Proposition 5: Lower the Voting Threshold to Pass Some Local Bonds - podcast episode cover

Proposition 5: Lower the Voting Threshold to Pass Some Local Bonds

Sep 26, 202422 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Bonds are a way for state and local governments raise money for projects—things like schools, infrastructure, or transportation. In part 4 of our Prop Fest series, a collaboration between Bay Curious and The Bay, we talk about Proposition 5. Prop 5 would lower the voting threshold to pass local bonds from two-thirds (66.67%) down to 55%—but only for bonds related to affordable housing and public infrastructure projects. It sounds pretty straightforward, but as we find out from reporter Adhiti Bandlamudi, it could have wider implications for taxpayers.

Editor's Note: This episode has been updated from a previous version to clarify ramifications of Proposition 13.

Additional Reading:


Your support makes KQED podcasts possible. You can show your love by going to https://kqed.org/donate/podcasts

This story was reported by Adhiti Bandlamudi. Bay Curious is made by Olivia Allen-Price, Amanda Font, Christopher Beale, and Ana De Almeida Amaral. The Bay is made by Alan Montecillo, Ericka Cruz Guevarra and Jessica Kariisa. Additional support from Jen Chien, Katie Sprenger, Maha Sanad, Holly Kernan, and the whole KQED family.

For the best experience, listen in Metacast app for iOS or Android