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School bond supporters say the LAUSD measure, which would increase property taxes, is needed to repair and modernize campuses in the nation's second-largest school system.
The L.A. school bond would be the largest in district history and seeks to make schools "state of the art." It would be financed through property taxes.
The parcel tax is a form of real estate tax. Unlike most real estate taxes [citation needed] or a land value tax, it is not directly based on property value. [1] It funds K–12 public education [2]: 187 and community facilities districts, which are usually known as "Mello-Roos" districts. [1]
The Los Angeles County Assessor is the assessor and officer of the government of Los Angeles County responsible for discovering all taxable property in Los Angeles County, except for state-assessed property, to inventory and list all the taxable property, to value the property, and to enroll the property on the local assessment roll. [2]
Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.
Nearly all Los Angeles Unified campuses and offices will reopen on Monday after wind-fueled fires led to a districtwide shutdown, officials announced late Sunday afternoon. ... an LAUSD property ...
The California State Legislature's response to Serrano I and Serrano II was significantly constrained by the passage of Proposition 13 in 1978, which reduced property-tax revenues and imposed a 2/3-majority vote requirement for statewide tax increases. The initial property-tax-based solution was replaced by a funding scheme that relied more ...
A $218 million bond measure was passed on the November 7, 2006, election ballot for the purpose of upgrading and repairing Arcadia schools. A large part of local property taxes are absorbed by the state, and Arcadia is the lowest-funded unified school district in Los Angeles County. [7]