Adopted by WASA Board 1216 Revenue enhancements can be a doubleedged sword For example increasing the State Property Tax negatively impacted the ability of school districts to pass levies andor b ID: 854835
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1 Washington’s current budget structu
Washington’s current budget structure cannot accommodate required funding for K12 and maintain other essential services, many of which have direct impacts on K12During shortfalls, reductions are a limited option; approximately 70% of the budget is “offlimits”Restructuring our tax system and/or i
2 ncreasing revenue is the only viable way
ncreasing revenue is the only viable way to fully fund education with stable, reliable, and dependable fundingAND prevent drastic reductions of areas of the budget that have direct impacts on K12 Adopted by WASA Board, 12/16 Revenue enhancements can be a doubleedged sword. For example, increasing the State Pro
3 perty Tax negatively impacted the abilit
perty Tax negatively impacted the ability of school districts to pass levies and/or bond issuesMost districts continue to rely on local revenues (voterapproved property tax increases) to “backfill” underfunding of education programsLocal tax priority: Simple Majority approval of school district bonds