Government
Feb. 17, 2010
L.A. School Wins On Property Tax Funds
A Court of Appeal ruling that the Los Angeles Unified School District is entitled to $2.5 billion over the next 30 years could mean a windfall for other schools, too.
Daily Journal Staff Writer
LOS ANGELES - In a ruling that could funnel billions of dollars to school districts across California, an appellate panel found that Los Angeles Unified School District is entitled to receive an estimated $2.5 billion over the next 30 years because Los Angeles County miscalculated how much revenue from property taxes local redevelopment agencies must give back to schools.
The case is h...
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