SAN FRANCIS - A taxpayer advocate yesterday promised to fight passage of a June 1994 California ballot measure that would allow local general obligation school bonds to be approved by a simple majority rather than the current two-thirds voting requirement

The two-thirds thresholds is "a valid and important protection for taxpayers," Joel Fox, president of the Howard Jarvis Taxpayers Association, told more than 200 market participants during the California Public Finance conference, sponsored by The Bond Buyer.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.