October 21, 2004
by lyle e
voters are facing a number of options on proposed tax increases this
voters have particularly difficult decisions to make because they
have to decide whether to approve an $84.3 million public safety
bond issue, known as Proposition P, which will require a 2/3rds
majority vote from the electorate if it is to pass, a $496 million
Palomar-Pomerado Bond Issue, known as Proposition BB, which will
also require a 2/3rds majority vote, the TransNet proposal, which is
an initiative which seeks a 40 year extension of a ½ cent tax, also
requiring a 2/3rds vote, and it is likely that the Escondido Union
High School District probably will ask for a $70 million bond to
build a new high school in the next few years.
Where does it
all end? How much can the taxpayer be expected to pay? What are
the costs involved to the taxpayer(s)?