Funding the Next Generation Los Angeles June 25, 2018 Revenue Options
How much do you need? How much can you expect to raise? What are your unmet needs? How much money can different revenue streams produce? Can you ramp up over time? Will it ever be enough?
Legislative Solution versus Ballot Legislative Solutions: Your City Council or Board of Supervisors can always add funding for children services to any budget. Hard to get large amounts Can be changed at any time. Ballot Solutions: Taxes Set-asides Permanent or sunset-–but longer than a budget cycle Can be established for a particular purpose which cannot be changed
Set-Aside vs. New Revenue “Set-aside” existing funds in the budget (San Francisco) Are you a charter city or county (versus General Law)? Popular with voters-no new taxes Unpopular with City/County officials, labor, etc. Taking money from other priority programs? New Revenue Add new money--Expand the “pie” Less popular with voters Relatively better for elected, labor, etc.
New Revenue-- Election Rules General Tax 50% of vote Cannot be dedicated to a specific purpose Only at an election with local elected officials, unless emergency Special Tax 2/3rds Vote Dedicated Any election Put on ballot by Board/Council or voter intitiative Upland Decision Tax by government or by the people—overrides other rules Advisory Measures