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      Paid for by Educate Our State Initiative  · Initiative@EducateOurState.org · 6114 La Salle Ave, #441, Oakland , CA 94611, United States

      San Luis Obispo

      In San Luis Obispo County, a total of $48,266,301 was taken out of school-allocated property taxes to pay State obligations in 2010-2011.  $38,802,378  was redirected to satisfy the State's VLF backfill obligation.  $9,463,923 was redirected to pay for the State's 2004 Economic Recovery Bonds.  In 2011-12, the total was $48,292,404, consisting of $38,044,695 and $10,247,707, respectively.

       

      Source:  State Controller's Office, Local Government Reporting Section.  (City and county detail shown in the reports, totals upon request from the SCO.)

       

       

       

       

      San Luis Obispo is one of the few counties that correctly shows property taxes going to education on the Auditor-Controller's published information (his annual Property Tax Perspectives).  In 2013-14, he shows over $50 million (12.6% of all county property taxes, which is over 20% of San Luis Obispo County's education property taxes) is being redirected to satisfy the state's obligations. 

       

      As a relatively low-population, high-property-wealth county, SLO is fortunate that only around a quarter of this diversion will remain unpaid to its schools at the end of this school year (June 2014).  $7,425,309 will remain unpaid to its K-12 districts, and over $4 million to its Community College District, according to the First Principal Apportionment.  (Lucia Mar Unified, which will wait for $2,556,857 after the end of the school year, and Atascadero Unified, $1,187,525, may not be completely cheerful, however this is a relief for them after years of deferrals, especially two summers ago when the school year ended with a total of $5,056,638 owing Lucia Mar and $3,700,039 owing Atascadero [and over $3 million owed to Paso Robles Joint Unified].)  The Second Principal Apportionment (announced later in the school year) may include up to 50% more in deferred payments, based on laws already in the statute books.