Ballot Measure Education and Clarification
There is a qualified ballot measure titled: Authorizes Bonds for Facility Repair, Construction, and Modernization at Public Preschools, K-12 Schools, 13 Community Colleges, and Universities. Its proposition number is Prop 13. Voting YES Authorizes $15 billion in state general obligation bonds for public education facilities. It will appear on the March 3 ballot.
There’s also a qualified ballot measure titled: Requires Certain Commercial And Industrial Real Property To Be Taxed Based On Fair-Market Value. Dedicates Portion Of Any Increased Revenue to Education And Local Services.
This is the “split-roll” ballot measure that undermines the Prop 13 that was passed in 1978 to protect homeowners and businesses from skyrocketing property taxes. Voting YES authorizes the state to tax businesses at fair market value. This will appear on the November 3 ballot. I respectfully urge you to vote No.
There’s been a lot of confusion between these two ballot measures. One is called Prop 13, and the other directly affects the Prop 13 that most Californians know and overwhelmingly support.