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	<title>Comments on: Failure of Prop 13 not stopping Visalia Unified’s fifth high school</title>
	<atom:link href="https://www.ourvalleyvoice.com/2020/03/19/failure-of-prop-13-not-stopping-visalia-unifieds-fifth-high-school/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.ourvalleyvoice.com/2020/03/19/failure-of-prop-13-not-stopping-visalia-unifieds-fifth-high-school/</link>
	<description>In-depth, locally-produced coverage of the Central Valley.</description>
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		<title>By: Taxpayer</title>
		<link>https://www.ourvalleyvoice.com/2020/03/19/failure-of-prop-13-not-stopping-visalia-unifieds-fifth-high-school/#comment-39726</link>
		<dc:creator>Taxpayer</dc:creator>
		<pubDate>Fri, 20 Mar 2020 17:32:22 +0000</pubDate>
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		<description>First mistake, name this &quot;Prop. 13&quot;, so blame the author who named this measure &quot;Prop. 13&quot;. &quot;Proposition 13, authored by Long Beach Assemblyman Patrick O’Donnell, would authorize a $15 billion bond for school modernization and construction projects with the bulk of funding ($9 million) going toward elementary schools. However, repaying the bill would cost taxpayers about $740 million a year for 35 years, something that 55% of voters said no to as of Thursday.&quot; - Long Beach Post News.

Either way, taxes continues to rise each year with each &quot;Measure&quot; on the ballots with no end in sight.
 
&quot;The Proposition 13 on the March 3 ballot is a $15 billion school construction bond, but with interest costs, the figure jumps to $27 billion. This is a general obligation bond which will be repaid out of the state’s general fund. The bond is constitutionally obligated to be paid off over 35 years at a cost to taxpayers of $740 million annually. This $740 million must be paid before any other state programs can be funded, including public schools, prisons and Medi-Cal.&quot; - San Diego Union Tribune. Again, this failed bond cost $15B. However, it jumps to $27B, 
So &quot;this newspaper is lame&quot;, either way it DOES raise our taxes! Guess you&#039;re rich and can afford to pay additional taxes? :(</description>
		<content:encoded><![CDATA[<p>First mistake, name this &#8220;Prop. 13&#8221;, so blame the author who named this measure &#8220;Prop. 13&#8221;. &#8220;Proposition 13, authored by Long Beach Assemblyman Patrick O’Donnell, would authorize a $15 billion bond for school modernization and construction projects with the bulk of funding ($9 million) going toward elementary schools. However, repaying the bill would cost taxpayers about $740 million a year for 35 years, something that 55% of voters said no to as of Thursday.&#8221; &#8211; Long Beach Post News.</p>
<p>Either way, taxes continues to rise each year with each &#8220;Measure&#8221; on the ballots with no end in sight.</p>
<p>&#8220;The Proposition 13 on the March 3 ballot is a $15 billion school construction bond, but with interest costs, the figure jumps to $27 billion. This is a general obligation bond which will be repaid out of the state’s general fund. The bond is constitutionally obligated to be paid off over 35 years at a cost to taxpayers of $740 million annually. This $740 million must be paid before any other state programs can be funded, including public schools, prisons and Medi-Cal.&#8221; &#8211; San Diego Union Tribune. Again, this failed bond cost $15B. However, it jumps to $27B,<br />
So &#8220;this newspaper is lame&#8221;, either way it DOES raise our taxes! Guess you&#8217;re rich and can afford to pay additional taxes? 🙁</p>
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		<title>By: this newspaper is lame</title>
		<link>https://www.ourvalleyvoice.com/2020/03/19/failure-of-prop-13-not-stopping-visalia-unifieds-fifth-high-school/#comment-39638</link>
		<dc:creator>this newspaper is lame</dc:creator>
		<pubDate>Fri, 20 Mar 2020 04:39:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.ourvalleyvoice.com/?p=31607#comment-39638</guid>
		<description>This is literally fake news, it was a bond measure, not a tax raise. How disappointing.</description>
		<content:encoded><![CDATA[<p>This is literally fake news, it was a bond measure, not a tax raise. How disappointing.</p>
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		<title>By: Abel G.</title>
		<link>https://www.ourvalleyvoice.com/2020/03/19/failure-of-prop-13-not-stopping-visalia-unifieds-fifth-high-school/#comment-39554</link>
		<dc:creator>Abel G.</dc:creator>
		<pubDate>Thu, 19 Mar 2020 15:50:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.ourvalleyvoice.com/?p=31607#comment-39554</guid>
		<description>&quot;VUSD’s trustees met for a study session on March 17 to discuss how to proceed in the wake of the failure of Prop 13, a ballot measure that would have raised commercial property tax rates to fund the building of new schools.&quot;

Prop 13 would not have raised commercial tax rates. It would allowed the State to sell up to $15 billion in bonds that would be paid back from the State&#039;s general fund, not commercial property tax as your article mistakenly describes.</description>
		<content:encoded><![CDATA[<p>&#8220;VUSD’s trustees met for a study session on March 17 to discuss how to proceed in the wake of the failure of Prop 13, a ballot measure that would have raised commercial property tax rates to fund the building of new schools.&#8221;</p>
<p>Prop 13 would not have raised commercial tax rates. It would allowed the State to sell up to $15 billion in bonds that would be paid back from the State&#8217;s general fund, not commercial property tax as your article mistakenly describes.</p>
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