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Livermore
Valley Education Foundation |
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Donations
& Pledges Calendar
of Events |
In the late 1960s, Livermore schools unified. In 1972 school districts' revenue limits were established in California. These limits were based on the value of taxable property in the district. Federal property , such as LLNL, do not generate tax revenue. In general, agricultural property generates lower revenue than other types of property. In the late 1980s, the State of California gave financial incentives to districts that unified so as to save administrative overhead. Neighboring districts such as Pleasanton and Dublin took advantage of these incentives, resulting in significantly higher base revenue limits. These incentives were not available to Livermore since we had already unified. What does this mean for each student in Livermore schools? Less revenue. For Livermore schools, this means MILLIONS of dollars less per year to educate the same number of students. Here's a comparison: ................Base
Revenue...... API
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*
Donations received to save Livermore school programs. Some funds are
reserved, per the donor's request, for Elementary, Middle or High
School level programs.
Copyright
© LVEF 2004-2008
All Rights Reserved
Updated