Bonds & Parcel Taxes 101
There are a number of ways school districts in California can generate additional sources of revenue beyond what they receive from the state and federal governments.
California is the only state in the country that has revenue measures known as parcel taxes that allow districts to collect additional funding through their communities agreeing to tax themselves through parcel taxes.
What is a Parcel Tax?
Parcel taxes are a flat fee on each parcel of property, regardless of the size or value. Parcel taxes must be approved by a two-thirds majority vote.
Check out this video to learn more about parcel taxes.
Oakland currently has two parcel taxes, one of which Measure N, funds college and career pathways for all public high schools in the city.
What is a Bond?
A bond also known as a general obligation bond, allows school districts like Oakland to borrow funds to pay for the construction of new facilities or other infrastructure improvements. Bonds require a 55 percent vote from voters.
What is a Measure?
A measure is a piece of legislation or law that is approved or rejected by voters, like you. Read more information on how measures are placed on ballots in Oakland.