I’d say 2 elementary schools on the list to be closed and maybe at least one middle school.
yah it sucks, but with student enrollment down every year, I would rather they close a school or two (reduce fixed expenditure) and beef up on people investment. I am more concerned about all the classes they have been cancelling recently. If they can bring the classes back by closing schools, I am all for it.
btw @druid based on your comments we may be as little as a few blocks away from each other. lol
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I don’t have a horse in the race one way or the other on prop 15 but am keeping fingers crossed that 19 and 21 fail. It grosses me out me out how they are trying to push through unpopular changes (e.g. eliminating inheritance of property tax basis) by bundling them with popular changes (tax breaks for fire victims).
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May I ask which zip code or area name?
I did my usual default of voting no on every proposition.
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AFAIK, is more of a budget (+ high cost of housing/ living) issue. Budget has been reduced, hence need larger student size for a class. Not enough fertile parents, hence less children and student size is too small to support a school.
Usually fertile parents are younger and have less money for spending.
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Propositions are undemocratic. They allow special interests with loads of money tailor unvetted propositions for laws to come out to voters that have no interest time or knowledge to investigate them. They should be banned. Tons of money spent on 19. No idea why… vote no
Yes we should remove all props including 13. Everyone should pay market rate taxes fair and square.
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I have no issue 
I saw this in the news:
It points to a website where someone went through all the public records and puts all the prop tax amounts for each parcel on a map so it’s easy to see. Redfin already has this information but it doesn’t put it on maps like that.
My next door neighbor pays $900/yr while I pay 19k/yr. They are an elderly couple in their 80s. Their house is exactly the same as mine was before my house’s previous owner expanded and remodeled and before we expanded and remodeled. Their house still has the original steel windows.
When we had our block party last time (we have a very long block), we figured out who was the earliest resident on our block. She said their house was the first one that came up on our block. Her prop tax is also $900.
If it were not for prop 13, elderly owners like my neighbors won’t be able to stay in their houses. So prop 13 did do what it’s supposed to do. I just wish the gap could be a little more reasonable.
Have fun with the website.
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Prop 13 is established law since 1978. A different animal. So you want to remove all 40 year old legislation?
Props today are just pet projects for special interests. Prop 13 was a taxpayers revolt. It was either that or pitchforks and tar n feathers against everyone in Sacramento. Could happen again with the covid19 Newsom tyranny.
I voted No on prop 15. I actually think the idea is reasonable and fair, but I would make it less drastic that rather than re-assessing to market value we could bump up from 2% to maybe 10% to soften the blow.
But that’s not the main reason I voted No on it. It’s a tax increase in the end which is what I am against. I don’t want to give more money to the government to spend freely, especially this government. To earn my vote it should come with a reduction in some other tax to make it a wash.
If prop 15 passes, the government will have a windfall to splurge on. After that dries up, they will have a prop 16 to make it even more fair by removing prop 13 protection for some of the remaining recipients. The appetite for more tax revenue is bottomless.
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I don’t agree with this line of reasoning. With prop 16 passed Property values will drop overall which will compensate any windfall tax for govt. Total tax would remain the same and RE will become more affordable. What it’ll really do is make RE fair and square for all businesses and every individual. The current situation is really criminally unfair.
I think you meant prop 15.
If you google “prop 15 yes or no”, the first hit is the yes15.org website. On the google link it says “Vote Yes on 15 | $12B for Schools & Communities | yes15.org”, but on the actual website I have yet to find the 12B number. They probably changed the home page title and removed the 12B number at some point.
There is a reason they called it “schools and communities first” initiative. If this does not bring in the dollars why are they pushing so hard for it?
No need to sugarcoat this. It is a tax hike.
Why do our school so desperately need the extra funding but aren’t getting it? Because it’s not a priority on the government’s spending list. But clearly voters care about schools even though it’s not the government’s priority, so it’s the easiest way to get voters to approve more tax revenues.
Prop 15 is a lie and communist propaganda pushed by Becerra. An avowed communist and enemy of the people. It will destroy small businesses in the state already devastated by covid19. Shopping centers require triple net leasees to pay property tax . These retail businesses will all go out of business. Becerra wants to turn California into Venezuela. The only winner is Amazon. I have been loading up on Amazon stock. Sorry you have been suckered. Property tax revenues will actually go down and our businesses will disappear. Downtowns will become ghost towns. Way to go you commies.
Yes I stand corrected.
Won’t businesses benefit from this - lower property taxes and lower property prices.
Property taxes will never go down unless there is a recession like in 2009. Of course 15 will help cause a recession. But the idea that raising taxes helps others shows a deep lack of understanding of Sacramento.
Our state and local deficits are caused by out of control spending and Union caused excessive pensions. These pensions will bankrupt every locality and the state. Prop 15 is a bandaid on massive bleed of money. Prop 13 was a way of attacking the spending issue. one party rule has caused a system that has no control on spending. Population goes up at 1-2% a year. And has now slowed to net zero. Meanwhile state spending is going up at up to 8% per year. And the big tax payers are moving out. Income tax revenues are slowing. Unsustainable system that prop 15 won’t solve. Don’t feed the bear.
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Small business with less than 3M RE value will be exempt and that’s a saving grace. I wonder how this 3M barrier will affect price. A property at 3.1M and 2.9M can both become 3M by market forces. No property can be just over 3M or even 4M anymore because of huge added price that CRE above 3 will pay - it’s a bit strange force no?