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Board warned state property‑tax relief shifted education funding toward state
Summary
Presenter Paul Lundberg told the board recent property‑tax relief legislation has shifted a larger share of education funding to the state, a change he said merits close monitoring because it could expose education funding to future state cuts.
Paul Lundberg told the board that a recent property‑tax relief bill "really shifted a lot of the burden funding in funding education to the state," and cautioned trustees to "watch with very hawkish eyes" how reliance on state funding evolves. He said local sources now make up a smaller share of general‑fund revenue and that the district should monitor the longer‑term risk of funding volatility.
A board member asked whether staff could quantify the impact of the property‑tax cap. Lundberg said a later chart in the presentation would show the change "more directly" and deferred a detailed numeric breakdown to that slide, noting general‑fund state share rose in the current year.
