In Glenn County, a total of $4,969,567 was taken out of school-allocated property taxes to pay State obligations in 2010-2011. $4,325,025 was redirected to satisfy the State's VLF backfill obligation. $644,542 was redirected to pay for the State's 2004 Economic Recovery Bonds.
Source: State Controller's Office, Local Government Reporting Section. (City and county detail shown in the reports, totals upon request from the SCO.)
Glenn County schools did not receive $5,395,896 of their state funding until after the 2010-11 school year was over. The delayed payments grew to $6,965,608 for the 2011-12 school year, before declining (thanks to Prop 30) to $4,780,467 this past summer. Fortunately, of the money taken from all local school-allotted property tax, only a few hundred dollars was taken from the K-12 schools’ base property tax allocation, after all the county’s Educational Revenue Augmentation Fund had been emptied.
Sources: For deferrals, see the Funding Excel Files - Second Principal Apportionment from the California Dept. of Education; for “negative ERAF” -- monies taken from primary apportionments, Ed-data.k12.ca.us from the California Dept. of Education.
Almost $5 million will be taken out of Glenn schools' local property taxes to fund the state's debts this fiscal year. Glenn County K-12 school districts will see a minimum of $3,172,058 still owed to them when the school year ends (June 2014), including over $1 million to Orland Joint Unified alone. In the most recent available data (fiscal year 2011-12), $4,969,488 was taken out of Glenn school-allocated property tax, $4,265,221 for the VLF "Swap" and $704,267 to pay for the 2004 Economic Recovery Bonds.
Can Glenn schoolchildren afford to finance the state's debts? According to the new Local Control Funding Formula, Glenn County needs 58.2% more funding to adequately educate its student population this year than it's getting this school year.
Sources: State Controller's Office, Local Government Reporting Section. (City and county detail shown in the reports, totals upon request from the SCO.) California Department of Education, First Principal Apportionment.
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