Post a New Topic
Original post made
on Oct 3, 2008
Back in 1934, when the financial crisis on Wall Street was even worse than it is now, local voters nevertheless went to the polls and agreed to form the East Bay Regional Park District and to tax themselves to finance it. It's time to do it again. Measure WW, which is on the Nov. 4 ballot, is a $500-million bond measure that seeks to extend Measure AA that voters approved 20 years ago. That measure, which was passed in 1988 and is due to expire at the end of this year, raised $225 million for the park district to connect trails, purchase open space, restore creeks and build recreation areas and new parks. But the district needs continued funding to meet the needs of a growing East Bay population and also to more aggressively protect open space against encroachment. Measure WW will do that by continuing to provide needed funds. It would extend but not raise the $10 ceiling on every $100,000 of assessed valuation on properties in Alameda and Contra Costa counties. No one would pay a higher rate than was approved 20 years ago, a rate that is actually lower than the one voters approved in the midst of the Great Depression.
Read the full story here Web Link
posted Friday, October 3, 2008, 12:00 AM