SANTA BARBARA, Calif. - Tonight, Your News Channel teams takes a close look at Measure P, the $198 million dollar facilities improvement bond measure for Santa Barbara City College (SBCC). It is a hot-button issue for voters and homeowners. There are a lot of numbers involved and big dollars at stake. It is important to note that Measure P is not a separate bond. It is an extension of Measure V, a $77.2 million dollar construction improvement bond measure passed by voters in 2008. At the time, voters approved a maximum tax rate of $8.50 per $100,000 of a home's assessed value. Measure V is set to expire in 2040. Over the years, that $8.50 tax rate dropped to $6.50 in part, b
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