California Educator

December/January 2019

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EXCLUDED Schools and Communi es First exempts and maintains all protec ons for homeowners and renters, by making clear that under no circumstances will residen al property of any kind be affected. EXCLUDED SCF requires that that limited commercial uses of residen al property, such as home offices, home-based businesses or short-term rentals, shall be classified as residen al. Is this property used for agriculture? EXCLUDED SCF exempts land that is used for producing commercial agricultural commodi es. Is it used as an open public space? EXCLUDED SCF exempts spaces such as parks and historical sites. Is it undeveloped commercial-zoned? REASSESSED Currently, California's property tax system incen vizes owners to hold idle vacant and under-u lized commercial and industrial property. A reformed system, that assesses all proper es based on their fair market value, would create a new incen ve to build housing. Is this property with... A single-family home Apartment buildings of any size Mobile homes Vaca on homes Senior centers Assisted living facili es What about... Live/Work spaces Home offices Home-based businesses Yes Yes Yes No Does SCF Impact________________? EXCLUDED Schools and Communi es First exempts and maintains all protec ons for homeowners and renters, by making clear that under no circumstances will residen al property of any kind be affected. EXCLUDED SCF requires that that limited commercial uses of residen al property, such as home offices, home-based businesses or short-term rentals, shall be classified as residen al. Is this property used for agriculture? EXCLUDED SCF exempts land that is used for producing commercial agricultural commodi es. Is it used as an open public space? EXCLUDED SCF exempts spaces such as parks and historical sites. Is it undeveloped commercial-zoned? REASSESSED Currently, California's property tax system incen vizes owners to hold idle vacant and under-u lized commercial and industrial property. A reformed system, that assesses all proper es based on their fair market value, would create a new incen ve to build housing. Is this property with... A single-family home Apartment buildings of any size Mobile homes Vaca on homes Senior centers Assisted living facili es What about... Live/Work spaces Home offices Home-based businesses Yes Yes Yes No Does SCF Impact________________? It's Time to Put Schools and Communities First F I G H T F O R T A X F A I R N E S S ! The Schools and Communities First (SCF) initiative closes corporate property tax loopholes to reclaim $12 billion annually for our schools, community colleges and public services. California's school funding is dismally low because a handful of corporations and wealthy investors have avoided paying their fair share. This decision tree diagram shows how SCF would rectify this while protecting homeowners, renters, agricultural property owners and small business owners. F O R M O R E I N F O R M A T I O N and to help get SCF on the 2020 ballot, go to schoolsandcommunitiesfirst.org and cta.org/taxfairness. @Schools1stCA #SchoolsandCommunitiesFirst EXCLUDED Schools and Communi es First exempts and maintains all protec ons for homeowners and renters, by making clear that under no circumstances will residen al property of any kind be affected. EXCLUDED SCF requires that that limited commercial uses of residen al property, such as home offices, home-based businesses or short-term rentals, shall be classified as residen al. Is this property used for agriculture? EXCLUDED SCF exempts land that is used for producing commercial agricultural commodi es. Is it used as an open public space? EXCLUDED SCF exempts spaces such as parks and historical sites. Is it undeveloped commercial-zoned? REASSESSED Currently, California's property tax system incen vizes owners to hold idle vacant and under-u lized commercial and industrial property. A reformed system, that assesses all proper es based on their fair market value, would create a new incen ve to build housing. Is this property with... A single-family home Apartment buildings of any size Mobile homes Vaca on homes Senior centers Assisted living facili es What about... Live/Work spaces Home offices Home-based businesses Yes Yes Yes No Does SCF Impact________________? Schools and Communities First exempts and maintains all protections for homeowners and renters, by making clear that under no circumstances will residential property of any kind be affected. SCF requires that limited commercial uses of residential property, such as home offices, home-based businesses or short-term rentals, shall be classified as residential. SCF exempts land that is used for producing commercial agricultural commodities. Currently, California's property tax system incentivizes owners to hold idle vacant and underutilized commercial and industrial property. A reformed system that assesses all properties based on their fair market value would create a new incentive to build housing. SCF exempts spaces such as parks and historical sites. Is it used as an open public space? Is it undeveloped commercial- zoned? 38 cta.org Advocacy

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