All projects with costs going multigenerational should be voter approved period. If the costs effect more than the current generation it is long term.
Although written about California, I think this article may interest you if you are a taxpayer. Should we learn from their mistakes…or repeat them?
I encourage you to read California’s Proposition 13.
By Jon Coupal
President of the Howard Jarvis Taxpayers Association
Billions in New Bonds Should Not Escape Voter Approval
Former Speaker Willie Brown once said, “In the world of civic projects, the first budget is really just a down payment.” The strategy, he noted, was to start construction of a project quickly so it would be hard to stop once people learned of the real cost which, in many cases, could be many multiples of the initial price represented to citizens.
Constant cost overruns and a lack of accountability plague California’s infrastructure projects. Politicians casually throw “millions” and “billions” around like a game of monopoly, leaving hard-working families and future generations to pay the debt they so flippantly…
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