Riles Unveils $3.5 Million California School Plan
California schools chief Wilson Riles announced a 3.5 billion dollar annual school finance package aimed at reducing property taxes for 90 percent of children. The plan, to meet Serrano, would levy a 2.50 per 100 assessed value statewide and direct funds to high need urban districts while boosting general fund contributions.
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Sacramento
California
Cheif Wilson Riles
San Francisco
Riles
Serrano
State Supreme Court
Assembly
Bob Moretti
D-Van Nuys
State Department of Finance
William
Assembly weighs LA teachers retirement funds dispute
In Sacramento an Assembly Committee will decide whether Los Angeles taxpayers or teachers own between 97 and 150 million in surplus teachers retirement funds after a potential merger with STRS. The study, tied to a taxpaying versus teacher-backing disagreement, follows a governor backed reform of STRS and a looming May 15 election.
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Sacramento
Los Angeles
Assembly
James Q. Wedworth
Wedworth
California Taxpayers’ Assn
THE
CTA
Charles Baldwin
Senate
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