Mayor Sam's Sister City - Home of Los Angeles Politics: Everything You Need To Know About Every State Bond Measure In Less Than 100 Words

Mayor Sam's Sister City - Home of Los Angeles Politics

This is the city: Los Angeles, California. I work here. I'm an ex-mayor. Los Angeles is a magnet for people from all over the world. Some of them run for public office. Inevitably some of them stray from the golden rule and rule for those that have the gold. That's when I go to work. My name is Yorty. I'm a dead pol.

Thursday, November 02, 2006

Everything You Need To Know About Every State Bond Measure In Less Than 100 Words

California's 1999-2000 budget identified the total revenues from all sources as $75 billion.

California's 2006-2007 budget lists total revenues from all sources as $103 billlion.

Put another way, the annual revenues available to the State to spend have risen nearly 38% since 1999. THAT'S AN ADDITIONAL $28 BILLION EVERY SINGLE YEAR.

Thirty-eight percent. . . .$28 billion annually.

I'm thinking we are taxed sufficiently as it is. You want to fix freeways or levees, use the 38%, use the $28 billion annually.

Call me "Dr. No" on all the bond measures.