Prop 13 did NOT Pass π‘
Prop 13 did NOT pass, which means your property taxes in Contra Costa County will NOT go up!
From Claycord.com
"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 βnoβ, and 79,000 voted βyesβ for the statewide proposition."
Prop.13, which would have authorized $15 billion in state general obligation bonds for con...
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