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RE: Question 1: Funding Model
- Archived: Tue, 11 Jun 10:17
- Date: Tue, 11 Jun 2002 10:02:39 -0700 (PDT)
- Author: "Hall, Ken" <kenh@sscal.com>
- Subject: RE: Question 1: Funding Model
- Topic: Facilities & Finance
Your concerns regarding the differential in yield between a Beverly Hills and Watts is well taken. Indeed the California Supreme Court weighed in on this issue and, in the case of Serrano vs Priest, concluded that it is unconstitutional to design a system of school finance where the yield creates significantly different returns for the same level of effort.
Our plan envisions a wealth equalization committment from the state where the state taxpayer provides sufficient dollars to equalize the return...even between a Compton USD and a Beverly Hills USD.
The potential high cost for wealth equalization, has a controlling effect on the options that the state can use as local option taxes.
Ken Hall
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