Petition Template 10/07
GOVERNOR NEWSOM – MAKE FUNDING OUR SCHOOLS A TOP PRIORITY.
FUND OUR SCHOOLS. CLOSE THE COMMERCIAL PROPERTY TAX LOOPHOLE.
AFTER DECADES OF BUDGET SHORTFALLS, CALIFORNIA SCHOOLS ARE IN CRISIS:
California has the largest K-12 class sizes in the nation.
California schools have 1 million more students than Texas, but 42,000 fewer teachers.
California students receive only half as much in school funding as New York.
With your leadership, we can close the commercial property tax loophole and restore billions in lost revenue for education and community services. Our schools need more funding to pay our teachers a livable wage, reduce class sizes, and give students the education they deserve.
CLOSING THE COMMERCIAL PROPERTY TAX LOOPHOLE WILL:
Reclaim $11 billion a year for our schools and local communities without raising taxes on homeowners, renters or small business owners.
Generate over $800 for every K-12 student in California.
Make large corporations pay property taxes at fair market value like they do everywhere else in the country.
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