California voters approved new taxes on wealthy residents, sparing K-12 from $4.8 billion in projected; they also rejected curbs on union and corporation political spending.
Recently in Taxes Category
November 07, 2012
September 28, 2012
Committees supporting two school-funding propositions on the California ballot this year are spending big to try to ensure their success.
September 20, 2012
Property tax and aid formulas stymie states ability to help poorer districts, a Center for American Progress report concludes.
July 18, 2012
A new report from the State Budget Crisis Task Force says that states' K-12 education funding may rebound as the economy improves, but health care and retirement obligations and limits on property taxes could hamper that recovery.
June 27, 2012
Arizona's secretary of state rejected a ballot initiative this week that would extend a sales tax increase and earmark much of the money for education, but a group supporting the tax hike said it would challenge that decision in court.
June 20, 2012
A second report on school funding effort and fairness from the Education Law Center in New Jersey shows that the pervasive problems in education finance in identified 2010 have largely remained unchanged based on data up to 2009.
May 24, 2012
Various state are grappling with education funding problems that touch on a number of issues, from the possibility of a much shorter school year for many California districts, to the amount of "payback" North Carolina districts owe the state, and accusations New Jersey Gov. Chris Christie (R) is overstepping his authority on school funding.
May 17, 2012
Over 95 percent of school districts had their budget proposals approved by voters in New York State in the first year of a new law capping property tax increases. Districts that proposed going above those caps to pay for their budgets succeeded at only a 60-percent rate.
May 15, 2012
In the wake of news that California's budget deficit has grown to $15.7 billion, $6.5 billion more than a January estimate, California education groups are now worried that a proposed take hike in November to fund schools won't be enough to staunch deep cuts.
May 04, 2012
A new study of California public schools from 2007 to 2011 paints a fairly grim picture that includes "small progress" but major challenges remaining. Among the findings is that the state's per-pupil spending in K-12 dropped by $522, a 6 percent slump.