Donate
PPIC Logo Independent, objective, nonpartisan research

Search Results

Filters Sort by:
Report

Fiscal Effects of Voter Approval Requirements on Local Governments

By Pedro Cerdan, Kim Rueben

This report investigates the ways local governments in California have used the ballot box to raise taxes, assess fees, and pass bond measures. It notes sharp increases in school bond proposals, especially after 2000, when Proposition 39 lowered the voter approval threshold from two-thirds to 55 percent. It also shows how voter reaction to fiscal measures varies according to region, election timing, the type of measure proposed, and the service to be funded. Finally, it suggests that dedicated taxes for popular programs are more likely to garner voter support than a general tax, despite the fact that special taxes require a supermajority for approval. It also notes, however, that this approach may leave some traditional government services, such as libraries and parks, with inadequate funding.

blog post

Californians Are Worried about Wildfires

By Lynette Ubois, Mark Baldassare

An overwhelming majority of Californians say the threat of wildfires is a problem in their part of the state. Around one in three residents have a great deal of confidence in government readiness to respond to wildfires.

blog post

In Memoriam: Dave Cogdill

By Mark Baldassare, Ellen Hanak

A tribute to Dave Cogdill--a valued friend and trusted advisor to PPIC and a respected member of the PPIC Water Policy Center’s advisory council.

Report

California’s Water: Paying for Water

By Ellen Hanak, Dean Misczynski, Jay Lund, Brian Gray ...

Sustainable solutions by state and local leaders are needed to close serious funding gaps in a number of critical areas of water management—including floods, water quality, and aquatic ecosystems. This brief describes the state’s major water funding gaps and proposes ways to fill them.

Report

Fiscal Rules and State Borrowing Costs: Evidence from California and Other States

By Kim Rueben, James M. Poterba

Because most of California’s new infrastructure spending will be financed with long-term debt, the state’s borrowing costs are a key fiscal issue.  In this study, James Poterba and Kim Rueben analyze bond market data over the last two decades to calculate the effects of three variables on state borrowing costs.  Noting that a rise in unemployment increases a state’s borrowing costs, the authors maintain that fiscal rules play an equally important role.  States with expenditure limits typically borrow at lower rates than others, but those with tax restrictions, or that require supermajorities to increase taxes, face higher borrowing costs than other states.  Unexpected budget deficits are also associated with higher bond yields especially in states with large outstanding debts.

Search results are limited to 100 items. Please use the Refine Results tool if you are not finding what you are looking for.