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Article #328Proposition 13 taxes, and Prop A questions
From: Joe St. Lucas
Date: Sat, 02 Oct 1999 00:00
Date: Sat, 02 Oct 1999 00:00
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2247 bytes
Couple of questions about props. First, prop 13 (the old one) was supposed to limit the increase of property taxes by 2%/year or something, right? This latest tax bill I got yesterday shows my taxes going up by 8% over last year. I know I received a "re-assessment" months back saying my house is worth more than before, but I guess I thought that no matter what my house was valued at, my taxes wouldn't be more than 2% of previous. Apparently I was wrong. Anyone know the real story on this? Oh, and I'm trying to find the proposition A text somewhere on-line, the "save our kids schools because the lottery didn't" proposition. If there's a url for it anywhere, please let me know, I've searched the http://library.ca.gov/gov/official.html site to no avail. Course my increase in property tax from the re assessment has just canceled out ANY more increase from this proposition. Remember when the lottery came about? They claimed they'd have so much money from it for the schools (the children win, too) that the sidewalks would be paved with gold. (ok, my exaggeration) Yet, now we need MORE money for the schools? Let me recall from my faulty memory what happened. Before the lottery, the state allocated $X/year for schools. The lottery was going to add $Y/year to that, thus the gold-plating. However, after a year or two, the state decided to now only spend $X-$Y /year on schools from its budget, so the overall effect was no increase in funding for the schools while creating a gambling network in the state. What's to stop the Prop. A money from diluting the state's contribution in the same way??? -- Joe
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 106ed4,c3455b585144317e,start X-Google-Attributes: gid106ed4,public X-Google-Thread: 10b619,c3455b585144317e,start X-Google-Attributes: gid10b619,public From: "Joe St. Lucas" <jstlucas@znet.com> Subject: Proposition 13 taxes, and Prop A questions Date: 1999/10/02 Message-ID: <37F65836.4136@znet.com> X-Deja-AN: 532081008 Content-Transfer-Encoding: 7bit Organization: None Content-Type: text/plain; charset=us-ascii MIME-Version: 1.0 Newsgroups: sdnet.general,ca.general X-Complaints-To: newsabuse@supernews.com