School Board President Richard Barrera Calls For Emergency Amendments to
School Tax Sharing Agreement with CCDC
WHAT: Richard Barrera, President of the San Diego Unified School District
Board of Education will present a proposal to amend the school district tax
sharing agreement with the Center City Development Corporation (CCDC).
WHEN/WHERE: 11:30 a.m., Friday, Feb. 25, 2010, Perkins K-8 School, 1770 Main
St. (92113). The news conference will be held on the sidewalk at the school
entrance.
BACKGROUND: Board President Barrera will propose that the CCDC tax sharing
agreement be immediately amended by the City Council to provide emergency
funding that can be used to preserve educational programs for students in
CCDC project areas and throughout the district. Recognizing that the School
District faces a $120 million deficit that will force class sizes for
Kindergarten through 3rd grade to increase to 30 students per teacher and
will require the district to lay off hundreds of teachers, counselors and
nurses serving all students, they will propose that the tax sharing
agreement be amended to provide an advance of tax increment revenues to the
district in the 2011/12 fiscal year.
In the face of Governor Brown¹s proposal to eliminate redevelopment agencies
and redirect money to schools, the project list to be presented to the City
Council on Monday totally and unfairly ignores the needs of schools in San
Diego. Barrera will propose that CCDC advance anticipated tax revenues
from years 2017 to 2020 to provide the district with approximately $64
million in tax increment funds in 2011/12. The language of the agreement
would also be amended to clearly permit the district to use tax increment
funds for educational programs including the preservation of class sizes for
schools in the project area and throughout the district.
The San Diego Unified School District has had a tax sharing agreement with
the Centre City Development Corporation (CCDC) since 1992. The agreement
provides a percentage of tax increment revenues from CCDC project areas that
are shared with the school district to be used for school facilities and
other education programs. Currently, the agreement provides a 4% share of
tax increment revenues for the school district which generates approximately
$4.9 million annually. In 2013, the district share will increase to 13.6%
generating approximately $15 million annually escalating as the tax
increment increases over time in the project areas of CCDC.
CONTACT: Jack Brandais, Communications Department, San Diego Unified School
District, (619) 725-5570 (Desk), (619) 607-0477 (Cell)
Jack Brandais
Communications Department
San Diego Unified School District
(619) 725-5570 (Desk)
(619) 607-0477 (Cell)
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