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Your Taxes Raised $83.1 Billion for the State Last Fiscal Year; Schools Received $44.6 Billion

Schools across the Golden State received a windfall of $44.6 billion in local property tax revenue, according to the 2021-22 California Board of Equalization’s (BOE) Annual Report released late last month. The funds collected from property owners for the 2021-22 fiscal year, which ended last June, was an increase of 3.8% from the previous fiscal year. Overall, local property tax revenues increased 4% or $3.2 billion to $83.1 billion total. In addition to schools, the funds were funneled to the...
United States State Of California Los Angeles County Mckenzie Jackson Antonio Vazquez Sallyj Lieber

Your Taxes Raised $83.1 Billion for the State Last Fiscal Year; Schools Received $44.6 Billion

By McKenzie Jackson | California Black Media - Schools across the Golden State received a windfall of $44.6 billion in local property tax revenue, according to the 2021-22 California Board of Equalization’s (BOE) Annual Report released late last month.
State Of California United States Los Angeles County Yvettem Stowers Maliam Cohen Mike Schaefer

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