Measure J: Mission Bay Lease Money Revenue Use

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Oct 20, 2016 (San Diego) This would increase revenue from the park to the General Fund. The formula, is as follows according to the Office of the City AttorneyYou:

This measure would increase the allocation of lease revenues to the Regional Parks fund to the greater of $3.5 million or 35% over the threshold amount, and reduce the allocation to the Mission Bay Park fund accordingly. For example, if the total lease revenue is $30 million:

  • Allocation under the current formula:
    • General Fund $20 million
    • Regional Parks fund $2.5 million
    • Mission Bay Park fund $7.5 million
    • Total Lease Revenues $30 million
  • Allocation under the amended formula, if approved by voters:
    • General Fund $20 million
    • Regional Parks fund $3.5 million
    • Mission Bay Park fund $6.5 million
    • Total Lease Revenues $30 million

This would increase the funds the city gets to fulfill it’s municipal obligations, such as police and fire stations, as well as streets, which under the Mayor’s plan would receive a boost. It potentially could also expand what is defined as park land.

Amendments would identify City obligations under state law regarding tidelands within Mission Bay and allow the Council to add certain City-owned parkland to the Charter’s definition of Mission Bay Park.

You can find the full text here.

Editor’s note, trying to get the last ones done, to be done H… sorry for that.



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