Californians Quick To Vote - Reluctant To Pay
February 8, 2007
While California voters in November approved five bond issues-covering issues like flood protection and highway rehabilitation–worth $43 billion, a new study details the disparity between the public services the state’s residents want and their willingness to pay for them. Published by the Public Policy Institute of California, "Fiscal Realities: Budget Tradeoffs in California Government" shows that Californians would have to make significant tradeoffs to achieve their budget priorities. For instance, more than 70 percent of residents say educational initiatives, such as smaller and more effective K-12 classes, top their list of concerns. However, such initiatives would cost California governments an additional $15 billion per year, and the required funding would come from unwanted tax increases or other unpopular tradeoffs.
Californians currently pay approximately 20 percent more per capita for public services than the rest of the nation; however, the sheer size of the state’s population is a major factor underlying the cost differential.
source: C.A.R.
Posted in All Things San Diego, Real Estate, Things of Interest
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