Frequently Asked Questions - Q33


Question:

SUBSECTION FOUR of the amendment seems a bit much. Why is this necessary?

Answer:

In essence, this is a requirement to provide voters the same kind of information currently furnished to potential buyers of the City’s bonds. We believe it only fair that taxpayers receive the same kind of information that potential bond buyers receive, before deciding whether to approve public improvement bonds or approve increases in the City’s total revenues beyond the threshold limit in the charter amendment.



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