Under the proposition that passed by a 53.9 percent to 46.1 percent margin, California income taxes will climb 3 percent on households earning more than $1 million; by 2 percent on households earning $600,000 to $1 million; and by 1 percent on households earning $500,000 to $600,000. All those increases expire after seven years.
The initiative increases the state’s sales tax by a quarter-cent per dollar spent for four years.
Although Prop. 30’s passage does not mean Tracy Unified will receive additional funding from the state, it does mean the district’s budget will not suffer additional cuts, according to Assistant Superintendent for Business Services Casey Goodall.
And that, Goodall told Tracy Unified trustees, should allow the school to stabilize a budget that has been severely cut the past several years.
“I’m confident we will meet the current obligations and two subsequent years,” Goodall said.
However, Goodall said he must conduct a formal analysis of the current budget and two future budgets to be sure — the school district is required by law to forecast its income and spending three years into the future. He plans to present his findings to the board on Dec. 11.
Members of the Tracy Educators Association cheered the proposition, and before Election Day urged voters to pass it.
“For me, the key words are stability for the next year or two,” said John Anderson, the president of the association, in a Nov. 13 phone interview. “The real fight is to protect public education from deeper cuts than it’s been through over the last five years. Important to remind the public this is a good cause.”
• Contact Denise Ellen Rizzo at 830-4225 or email@example.com.
At a glance
WHAT: Tracy Unified School District School Board
WHEN: 7 p.m. Nov. 13
WHERE: District Education Center Board Room, 1875 W. Lowell Ave.
DETAILS: President Jill Costa, and board members Gregg Crandall, Walter Gouveia, Ted Guzman, Greg Silva, Bill Swenson, and James Vaughn were present.