Over $2.2 million will be taken out of Mariposa schools' local property taxes to fund the state's debts this fiscal year. Mariposa County K-12 school districts will see a minimum of $383,189 still owed to them when the school year ends (June 2014). In the most recent available data (2011-12), $2,205,654 was taken out of Mariposa school-allocated property tax, $1,805,920 for the VLF "Swap" and $399,734 to pay for the 2004 Economic Recovery Bonds.
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.
In Mariposa County, a total of $2,236,808 was taken out of school-allocated property taxes to pay State obligations in 2010-2011. $1,823,390 was redirected to satisfy the State's VLF backfill obligation. $413,418 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.)