San Diego has made great strides at rebuilding, but to ensure that progress will continue, city officials are hoping to put a Rebuild San Diego measure on an upcoming ballot for the first week of June to dedicate continued funding for neighborhood improvements, city parks and streets for a period of 30 years.
In order to fund the initiative, the city would rely on existing revenue using savings from pension payments, allocations from general funds and sales tax.
The ballot would allocate between $4-$5 billion dollars over a span of 30 years to make neighborhood upgrades. Voters would be assured of no additional taxes, and the Rebuild San Diego measure would be equipped with a clause for emergency suspension during years with less economic growth if needed.
Read more at http://www.sandiego.gov.