Walters: California’s budget deficit revives everlasting battle over school funding

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Analysts and educators strongly criticize Newsom’s latest budget maneuver to find another $8.8 billion for schools.

School children line up to board a school bus at Treeview Elementary School in Hayward, Calif., on Feb. 16, 2024.

In 1975, Jerry Brown’s first year as governor, Republicans blocked passage of his budget, demanding more equalization money because schools in GOP-leaning suburbs, lacking big commercial or industrial properties, were often on the short end of the disparity., imposing tight limits on property taxes. The state responded with a bailout to prop up schools and local governments as property tax revenues plummeted.

This year’s version is another rob-Peter-to-pay-Paul maneuver that would remove $8.8 billion in overpayments of state aid from previous years from the budget and treat it, in effect, as a off-the-books loan to be written off over five years. Concurrently the state would tap a special education reserve fund for $8.

Source: Education Headlines (educationheadlines.net)

 

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