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Evaluating Ballot Measures

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The League of Women Voters of California is a nonpartisan organization committed to informed and active citizen participation in government. Our election services are carried out by the League of Women Voters California Education Fund (LWVCEF) and exclude all advocacy.

Criteria for Evaluation -- FAQs on Bonds -- The Initiative Process

Criteria for Evaluating Ballot Propositions

Courtesy of Margaret Craig, League of Women Voters Orange Coast

FAQs on Bonds

What is a bond?
A bond is a form of borrowing often used by state and local governments, usually to pay for capital outlay projects that would be too costly to pay for at one time. In effect, investors loan money to the government for a specific project and are repaid with interest over a specified number of years.

Why are bonds on the ballot?
In California, when the state wants to borrow money through a general obligation bond, this action must be approved by a majority of the voters. This ensures investors that the bonds are backed by the full faith and credit of the state.

How do state general obligation bonds get on the ballot?
They are put on the ballot by a two-thirds vote of both houses of the legislature with the signature of the Governor, or through a voter initiative.

How does repayment affect the state budget and my taxes?
The principal and interest on bonds are repaid from the state's General Fund. Money in the fund comes from personal income taxes (45%), sales taxes (36%), corporate income taxes (12%), and several smaller sources (7%).

Want more information? See An Overview of State Bond Debt.


The Initiative Process

See also Steps in the Initiative Process.

The initiative process allows voters to bypass the legislature and propose ballot measures. The two types of initiatives are constitutional amendments and statutes; and like other ballot measures, they require a majority vote to pass.

Proponents circulate petitions to collect the required number of voters' signatures to qualify the measure for the ballot. An initiative constitutional amendment requires more signatures than a statute, but if it is approved by a majority of the voters, this measure becomes part of the state's constitution and is difficult to change: an amendment may be proposed for voter approval by qualifying another initiative or by a two-thirds vote of the members of each house of the Legislature and the Governor's signature.

An initiative statute is easier to qualify because it requires fewer signatures but the Legislature can amend it with a majority vote (unless the statute specifies a two-thirds vote) and submission to the electorate, unless the initiative specifically permits amendment without voter approval.

Proposition 10 is an initiative constitutional amendment and statute. Propositions 4 through 9 are initiative statutes.


On Propositions: Evaluation Criteria - About Initiatives - Smart Voter
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Last updated: April 22, 1998
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