Proposition 15 is an important measure that will be presented to voters on the ballot this November. Currently, there is a lot of false information and fear-tactic campaigning against the proposition on social media platforms such as Facebook. I would like to see The Independent run a story on this measure that provides accurate information for resident voters of our area.
Proposition 15, “Schools and Communities First,” would “Increase funding for public schools, community colleges, and local government services by changing tax assessment of commercial and industrial property.” It is estimated that this measure would increase California’s revenue by $7.5 billion to $12 billion, depending on the year. This money would be given back directly to our communities in the places we need it most; for example, public education, that has been extremely defunded over the past decade.
What an amazing win this would be for California in such an unprecedented time.
Much of what I have seen and heard amongst our community, and communities in California at large, is that this bill is something to vote against because people fear that the amendment would alter residential property tax costs, which is absolutely not true. The measure itself directly states under Section 3, that the purpose and intent is to “a) Preserve in every way Proposition 13’s protections for homeowners and residential rental properties. This measure only affects the assessment of taxable commercial and industrial property.”
I highlight this quote because I want the facts to speak for themselves. Proposition 15 will not affect residential properties.
The measure also protects agricultural properties and small businesses defined as owners of commercial and industrial properties with combined value of $3 million or less. This measure is specifically trying to fix the error made when Proposition 13 was initially signed into action that allowed huge businesses and landowners in California, such as PG&E, to hold the same property tax exemptions as residential homeowners.
I urge members of the community to do their due diligence in researching the proposition itself, as this is the only way to ensure they are not manipulated by false information.
I urge The Independent to amplify the conversation by countering false claims and sharing factual information about this proposal, so that our community is able to make an informed decision come November.