SACRAMENTO, CA – Yesterday, the Fresno Bee published an opinion piece by Chris Telfer, president of the Tulare County Taxpayers Association, advocating for Proposition 53. The Tulare County Taxpayers Association joins over 20 state and local taxpayer groups, including the Howard Jarvis Taxpayers Association, that support the measure to stop blank checks and give voters a voice.
Proposition 53 would simply require a public vote for state megaprojects that use more than $2 billion in state revenue bonds. It would also increase transparency by ensuring the disclosure of the total cost of a project before the vote.
Read excerpts from Chris Telfer’s opinion piece, “‘Yes’ on Prop. 53 for transparency on big state projects,” below:
“Proposition 53 presents an opportunity for voters to tell politicians and Sacramento insiders that enough is enough when it comes to spending your money on huge state mega-projects with no accountability or oversight…
Proposition 53 gives the voters more power before they are faced with paying higher rates and fees. Revenue bonds are long-term debt that extends decades, so future generations will also be footing the bill. That’s why the Tulare County Taxpayers Association, along with the Howard Jarvis Taxpayers Association and over a dozen newspapers are supporting Proposition 53.”
Read the opinion piece on the Fresno Bee’s website here: http://www.fresnobee.com/opinion/readers-opinion/article110169657.html
Proposition 53 would require statewide voter approval for state revenue bond projects costing more than $2 billion, closing a loophole that allows politicians to issue massive new debt for multi-billion dollar projects without voter approval. For more information, visit: www.YESon53.com.