12/28/2024

School Districts Spend Bond Money on Staff Salaries and Benefits

In the keynote speech at the California Taxpayers Association’s 91st Annual Meeting, State Controller Betty Yee thanked CalTax for its research and educational efforts, and said the association’s work “very much informs the work that all of us do as policymakers.”

Discussing her proposal for “comprehensive tax reform,” the controller said her office will host a series of meetings in several regions of the state to collect input from business representatives, proponents of economic development and others. Participants at these private meetings will delve into revenue issues, but will not consider the spending side of the ledger, she said.

Lake Tahoe

The state’s current tax structure, Controller Yee said, “is not sustainable” and has become inefficient over the years.

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