Friday, November 30, 2007

WA school funding and property tax cap?

The Washington State Legislature passed a 1% cap on property taxes that has been signed into law. I'm wondering what impact, if any, this may have on school funding in our area?

The reason I ask is that I saw a recent video pulled together by some friends of mine on California school funding.

While we are not California, I recently learned that they too have a 1% cap on property taxes. To help offset potential revenue shortfalls, they also have a minimum $ amount for schools as well.

Things that I do not know (but probably should)…
  • How will the property tax cap it impact school funding, if at all?
  • Are there safeguards in place to ensure a minimal level of public school funding like the one in California?
  • What role if any will Simple Majority and an all mail in ballot have on the likelihood of school levies and the like passing?

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