Weekly Poll: Measure WW $500M Bond to Extend EBRPD Tax
In the spirit of the election season, Around Dublin will be focusing on one additional tax/bond measure – WW (to provide funds for the East Bay Regional Parks District). The following background information is pulled from this Pleasanton Weekly article (please be sure to check out the entertaining comments):
On the November 4 ballot will be Measure WW, a $500-million bond measure that seeks to extend Measure AA, which was passed in 1988 and runs out this year. Measure AA raised a total of $225 million for the parks district to connect trails, purchase open space, restore creeks and build recreation areas and parks. But the money from AA has been spent or is already allocated for future projects.
That’s where Measure WW comes in. It needs a two-thirds or 66.6 percent approval from voters and would essentially extend the tax of Measure AA, which is $10 for every $100,000 in assessed valuation. A resident who owns a home worth $800,000 would continue to pay $80 per year on their property taxes.
Proposed projects impacting Dublin include $5.6 million to acquire land in Doolan Canyon and Tassajara Hills north of Dublin and Pleasanton and $4.7 million to connect the Pleasanton Ridge and Calaveras Ridge Trail to west Dublin hills.
This week’s poll question is – will you be voting for or against Measure WW to issue up to $500M in general obligation bonds to support the East Bay Regional Parks District?
10:13 AM on October 7th, 2008
Given how much of a hit both my home value and 403B have taken during the recent economic downturn, I will have to vote against this bond. If the mess on Wall Street hadn’t happened, and if our elected officials hadn’t mortgaged our children’s future away by passing that ridiculous $700 billion No-Banker-Left-Behind bailout, larded with $100 billion of pork, I could have been convinced. Time to hunker down, I say.