In Trinity County, a total of $1,902,111 was taken out of school-allocated property taxes to pay State obligations in 2010-2011. $1,708,163 was redirected to satisfy the State's VLF backfill obligation. $193,948 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.)
Over $2 million will be taken out of Trinity County school districts' local property taxes to fund the state's debts this fiscal year. Trinity County K-12 school districts will see a minimum of $903,246 still owed to them when the school year ends (June 2014). In the most recent available data (2011-12), $2,015,174 was taken out of Trinity's school-allocated property tax, $1,745,289 for the VLF "Swap" and $269,885 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.