Is It Time to Revisit AB 8? –What It Takes to Realign Property Tax Revenues and Services

Passed in the early 1980s as a means to implement Proposition 13, AB 8 sets the basic parameters for both the allocation of the property dollar and the means by which that formula may be changed. Thirty years after AB 8, California has a local government funding problem.  The discussion will focus on whether it makes public policy sense to re-visit who gets a portion of property taxes and/or the means by which the formula is set.
Speakers:   Carolyn Chu, Sr. Fiscal and Policy Analyst for the Legislative Analyst’s Office; Michael Latner, Assoc. Professor of Political Science/Director Masters in Public Policy. Moderator: Allen Settle, Commissioner, San Luis Obispo LAFCo