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California's budget difficulties were compounded last year when the state and federal government delayed the deadline to file 2022 income tax returns from April to November due to winter storms ...
California taxpayers would pay the bond back with interest. A legislative analyst estimated it would cost the state $650 million a year for the next 30 years or more than $19 billion.
In 2000, Proposition 39 reduced the supermajority to 55% to approve taxes for local school bonds. [4] According to the California Policy Center, a conservative think tank, since Proposition 39 was passed, voters in California have decided on almost 1,150 school bond measures and have approved 911 of them. [5]
There has been some academic research into the accuracy of the Western Blue Chip Economic Forecast. A 2003 paper by Carol T. West (published just two years after the forecast became operational) pointed to the data set from the Western Blue Chip Economic Forecast as a valuable information source for future studies of the accuracy of regional ...
Source: California Secretary of State [1] Proposition 4 , titled Authorizing bonds for safe drinking water, wildlife prevention, and protecting communities and natural lands from climate risks , was a California ballot proposition and legislative statutes that passed by vote on in the 2024 general election on November 5, 2024.
The bonds will be issued by the California Municipal Finance Authority and have an expected maturity date of 2052. The outlook is stable.RATINGS RATIONALEThe University of San Diego's (CA) (USD ...
This is a list of U.S. states by credit rating, showing credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's. The list is given as of May 2021.
The existing supermajority requirement for local bond approval goes back to the series of tax restrictions in California's Constitution inaugurated by the passage of Proposition 13 in 1978.