|
Yes on Prop. 30
|
No on Prop. 38
|
|
|
Impact on CSU
|
CSU avoids a $250 million trigger
cut.
Students receive $498 tuition refund. Provides revenue for future faculty bargaining. |
Does nothing for the CSU system,
students, and faculty.
|
|
Helps Balance
State Budget
|
Expected to generate over $7 billion
annually and will balance the state
budget by paying back debt to
education.
|
Expected to contribute $1.5 billion
in 2012-13 and $3 billion thereafter
to pay back state general obligation
bond debt for only four years.
|
|
Prop. 98 Impact
|
All funding will go through the
state’s general fund and helps repay
the money owed to public education.
|
These funds cannot be used to
support the Prop. 98 guarantee and
do not help pay back what is owed
to public education. Creates
another state special fund.
|
|
Who’s Taxed? |
Families with incomes over $500,000 and 0.25% increase in sales tax rate. The income tax increase focuses on high earners. |
Income taxes are raised on all
income levels for almost all
Californians. It will be a significant
hit to the middle class.
|
|
Attractive to
Broad Coalition
|
Education, labor and business support Prop 30 as it helps balance the state budget by paying down the wall of debt and providing funding for public education. |
Due to a narrow focus on K-12 and
early childhood education, higher
education and other essential
services are left out.
|
|
How Much
$/Year
|
$8 to $10 billion annually.
|
$8 to 10 billion annually.
|
|
Funds Education
and Other
Services
|
Frees up general fund money to pay
for higher education and other
public services.
|
Funds go to early childhood and K-
12 education BUT can’t be used to
fund existing teachers, education
support professionals and other
school staff. NO support for higher
education and other essential
services.
|
|
What if both pass
in November?
|
The initiative with the most votes prevails, if both exceed 50% of the “yes”
votes.
|
|
The California Faculty Association strongly supports Proposition 30.
1 comment:
Decisions you make on Nov 6 determine California’s course for years. We are kidding ourselves by believing that education funding shortfalls disappear with Prop 30, Prop 38.
Prop 30, Prop 38 levy significant taxes on each one of us. The wounds that Prop 30, 38 are to heal have been self inflicted largely by our elected Sacramento politicians who simply do not say no to any influential interest group be they, University of California (29% increase in salaries last 6 years), public employees, business, teachers, or other unions or lobbyists.
And now Prop 30, 38 are used by Sacramento politicians and lobbyists to blackmail us.
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