even more development wont help since the % of tax revenue going to the town was fixed so low 40 yrs ago http://www.moraga.ca.us/news-1/more-on-why-moraga-receives-so-little-from-property-tax …
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1988's Prop 98 requires 40% of CA's budget to be spent on education. Maybe that's a problem.
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2 sides to this story of course but unfortunate reality is Moraga gets the smallest % of property taxes in County. 5% vs 10-20% for others
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That was also probably a byproduct of Prop 13 http://www.lao.ca.gov/LAOEconTax/Article/Detail/166 …
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Oldest boomers were just turning 33 in June 1978, and Prop.13 support skewed older. So you need to blame silents/greatests.
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crazy thing is that it was Jerry Brown who did this on his first go round as Gov
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I considered Moraga as an example in my housing supply law story. Very hostile to growth and the law.
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the boomers ruined everything
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Another way to look at it.. Government growth has exceeded cpi. Excessive government pensions are cutting into services. Tax revenue lags.
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