Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»A Lookout View: Yes on Capitola, Scotts Valley and school bond measures
    Investments

    A Lookout View: Yes on Capitola, Scotts Valley and school bond measures

    October 28, 20244 Mins Read


    Quick Take

    Yes, tax bites do mount up, bit by bit. Yet, they are essential to keep local governments and our schools moving forward, meeting these anxious times. The Lookout Editorial Board supports both Capitola’s and Scotts Valley’s tax increases, and those of the six local districts seeking approval.

    Editor’s note: A Lookout View is the opinion of our Community Voices opinion section, written by our editorial board, which consists of Community Voices Editor Jody K. Biehl and Lookout Founder Ken Doctor. Our goal is to connect the dots we see in the news and offer a bigger-picture view — all intended to see Santa Cruz County meet the challenges of the day and to shine a light on issues we believe must be on the public agenda. These views are distinct and independent from the work of our newsroom and its reporting.

    Yes on Measure Y, Capitola sales tax increase

    We support the increase of the city of Capitola sales tax to 9.25%. Rising a quarter-point from the current tax, the approximately $2.2 million raised annually would offset a budget deficit and allow the incoming city council to better balance the many needs of the city, from roads to bike safety to wharf maintenance. At the new rate, Capitola would still levy one of the lower sales taxes in the county.

    Yes on Measure X, Scotts Valley business tax increase

    There’s broad agreement in Scotts Valley that a relatively minor increase in the fees that businesses pay should be approved. The increase would help offset the nagging budget deficit that Scotts Valley, like most local governments, is facing. If passed, the measure would raise the base rate of the tax to $150 from $90 and implement a sliding scale to determine how much a business would pay annually. In total, about $750,000 would be raised, and as in Capitola, is needed because Scotts Valley’s incoming city council will face tough decisions on addressing multiple issues.

    Yes on school bonds

    Workforce housing features prominently in three of the five school bond measures on the ballot. Those three – Live Oak, Pajaro Valley, and Soquel Union Elementary — all are addressing what has become an overwhelming need to provide affordable workforce housing for those who teach our kids. 

    LOCAL MEASURES

    Yes on Measures D, L, M, N, O and P – school district bonds

    All six of the measures seek to provide funds for classroom renovations and expansions, replacing utilities, upgrading technology, repairing athletic fields and gyms and more. Three of the districts — Live Oak, Pajaro Valley and Soquel Union Elementary — are planning to fund workforce housing.

    School districts have seldom been more stretched, as declining enrollment and state funding formulas have created headaches for administrators at each of the county’s 20 districts.

    The Lookout Editorial Board supports each of these five bonds, yet other necessary taxes to fund the basics of local services, in this case none more important than education.

    Measure D asks Aromas-San Juan Unified School District voters to approve the sale of general-obligation bonds not to exceed $44 million. It is estimated that the bonds would raise about $2.7 million per year for the school district.

    Measure L is a Bonny Doon Elementary School District bond, and asks voters to approve the sale of up to $7 million in general-obligation bonds. The bonds would generate about $456,000 per year for the district.

    Measure M is a Pajaro Valley Unified School District bond that asks voters to approve the sale of up to $315 million in general-obligation bonds. The bonds would raise about $18.3 million per year for the district

    Measure N is a Live Oak School District bond asking voters to approve the sale of up to $45 million in general-obligation bonds. They would generate about $3.3 million per year for the district. This measure is solely dedicated to funding workforce housing.

    Measure O is a Scotts Valley School District bond that asks voters to approve the sale of up to $85 million in general-obligation bonds. They would raise about $5 million each year for the district.

    Measure P is a Soquel Union Elementary School District bond that asks voters to approve the sale of up to $73 million in general obligation bonds. The bonds would raise about $4 million annually for the district.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Floyd Mayweather ends retirement again to return to professional boxing – BBC

    Investments

    8 Key Financial Questions Baby Boomers Are Asking Experts for Better Retirement Planning

    Investments

    The rebirth of ‘Municipal Bonds’ could trigger new investment opportunities – Money Insights News

    Investments

    Turn Your Savings Into Success

    Investments

    Buying property in a trust or company: what investors need to understand before making the leap

    Investments

    59 and Wondering About Retirement Savings? See How You Measure Up

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    Chandler plant to produce Intel’s most advanced US-made semiconductor technology

    Precious Metal

    China’s Rare Earth Dominance Could Be A Dummy Run For Copper Control

    Fintech

    Fintech FNZ | Performances décevantes pour un gros investissement de la CDPQ

    Editors Picks

    Bill Gates-backed energy investment firm pulls in $839M for new climate fund

    August 9, 2024

    La demande mondiale d’or a atteint un nouveau record en 2024

    February 5, 2025

    Silver Tiger shares slide on prefeasibility for El Tigre project in Mexico

    October 22, 2024

    En Kanaky, deux stratégies pour le « métal du diable », par Benoît Trépied (Le Monde diplomatique, juillet 2025)

    June 26, 2025
    What's Hot

    78 years of currency evolution: From the paper rupee’s Independence to digital currency

    August 15, 2024

    It’s Been A Good Week For Coffee Commodity Prices

    July 12, 2024

    US exempts 200+ agricultural products from reciprocal tariffs

    November 14, 2025
    Our Picks

    Up to 1900% Cash Reward! These 4 Stocks Trade Ex-Dividend Today – Know Payout Dates

    February 13, 2025

    Six Global Energy Trends Shaping the Middle East in 2026

    January 8, 2026

    Myanmar’s junta-controlled central bank announces introduction of digital currency

    July 3, 2025
    Weekly Top

    Turn Your Savings Into Success

    February 20, 2026

    The rebirth of ‘Municipal Bonds’ could trigger new investment opportunities – Money Insights News

    February 20, 2026

    2 Dividend Stocks to Buy With $1,000 and Hold Forever

    February 20, 2026
    Editor's Pick

    Study: Bacterium enriches mine drainage copper to ore level

    February 11, 2026

    It’s going to smack people upside of their earholes

    January 27, 2026

    Rescuers eliminate consequences of strike on agricultural enterprise in Sumy region

    November 20, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.