Would $3 Billion Pay to Fix Your Street?

Take a look at the road condition maps for Eagle Rock.

Now that the Los Angeles City Council has delayed action to put a $3 billion street repair bond issue on the May ballot, just which streets would be in line for repair in Eagle Rock? A look at the map to your right will help you find your streeet.

Los Angeles is more than 60 years behind in necessary street repairs, according to Councilmen Mitch Englander and Joe Buscaino, who are proposing the bond issue. There is a good chance that your street is among the nearly 9,000 miles of crumbling thoroughfares that need to be resurfaced.

If approved, owners of a $350,000 home would pay $119 per year in added property taxes over the course of the 29 years it would take the city to pay off the debt. The tax on a property's assessed value would start low and increase as the city borrows more heavily to fund the street repairs, with the rate eventually declining as the city stops borrowing more money. A two-thirds popular vote would be needed for it to pass.

The delay came at the urging of Neighborhood Councils who bemoaned the lack of advance notice and discussion about the bond issue. It was announced last Friday in order to meet a Jan. 30 ballot deadline. And City Council President Herb Wesson Wednesday agreed that the plan lacked public outreach to gain support from the city's 95 Neighborhood Councils.

A website has been launched to explain the need for the bond issue. Click here for an overview of Neighborhood Council street assessments undertaken by the Bureau of Street Services.

Englander and Buscaino say the bond measure is necessary because the city cannot afford on its own the estimated $300 million annual cost to fix some 8,700 lane-miles of damaged streets. The city budget for the current fiscal year is running a deficit and legislators will be tasked with closing an estimated $216-million budget hole for the fiscal year that starts in July.

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— City News Service contributed to this report.

Lisa January 11, 2013 at 07:29 PM
Don't we already pay taxes for road maintenance?
Lisa January 11, 2013 at 07:32 PM
Isn't it the city's problem that they are behind in street repairs? If so, shouldn't they have a lot of money saved up for repairs? Were the funds diverted for frivolous spending and now they want more money? Am I wrong?
nonoise January 12, 2013 at 04:24 PM
Obama just raised taxes on the poor and middle class. Anyone check their paycheck this month? Money was missing. He raised taxes not just on the rich. He raised taxes on the poor and middle class. Check your paycheck. Money is missing. Voters got what they asked for. They voted Obama to take their money away. Now all working people will suffer. Those that just collect freebie's from the taxpayers won't. For those that work, check your paychecks. Money is missing. Your taxes just got raised. That was smart.
lisa karahalios January 12, 2013 at 07:43 PM
No way. I pay enough in road repair taxes at the pump and previous bonds. Instead of fixing the broken infrastructure they are spending almost a hundred billion on that stupid train to nowhere.


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