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Prop 15: Voting for Schools and Communities

October 9, 2020 @ 7:00 pm

Supporters of Proposition 15, a ballot initiative that would modify Proposition 13 property tax laws, will discuss how the measure would benefit schools and communities during an online Community Forum on Friday, Oct. 9 at 7 p.m.

Presenting their views will be Colleen Briner-Schmidt, President of the Unified Association of Conejo Teachers, Gloria Soto, a Santa Maria City Council member, and Michael Teasdale, a Trustee on the Ventura County Board of Education.

The speakers will lay out in depth the effects of Prop 15, which would increase funding sources for public schools, community colleges and local governments by requiring commercial and industrial property worth more than $3 million to be taxed based on current market value instead of purchase price. Among items to be covered are how the measure would affect owners of commercial property, estimates of the revenue that could accrue and how the funds would be allocated to schools and local governments. Panel members will take questions from the audience.

Proposition 13, passed in 1978, limits assessed value increases for all real property in California to a maximum of 2 percent a year and limits the property tax to 1 percent of assessed value. Proposition 15 would tax commercial and industrial properties valued at more than $3 million at market rates. Proponents say in the voter information guide that the residential share of property taxes in California has gone up over the years from 55 percent to 72 percent while the commercial share has fallen. They maintain that the Nov. 3 ballot measure would restore balance.

The online discussion is presented by Chalice Community Forum, a program offered to the public by Chalice Unitarian Fellowship of the Conejo Valley. Attendees are requested to register for a Zoom link to the forum visiting forum.chaliceuu.org. For information, visit the website or contact Randall Edwards through the church office at (805) 498-9548.

Details

Date:
October 9, 2020
Time:
7:00 pm
Website:
forum.chaliceuu.org.