Jerry Brown's Proposition 30 — which will temporarily raise the state sales tax and income taxes on high earners — the system will receive about $210 million in additional funding and be able to serve about 20,000 more students during the academicSacramento and Yolo county voters joined the majority of state voters in approving Prop. 30 – agreeing to pay more taxes to keep budget cuts away from the classroom. "It is exhilarating," said Jonathan Raymond, superintendent of the Sacramento CityCCalifornia voters have approved Gov. Jerry Brown's plan to raise income taxes on the wealthy and raise the statewide sales tax to fund education and help balance the state budget.Napa Valley Unified was facing a revenue reduction of more than $7 million this school year if Proposition 30 failed. The impact of the cuts would have been widespread, affecting everything from transportation to counseling services. The schoolAfter scoring a major victory with the passage of Proposition 30, Gov. Jerry Brown said he would temper impulses to ramp up state spending with billions of dollars more coming into state coffers.
Related External LinksPass / Fail : Prop 30 passed - so now where's the money? | 89.3 KPCCProp. 30… Now What? | KTXL FOX40Prop. 30 has passed, but how do you pay retroactive taxes? -
No comments:
Post a Comment