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?