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15%  
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Keyword: shiftproposed

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  • CA: Property tax shift proposed (Budget Preview)

    01/09/2004 10:36:19 AM PST · by NormsRevenge · 23 replies · 404+ views
    Sac Bee ^ | 1/9/04 | John Hill
    <p>The budget proposed by Gov. Arnold Schwarzenegger today will take $1.3 billion of property tax from local governments to offset the state's obligation to pay for schools, sources said Thursday.</p> <p>The proposal would closely resemble the property tax shift that occurred in the early 1990s and has been a sore point in the state's relationship with local governments ever since.</p>