"Given the state's current imbalance in school funding between districts, East Side students are not funded at the same rate as their peers in other districts in the county," East Side Union High School District spokesperson Sergio Diaz Luna told San José Spotlight. "Our district is seeking additional sources of funding to ensure our students have the same tools and resources as students in four districts less than 30 minutes away."
The financially beleaguered school district is facing an estimated $71 million deficit by the 2026-27 academic year, according to the district's forecast. This is largely due to a loss in state funding based on student attendance and one-time funds.
If approved by voters, Measure N will generate $6.4 million annually for five years to help fund the financially-strapped school district. The $49 per parcel tax needs a two-thirds majority or about 66.6% approval to pass.
Since 2014, the school district has initiated four general obligation bonds, and one parcel tax in 2018. Three of the general obligation bonds passed. But the 2018 effort, which was $49 per parcel with a seven-year timeline, failed.
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