WHEREAS, K-12 public education receives the majority of its funding through a direct appropriation from the state legislature in the form of the State School Fund, generally comprising over 40% of the total state general fund; and
WHEREAS, the state relies on personal income taxes for almost 90% of all state revenues, making public services, including public education, highly sensitive to any changes in personal income tax collections; and
WHEREAS, Ballot Measure 59 proposes to increase the amount of federal income taxes paid that can be deducted from an individual taxpayer’s Oregon taxable income from a limit of about $5,500 to the entire amount of federal taxes paid; and
WHEREAS, the changes proposed in Ballot Measure 59 are estimated by the Legislative Revenue Office to result in a $1.244 billion loss of state revenue in the 2009-11 biennium and a $2.268 billion reduction in the 2011-13 biennium; and
WHEREAS, such a dramatic reduction and instability in state revenues would likely result in a direct reduction in revenues for public education.
NOW, THEREFORE, BE IT RESOLVED that the [SCHOOL DISTRICT] Board of Directors strongly opposes the passage of
Ballot Measure 59 and its efforts to destabilize and dramatically reduce revenues available for public services; and
Adopted this ___________ day of _________________, 200_