Effect on Community-Funded Districts

122 community-funded 'basic aid' districts in California educate about 5% of the state's population.  Those districts are predominantly funded by local property taxes, getting only a few hundred dollars per student of 'basic aid' from the state.  (Incidentally, those districts also pay about 28% of the state's income tax, helping to fund all the other districts in the state.)

Property and parcel taxes are paid twice a year -- in April and December -- so these districts have to carry some of the April payment over to the next school year to cover August, September, October, and November's bills. 

Thus, community-funded districts:

  • with under 300 students carry a median of 65% over, compared with 59% for all districts this size
  • with 300-1000 students carry a median of 32% over, compared with 30% for all districts this size
  • with 1000-30000 students carry a median of 20% over, compared with 18% for all districts this size

These districts will have to borrow what they would have carried over.

 

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