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Full Circle Fund’s Rx for schools

  • 02-18-2010
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Blog by John Fensterwald/Educated Guess

Members of the Full Circle Fund, a Bay Area philanthropy made up of socially active leaders and entrepreneurs, has joined the call for giving school districts more autonomy and taxing authority. Granting local voters the power to pass a limited surcharge of the property tax rate is one policy recommendation of “EACH: A Vision for California’s Future.” The 11-page policy platform is the product of nine months of work by the 60-member Education Circle, one of four study groups within the Full Circle Fund. A property surcharge would directly challenge of the limits imposed by Proposition 13. It also could create equity problems – and likely lead to a lawsuit – since rich communities would more readily pass such a measure. So the Education Circle also urges establishing a state matching fund as an incentive for low-wealth communities to raise revenue. (more...)

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