Infrastructure and Housing bonds

Summary

This measure would allow the City to borrow up to $600 million by issuing general obligation bonds. The bonds would be repaid with revenue from an “ad valorem” property tax. “Ad valorem” means according to the value of the property. The City would impose a tax based on the value of real property and improvements within the City to pay the principal and interest of the bonds. The City would use this money to build, buy, improve, and rehabilitate facilities and infrastructure and for affordable housing in Oakland. The projects financed by the bonds would be completed as needed according to City Council established priorities as set forth in the City’s Capital Improvement Plan.

Contributions by region

Contributions to Support
$406,937

Contributions to Oppose
$43,872

Supporting regions

Out of State

$18K

Within California

$121K

Within Oakland

$268K

Opposing regions

Within California

$21K

Within Oakland

$23K

Contributions by type

Supporting contributors

Committee

$176K

Individual

$23K

Other (includes Businesses)

$208K

Opposing contributors

Individual

$7.5K

Other (includes Businesses)

$36K

Spending breakdown by committee
For more on how independent expenditures are calculated, see the FAQ.

In support of the measure

Invest in Oakland’s Infrastructure and Affordable Housing – Yes on KK, a Coalition of Business, Community Leaders and Oakland Residents

See all contributions to this committee

$413,910

$414K

In opposition of the measure

Coalition to Improve Oakland Government - NO on Measure KK sponsored by Oakland small business and property owners, home owners and renters

See all contributions to this committee

No expenditures have been reported by this committee

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