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Your Taxes Raised $83 1 Billion for the State Last Fiscal Year; Schools Received $44 6 Billion

Schools across the Golden State received a windfall of $44.6 billion in local property tax revenue, according to the 2021-22 California Board of Equalization’s (BOE) Annual Report released late last month. The funds collected from property owners for the 2021-22 fiscal year, which ended last June, was an increase of 3.8% from the previous fiscal year. Overall, local property tax revenues increased 4% or $3.2 billion to $83.1 billion total. In addition to schools, the funds were funneled to the coffers of local governments throughout California. | McKenzie Jackson California Black Media Schools across the Golden State received a windfall of $44.6 billion in local property tax revenue, according to the 2021-22 California Board of Equalization’s (BOE) Annual Report released late last month. The funds collected from property owners for the 2021-22 fiscal year, which ended last June, was an increase of

Your Taxes Raised $83 1 Billion for the State Last Fiscal Year; Schools Received $44 6 Billion

By McKenzie Jackson | California Black Media - Schools across the Golden State received a windfall of $44.6 billion in local property tax revenue, according to the 2021-22 California Board of Equalization’s (BOE) Annual Report released late last month.

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