Posts Tagged: Proposition 53
Gov. Brown speaking against Proposition 53. (Screen shot via Youtube
ANALYSIS: An independent look at the measure by the Legislative Analyst’s Office, and an examination by the state’s treasurer, describe some scenarios that agree with Brown’s point. But the governor ignores the LAO’s argument that there could conceivably be some costs savings, particularly if Prop 53 forces the state to make better use of existing infrastructure.
Stockton businessman Dino Cortopassi, who is financing Proposition 53 on the Nov.8 ballot. (Photo: Scott Duncan, Capitol Weekly.)
He started out with $3,000 and a VW bug. Now, he’s a multimillionaire bankrolling a November ballot initiative to dramatically change the way the California borrows money for public works.