Gearing Up for Ballot Budget Battles
This November, in addition to picking their Congressional Representatives, voters will decide on a host of important ballot measures. That is nothing new. Last year, an off-year election, voters in six states decided on 26 statewide ballot measures ranging from gay marriage to gambling to medical marijuana. This year, however, many of billions of dollars will be at stake on the ballot.
According to the National Conference of State Legislators, 146 statewide measures have qualified for the ballot this November. Many of those measures will have serious ramifications on state budgets and taxpayers. For example, voters in Washington State (one of 9 states without an income tax) will decide whether to follow Oregon's lead and tax individuals who earn more than $200K per year. The measure would generate more than $1 billion in new state revenue.
Voters in other states will have the option to slash state revenue or reduce spending. Two separate proposals in Colorado would cut property, income and motor vehicle taxes by $3.1 billion. In Florida, voters can save billions by rolling back the class size requirements they established in 2002.
Stateline.org has compiled a list of key measures to follow - Guide to state ballot measures for 2010
For further analysis, check out the Stateline.org article - Billions on the ballot