History of IDEA
Jeannie Oakes, Founder and Former Director
Youth Voice in School Finance
NEW REPORT: Los Angeles' road to A-G for all
Without Dollars and Sense Powerpoint
Past Educational Opportunity Reports
L.A. Unified expected to reap 'multimillions' in lawsuit win over property taxes
- 05-03-2010
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By Howard Blume/Los Angeles Times
A long-running legal battle over local property taxes has ended in a court decision that will mean a multimillion dollar windfall for the Los Angeles Unified School District. But estimates of the amount vary dramatically — from about $20 million in the near term to $1.14 billion in years to come. “It’s very significant,” said John Walsh, assistant general counsel for L.A. Unified. “It’s a source of revenue and we can use it for schools.” He estimated a gain of $600 million to $1.14 billion over the next 40 years and “multimillions” in reimbursements going back to about 1994. An opposing attorney with Los Angeles County declined to estimate future revenues, but said reimbursements to the district should go back just three years. (more...)
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