When local governments want to build big new infrastructure — affordable housing complexes or transit stations, for example — state law requires them to go to voters to authorize a public spending bond that would be repaid through new property taxes.
These local bonds can only go forward if they get 66.7% of the vote.
Proposition 5 on the November ballot asks voters to lower that threshold to 55%, which would make it easier to fund and build many much-needed infrastructure projects around the Bay Area and the state.
“Right now, a minority of voters — 33% — make the decision for local communities,” said Amie Fishman, executive director of the Non-Profit Housing Association of Northern California, which is backing the measure. “What’s important is to have a more democratic approach that empowers local communities and doesn’t allow a small group to block the way.”
Read more via Mercury News…