California Business Roundtable

November 11, 2020

Defeat of Prop. 15 to raise commercial property taxes denies schools more revenue

The first major challenge to Prop. 13’s limit on property taxes would have provided an estimated $2.5 billion to $4.5 billion annually for K-12 schools and community colleges.

November 3, 2020

California’s Proposition 15, to raise commercial property taxes, in tight race

The first effort in 42 years to change Prop. 13 would provide $2.6 billion to $4.6 billion for K-12 schools and community colleges.

October 9, 2020

Business donors have met their match in battle over Proposition 15’s split-roll tax

The Chan Zuckerberg Initiative, funded by Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, is one of the biggest donors to Yes on Prop. 15.

John Fensterwald And Daniel J. Willis

School Finance

September 30, 2020

Quick Guide: Proposition 15, the proposed ‘split-roll’ tax on commercial property, defeated

Big corporate property owners would pay the bulk of new taxes; opponents claim costs would be borne by small business renters.

June 11, 2019

Statewide messages in aftermath of LA parcel tax’s defeat

The failure of Measure EE underscores how hard it is to capture a two-thirds majority needed for approval of a parcel tax and the challenges ahead to pass a 'split-roll' initiative to raise businesses' property taxes.

John Fensterwald