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Description
Proposition 8 proposed to allow localities to distributed local tax revenues among themselves. This seems to have been prompted by the development of shopping centers at the time which redistributed local tax receipts. "Provides that total ad valorem tax burden on all property limited after July 1, 1969, to 1 percent of market value for property related services (all costs except for education and welfare) plus 80 percent of base cost of people related services (costs for education and welfare); percentage of base cost for people related services reduced 20 percent annually and eliminated after July 1, 1973. Limitations may be exceeded to extent specified to pay existing and future bonded indebtedness."
Type
moving image
Format
Copy 16mm film
Extent
1 Reel of 1
Identifier
C134.3 car_000124
Subject
Proposition 8 Taxes Tax Reform Whitaker & Baxter
Provenance
California State Archives California Revealed is supported by the U.S. Institute of Museum and Library Services under the provisions of the Library Services and Technology Act, administered in California by the State Librarian.
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