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Morning Read: Prop. 30 School Aid Win

LA School Report | November 7, 2012

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LAUSD Officials Relieved as Voters OK Tax Hike to Aid Schools
Bolstered by strong support in Los Angeles County, voters approved a tax-hike measure that will generate $6 billion in revenue and avert catastrophic cuts to California’s public schools and universities. Daily News

Big Win for Schools as Prop 30 Defies Polls
Proposition 30 will raise the level of minimum funding for K-12 schools and community colleges by $2.9 billion, but in the first year, there won’t be any additional money available for new programs.  For this academic year, $2.2 billion of the new revenue raised by the initiative will go toward paying off part of the $9.5 billion in late payments to schools and community colleges, known as deferrals.  EdSource

In California, a Tight Battle Over a Tax Initiative to Help Schools
California voters weighed in on a ballot measure Tuesday that would raise taxes by $6 billion annually over seven years, bringing an end to an acrimonious, $123 million battle between Gov. Jerry Brown, who said the money was necessary to save the state’s public schools, and conservative opponents in and outside the state. New York Times

Proposition 30 Election Results: California Secretary of State Calls Jerry Brown’s Tax Hike Push ‘Close Contest’
At 12:26 a.m., with 46 percent of precincts reporting, L.A. voters back Prop. 30 with 58 percent of the vote. LA Weekly

Underdog Richard Bloom Holds on to Slim Lead Over Assemblywoman Betsy Butler
Santa Monica Mayor Richard Bloom holds on to an extremely slim lead over Assemblywoman Betsy Butler. LA Weekly

Prop. 30 Winning; What’s Next for Schools, Taxes
This was the first time since 2004 that California voters approved a tax increase on a statewide proposition. The last increase passed by voters was Prop. 63: Income Tax Increase for Mental Services, which created a 1 percent tax increase on people earning above $1 million annually to fund mental health services. KPCC

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