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Mayor Dyer s Airbnb breakthrough could mean $2M in new taxes

Newsom s proposed budget could stave off cuts for some school districts

Gov. Gavin Newsom outlines his 2021-2022 state budget proposal during a news conference on Jan. 8, 2021. Credit: AP Photo/Rich Pedroncelli, Pool Gov. Gavin Newsom outlines his 2021-2022 state budget proposal during a news conference on Jan. 8, 2021. February 18, 2021 Gov. Gavin Newsom’s proposed cost-of-living adjustment for school districts part of his $89.2 billion 2021-2022 education budget pending before the Legislature could turn the tide for some cash-strapped districts that were bracing for budget cuts. In 2020, when California’s Department of Finance anticipated a major tax revenue shortfall due to the pandemic, county superintendents delivered stern warnings to school districts: plan for zero cost-of-living adjustments for the foreseeable future. That would have left school districts to grapple with the added costs of distance learning but with less revenue from the state.

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