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Friday, October 15, 2010

SECB Endorsements: Approve R-52

Posted by on Fri, Oct 15, 2010 at 8:30 AM

Classrooms in schools and colleges are cold in winter, sweltering in summer, and energy inefficient all year long. By passing Referendum 52, voters would allow the state to expand its bonding capacity to issue $505 million in bonds to pay for energy-efficiency improvements in schools. Extending a sales tax on bottled water pays for the bonds; if that tax gets repealed (see I-1107), other money from the state's general fund pays off the bill. Not only would these improvements save energy (which saves the planet and saves the state money), they'd create jobs. The Northwest Energy Efficiency Council estimates that every dollar the state spends will be leveraged to bring in another three dollars from other sources. All told, that will create 30,000 new jobs, according to the state's Office of Financial Management. Vote to approve R-52.

Check out all of our endorsements and jump into the discussion over here.

(For you folks who don't like to read, go here for the SECB CHEAT SHEET!!!!)

 

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