Prop 13 did NOT Pass 🏡
Prop 13 did NOT pass, which means your property taxes in Contra Costa County will NOT go up!
"Prop.13, which would have authorized $15 billion in state general obligation bonds for construction and modernization of public education facilities, failed in California.
Opponents of the proposition say this measure authorizes $15 billion in borrowing, costing taxpayers $27 billion including interest, to build and repair schools. They said borrowing is nearly twice as expensive as paying for school construction from the regular budget, which has a $21 billion surplus.
Locally, in Contra Costa County, 89,000 voted “no”, and 79,000 voted “yes” for the statewide proposition."
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