Measure F Gets a "F"
Original post made by Bill on Oct 25, 2010
The state and local governments of California are in serious trouble for two reasons, spending money they do not have (bonds)and funding employee wages/pensions that have grown exponentially.
Reading the context of Measure F, you realize that the measure will not raise sufficent funds without the county using the fees collected to buy bonds to pay for these expensive transportation "needs".
Additionally, 5% of the fees collected, or $550,000 is to be alloted for "administrative costs". Between the lines this means that the county will hire some expensive administrators that will be on the public dole for the rest of their life, because the only way to resend this measure is for the voters to vote to discontinue it. In the meantime how much money will the county be on the hook for in order to repay the bonds that were taken out?
The group in charge of this measure is the Alameda County Transportation Commission. These are the same people that brought you the 195 million dollar Express Lane that nobody uses and the 500 million dollar BART extension to Oakland Airport that everyone questions "why"? A "Toll Road News" reporter calls this group "a bewildering array of differently named joint powers and local agencies."
Vote NO on this tax that is disguised as a fee.
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