Proposition States in Financial Disarray

Vote to Break the BankI was listening to NPR just before the elections and the reporter was interviewing the “King of Propositions” in Washington state. The reporter commented that states that allow propositions are generally in financial disarray compared to states that don’t. Being from California, where the state is on the verge of running out of funds to continue operation, I can certainly relate to that concept. The joker from NPR then made the [probably] off the cuff remark that this was because people in proposition states constantly vote to reduce taxes. Say what?!?

Well, I finally got around to researching the California propositions that passed in the last 8 years (since 2000). Guess how many times Californians voted to reduce taxes … Zero. Nada. Not once since 2000. That said, they voted to raise taxes six times – a total of $942,600,000 annual increase in taxes.

Okay, if it’s not because they vote themselves tax cuts, what about spending increases? Since 2000, Californians have voted to increase the annual state spending commitments by $7,920,000,000 dollars. Most of that is servicing the $188,627,000,000 bond cost ($98,385,000,000 in bonds and $90,242,000,000 in interest payments).

So once again we have a complete misrepresentation of reality by NPR. They took something that could easily be researched and instead decided to overlay their own ignorant political biases on what could have been a decent investigative report.

Click the more link below for more details.


Numbers in millions of dollars.

Election Prop # Title bond amount bond interest bond total annual tax change annual commitment
2008-11 1A Safe, Reliable High-Speed Passenger Train 9950 9460 19410 647
2 Standards for Confining Farm Animals
3 Children’s Hospital Bond Act. Grant Program 980 933 1913 64
8 Eliminates Right of Same-Sex Couples to Marry
9 Criminal Just System. Victim’s Rights. Parole 300 costs amounting to hundreds of millions of dollars annually; savings in the low tens of millions of dollars annually on parole procedures
11 Redistricting
12 Veteran’s Bond Act of 2008 900 856 1756 59
2008-06 99 Eminent Domain. Acquisition of Owner-Occupied Residence
2008-02 94 Amendment to Indian Gaming Compact 42.5
95 Amendment to Indian Gaming Compact 36.7
96 Amendment to Indian Gaming Compact 20
97 Amendment to Indian Gaming Compact 23.4
2006-11 1A Transportation Funding Protection
1B Highway Safety, Traffic Reduction, Air Quality, and Port Security 19925 18975 38900 1296.67
1C Housing and Emergency Shelter Trust Fund 2850 3270 6120 204
1D Kindergarten-University Public Education Facilities 10416 9900 20316 680
1E Disaster Preparedness and Flood Prevention 4090 3910 8000 266.67
83 Sex Offenders. Sexually Violent Predators. Punishment 200
84 Water Quality, Safety and Supply. Flood Control 5388 5112 10500 350
2006-06 all propositions failed
2005-11 all propositions failed
2004-11 1A Protection of Local Government Revenue
59 Public Record, Open Meetings
60 Election Rights of Political Parties
60A Surplus Property
61 Children’s Hospital Bond Act. Grant Program 750 756 1506 50
63 Mental Health Services Expansion, Funding 800
64 Limit on Private Enforcement of Unfair Business
69 DNA Samples. Collection. Database. Funding 20
71 Stem Cell Research. Funding. Bonds. 3000 3000 6000 200
2004-03 55 Kindergarten-University Public Education Facilities 12300 12400 24700 823
57 Economic Recovery Bond 4300 4300 545 Refinance 10.7B in debt by borrowing 15B and extending the repayment from 5 years to 9 to 14; commitment assumes 5% interest and 10 year repayment of the 4.3B difference … actual costs are higher
58 California Balanced Budget Act
2003-10 all propositions failed
2002-11 46 Housing and Emergency Shelter Trust Fund 2100 2600 4700 157
47 Kindergarten-University Public Education Facilities 13050 13150 26200 873
48 Court Consolidation
49 Before and After School Programs 455
50 Water Quality, Safety and Supply. 3440 2240 5680 227.2
2000-11 32 Veteran’s Bond Act 500 475.56 975.56 32.52 Calculated by comparing to other Veteran’s Bond Act information
34 Campaign Contributions and Spending Limits
35 Public Works Projects
36 Drugs. Probation and Treatment Program -165 Net savings by diverting drug offenders from jail to rehab
2000-03 1A Gambling on Tribal Lands 20
12 Safe Neighborhood Parks, Clean Water, Clean Air 2100 1500 3600 144
13 Safe Drinking Water, Clean Water, Watershed … 1970 1430 3400 135
14 California Reading Literacy Improvement 350 250 600 24
16 Veteran’s Bond Act 26 24.73 50.73 2.03 Analysis went out the window; they said “costs of $33 million over 25 years, with costs of around $1 million per year” … um, 33 million over 25 years would be over 1 million a year
17 Lotteries. Charitable Raffles
18 Murder: Special Circumstances
19 Murder. BART and CSU Peace
20 California State Lottery
21 Juvenile Crime 330
22 Limit on Marriage
29 1998 Indian Gaming Compacts
Totals: 98,385 90,242.28 188,627.28 942.6 7,920.08
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: