Attorney General No.


Secretary of State No.



EDUCATION. PUBLIC SCHOOL FUNDING INCREASE TO AT LEAST NATIONAL AVERAGE. ADDITIONAL COLLEGE, UNIVERSITY FUNDING. TAXES. INITIATIVE CONSTITUTIONAL AMENDMENT. Increases funding for public schools to at least the national average for per pupil expenditures, phased in over five years, adjusted for inflation. New funds to be used for specified uses including class size reduction, core curriculum standards, textbooks, teacher salary and training, fiscal accountability. Provides $600 million annual additional funding for state universities and colleges, phased in over five years, adjusted for inflation and enrollment. Requires Legislature to pass necessary taxes by majority vote. Prohibits additional property taxes for this purpose. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: This measure would result in tax increases reaching between approximately $4 billion and $4.8 billion annually by 2005-06. Of this approximate amount, between $3.3 billion and $4.1 billion would go to the public schools, with the remainder going to the state's public college and university systems.


Wayne Johnson Barbara E. Kerr David A. Sanchez C/O Robin B. Johansen And Joseph Remcho Remcho, Johansen & Purcell, 220 Montgomery Street, Suite 800, San Francisco, Ca 94104



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