Prop 30 doesn’t mean “New Money” for schools

November 16, 2012
Santa Paula News

Voters approved Proposition 30 on the November 6 ballot but, despite what many people thought, it doesn’t bring new money to schools.

Cathy Bojorquez, Assistant Superintendent for the Santa Paula Elementary School District (SPESD) said passage of the measure means there will not be any mid-year budget cuts.  She told the SPESD board that the ballot measure was promoted as bringing new money to schools.  “People are thinking that programs are going to be coming back,” she said.  “Really the money’s already spent.  It was built into the state budget.  If it hadn’t passed we were going to be cut.  There’s really no new money and I think that’s hard for some people who voted for it to understand.”

Proposition 30 raises the state sales tax from 7.25 percent to 7.5 percent.  It also creates four high-income tax brackets for taxpayers with taxable incomes exceeding $250,000 to $1,000,000.  This increase will be in effect for seven years.  It increases the tax rate on those taxable incomes from 10.3  to 13.3 percent.  The income tax will apply retroactively to all income earned or received since the first of the year.

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