First off, I want to say thanks to all of you that have signed the petitions to bring in more money to public schools(5% more) and our local communities(8% more). We have turned in the most signatures of any local in the county. The strength of our district has always been our certificated staff. Based on research, the #1 SCHOOL factor for student success is the quality of the educators. That accounts for 2/3 of a student’s success. I will be visiting your site you would like to sign.
Did you know…Disney pays on average 5 cents per square foot in property taxes for their properties? Want to know how much my wife and I pay? $3.45 per square foot. Divide your yearly property taxes by the square footage of your house to see how much you pay. And you know, when Disney purchased Marvel and Star Wars recently, any properties included were not reassessed at fair market value. Again, Disney purchased a company directly, not land. The land indirectly followed the sale of the companies. That’s the loophole fixed by this petition.
Most commercial property is already being taxed at fair market value. Nearly 80% of the new tax revenue will come from only 8% of commercial property. Do your students need a helping hand or does Disney and Chevron?
This petition does not raise residential property taxes, agricultural land, or apartment properties. Small business owners receive a tax break from this petition. This petition only affects large corporations.