California Props 13 and 15, public school funding

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Proposition 15 would change how some commercial properties are taxed in California, bringing in more money for local governments and schools. Photo by Pixabay.

KCRW does a cost-benefit analysis of Proposition 15, a measure on the November 3 ballot that would raise property taxes for high-value commercial properties in California, bringing in more money for local governments and schools.

And really understanding Prop 15 requires looking back at a much older measure. Prop 13 was passed in 1978, capping property taxes in California. That meant a big reduction in tax revenue, and public schools were heavily affected.

Credits

Host:
Steve Chiotakis

Producers:
Christian Bordal, Jenna Kagel