Wednesday, February 17, 2010

L.A. Unified to seek $100 parcel tax hike - latimes.com

L.A. Unified to seek $100 parcel tax hike - latimes.com:

"The four-year increase would alleviate the school district's projected budget deficit but probably not prevent class size increases, teacher layoffs or a shorter school year."


Los Angeles voters will be asked in June to approve a temporary $100-per-parcel annual tax to help fund city schools, but Supt. Ramon C. Cortines warned Tuesday that the increase still would not be enough to head off bigger class sizes, teacher layoffs and, possibly, a shorter school year.

Facing a projected $640-million budget shortfall, officials said the parcel tax would yield $95.2 million annually for the four years it would be in effect. The school board needed to act quickly, Cortines said, so the money could offset some cutbacks for the upcoming school year. For the same reason, the measure had to go before voters in June. Pollsters had favored November as likely to deliver a more liberal, tax-friendlier electorate.

Parcel taxes require a two-thirds majority vote within