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Board approves CPI index update for Measure M and allocation plan for 2025–26
Summary
Trustees approved using the Los Angeles–Long Beach–Anaheim CPI to compute the parcel tax adjustment and adopted a revised allocation plan that shifts some program funding between Measure M, lottery and the general fund; the CPI change would set the 2025–26 parcel assessment at about $548.36 per parcel.
The Palos Verdes Peninsula Unified Board of Education voted May 28 to accept the Citizens Oversight Committee's recommendation to change the index used for annual adjustments to the parcel tax (Measure M). Staff and the oversight committee recommended replacing the discontinued CPI-U (California) series with the Los Angeles–Long Beach–Anaheim CPI for calculation of the parcel-tax Consumer Price Index (CPI) adjustment.
Staff noted the U.S. Bureau of Labor Statistics (BLS) no longer publishes the California all-urban CPI series used previously; the oversight committee reviewed options and recommended the Los Angeles‑area index. Using the February 2025 CPI of 3.1 percent, staff reported the change would produce a 2025–26 assessment of about $548.36 per parcel.
The board also approved a revised Measure M allocation plan for 2025–26 (Exhibit A). Staff explained one change is moving support costs for site-based tech aids from the general fund to Measure M in order to provide one-time relief to the general fund for the coming year, while using restricted lottery funds to continue advanced-program supports. Board members asked how the district measures class-size and teacher-retention impacts of parcel-tax spending; staff replied that collective-bargaining agreements and internal reviews inform those metrics.
Board members expressed concern about prior one-year relief provided to landslide-affected parcels; staff confirmed that prior relief was one year only and that the district can review relief again in later budget cycles. The motion to adopt the oversight committee's recommendation and the allocation plan passed by roll call vote, 5–0.
