The Schools and Local Public Safety Protection Act of 2012
Proposition 30 Background
Proposition 30 is Governor Jerry Brown’s initiative that would increase state revenues for K-12 schools and community colleges. If passed by the voters this November, it would temporarily increase personal income tax rates for seven years on individuals who make more than $250,000, and sales and use taxes by ¼ cent for four years; raising between $6.8 billion and $9 billion in 2012-13 and $5.4 billion to $7.6 billion annually through 2018. The measure would also complete the realignment agreement reached by the Governor and local governments by guaranteeing funds for public safety services.
Proposition 30 Impact on the California State University (CSU)
If Proposition 30 fails, the immediate impact to the CSU would be an additional budget cut of $250 million at a minimum, as specified in the signed 2012-13 state budget. This additional cut equates to a total loss of state funding of nearly $1.2 billion or nearly 40 percent since 2007-08.
If Proposition 30 passes, the additional revenue for K-12 schools and community colleges would help the state meet its obligations to these entities, as well as help the state address its ongoing structural deficit. By addressing the state’s budget gap, it is possible the CSU budget would be less likely to be cut and provides an opportunity for the CSU budget to be increased in future years.
CSU Board of Trustees Endorsement
On July 17, the CSU Board of Trustees voted to endorse Proposition 30 due to its direct relationship to the system’s fiscal stability and funding levels in 2012-2013 and beyond.
Supporters of Proposition 30 have created a website, which can be found at: http://www.yesonprop30.com
Find out more at the following links: