This episode highlights the impending Ohio bond issue on the primary ballot in May, which proposes a substantial $2.5 billion expenditure with annual spending limits set at $250 million. It is purportedly essential for the preservation of Ohio's infrastructure; however, we contend that many Ohioans remain largely uninformed about this critical matter, a reality that appears to be by design. We delve into the implications of this bond issue, questioning its necessity and the motivations behind its expedited passage through the legislature. I argue that the proposed measure may serve as a vehicle for taxpayer exploitation, and I advocate for a collective decision to vote against it. Ultimately, our discussion seeks to empower voters to hold their elected representatives accountable for their fiduciary responsibilities and to demand transparency in governmental financial decisions.
Takeaways:
- The impending Ohio bond issue on the primary ballot is a significant financial concern for taxpayers.
- There exists a profound lack of awareness among Ohioans regarding the bond issue at hand.
- Voting no on the proposed bond issue could serve as a necessary wake-up call for legislators.
- The bond issue's speed through the legislative process raises serious questions about transparency and governance.
- Elected officials have a fiduciary duty to the public, which they must honor by being accountable.
- The timing of the bond issue's placement on the ballot appears designed to minimize voter turnout and scrutiny.
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https://youtu.be/c4sZfWqhW3A
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Episode: "Ohio's Stealthy May Bond Issue" (February 23, 2025)
From GFI's Special "Need to Know" Series
LINKS IN THIS VIDEO:
View Ballotpedia's explanation of the Bond Issue here:
https://ballotpedia.org/Ohio_Local_Public_Infrastructure_Bond_Amendment_(May_2025)#Text_of_measure
View House Joint Resolution 8 here:
https://ohiohouse.gov/legislation/135/hjr8/status
Download the Ohio Constitution here:
https://www.ohiosos.gov/globalassets/publications/election/constitution.pdf
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