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ALL ALAMEDA COUNTY—Would authorize the Alameda County Fire Department to issue $90 million in general obligation bonds to repair/replace outdated stations, thereby maintaining services in unincorporated communities (including medical emergency lifesaving services, fast 911 response, wildfire protection and disaster response), with oversights and audits, and no funds for salaries, benefits, or pensions. Measure X requires at least ⅔ of voters approving to pass.
Fiscal Impact: Would raise an average of $5.2 million annually for approximately 31 years, and the County’s best estimate of the total cost of the bond (including principal and interest) that would be required to be repaid if all of the bonds are issued and sold is $160.4 million. The best estimate of the annual average tax rate required to be levied to fund the bonds is $15.70 per $100,000 of assessed valuation of all property to be taxed in 2021/2022.
Next Alameda County Measure: Measure Y