds in a fiscally responsible manner. Please vote NO on 1B.
FOR ADDITIONAL INFORMATION
Let’s Rebuild California 1127 11th Street, Suite 950 Sacramento, CA 95814 (916) 448-1401
Thomas N. Hudson,
9971 Base Line Road
Elverta, CA 95626-9411
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