By Katy Murphy
Monday, September 28th, 2009 at 4:56 pm in finances.
Do you know how much of California’s property tax revenue was wiped out after voters passed Proposition 13 in 1978? Or which laws radically changed who controls this major source of revenue? Or how many California school districts have successfully passed a parcel tax?
Even if you consider yourself an expert on school finance, you might learn a thing or two from an short EdSource primer about the twists and turns of school funding in California, and proposals that have been — or might be — floated in response to this budget crisis.
It’s dense, but pretty easy to read, considering the topic. Plus, it’s only eight pages. You can find it here.
Class Discussion: Would you push for a county-level sales tax to benefit school districts in Alameda County? Should lawmakers give individual school districts the authority to take an add-on income tax to the voters? What about adjusting the property tax rate limits on Proposition 13, or creating a “split-roll” tax that would require businesses to pay more than they do? None of the above?
Tell us what you think lawmakers — and voters — should do or not do.
file photo by Ray Chavez/Tribune Staff