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
New initiative: $10B for K-12, preschools
- 11-28-2011
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Blog by John Fensterwald/Educated Guess
An initiative that would raise $10 billion for K-12 education and preschools by raising the state income tax, primarily on the rich, will be submitted to the Attorney General’s office for review this week, the first step for placing it on the November 2012 ballot. The initiative would target low-income students, who’d get a larger piece of the funding. The Advancement Project, a national civil rights organization that’s been active in California, is sponsoring the initiative. Its primary creator and financier at this point is Molly Munger, a wealthy Los Angeles civil rights attorney who co-founded the Advancement Project. The daughter of Charles Munger, Warren Buffett’s investment partner and vice chairman of Berkshire Hathaway, she says she and others will put up the millions of dollars needed to qualify and promote it. The California State PTA has already endorsed it exclusively – ahead of other tax initiatives for schools that are being floated about. (more...)
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