Article thumbnail
Location of Repository

Education Funding. Real Property Parcel Tax. Initiative Constitutional Amendment and Statute.

By 

Abstract

Provides additional public school funding for kindergarten through grade 12 by imposing a $50 tax on each real property parcel. Funds must be used for class size reduction, textbooks, school safety, Academic Success facility grants, and a data system to evaluate educational program effectiveness. Provides for reimbursement to government entities to offset anticipated decrease in other tax revenue. Prohibits fund use for school administrative overhead. Requires school district audits and penalties for fund misuse. Excludes funds from Proposition 98 calculations. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Annual revenue of over $500 million from a new, statewide parcel tax with the revenue dedicated to specific K-12 education programs (such as class size reduction, instructional materials, school safety, and for facility grants). (SA2005RF0127.

Publisher: UC Hastings Scholarship Repository
Year: 2006
OAI identifier: oai:repository.uchastings.edu:ca_ballot_inits-2398
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • https://repository.uchastings.... (external link)
  • https://repository.uchastings.... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.