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Most city and county bonds require voter approval in California, needing the support of at least two-thirds of voters to pass. [3] This requirement was put in place by Proposition 13 which was passed in 1978 and reduced property taxes. [4] In 2000, Proposition 39 reduced the supermajority to 55% to approve taxes for local school bonds. [4]
The cities, whose voters had passed bond issues to pay for the site, turned around and donated it to the state. [8] The UCLA campus's "Janss Steps" are named for the two brothers. While the UCLA campus was being built, Janss Investment Company went to work developing the Westwood Village commercial area and surrounding residential neighborhoods.
The Orange County funds, managed by Citron, were worth $8 billion. [7] However, Citron went out to the repo market and leveraged the County Pools to amounts ranging from 158% to over 292%. To obtain this degree of leverage, he used treasury bonds as collateral. Profits of the fund were excessive for a period of time and Citron resorted to ...
10 YR BOND. 4.2209997-49.87%. GBP/USD. 1.2767642 ... USA TODAY 6 hours ago Your property insurance bill only seems like random bad luck. ... UnitedHealthcare CEO’s murder leads search firm exec ...
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
California lawmakers on Wednesday approved a 2024 ballot measure that asks voters whether to lower the bar for new taxes and bonds to fund housing and public infrastructure.
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related to: property bonds in usa today obituaries search by county californiapublicrecords.info has been visited by 100K+ users in the past month
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