Tax Proposal Creates a Gap
Wednesday, March 30, 2011
As recent our recent emails have noted, the new income tax proposal is the wrong solution to help Eugene schools and it’s structure allows the tax to be altered in the future with a vote from the city council. As the Register Guard pointed out by it’s headline in Tuesday’s paper, “If tax passes, schools still face gap”.
This “gap” in budget is created because the schools’ budget is taking in expenses on the assertion this income tax will pass. However the revenue from the tax will not be collected until 2012 leaving the school districts with the issue of paying for their expenses that exceed their current means.