RESOLUTION NO. _____________

BOARD OF SUPERVISORS, COUNTY OF SAN MATEO, STATE OF CALIFORNIA

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RESOLUTION IN OPPOSITION TO PROPOSITION 88, EDUCATION FUNDING; REAL PROPERTY PARCEL TAX; INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE

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RESOLVED, by the Board of Supervisors of the County of San Mateo, State of California, that

WHEREAS, Proposition 88 would impose California’s first statewide parcel tax of $50; and

WHEREAS, State government does not currently impose a parcel tax or a property tax; and

WHEREAS, San Mateo County would generate approximately $10.75 million per year from the $50 parcel tax on the estimated 215,000 taxable parcels in San Mateo County; and

WHEREAS, the amount of funding San Mateo County’s schools would receive is unknown; and

WHEREAS, Proposition 88 does not provide allocation formulas for the largest portions of funding; and

WHEREAS, San Mateo County parcel taxpayers could generate more funding than the county receives through Proposition 88;

NOW, THEREFORE, IT IS HEREBY DETERMINED AND ORDERED that the Board of Supervisors by adoption of this resolution does hereby oppose Proposition 88 regarding a statewide parcel tax.

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