Glock: Serrano v. Priest Destroyed Local California Incentives to Build Housing
Judge Glock · Free Housing Won't Solve the Homeless Crisis. Here's What Will. · Joe Lonsdale · Mar 24, 2022 · at 6:04
Judge Glock explains how statewide school funding equalization severed the direct tax benefit localities previously received from permitting housing development.
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“Serrano v. Priest upset the entire the sort of shape of local funding in California. If you were building new sort of housing and developments in your area, or if merely you were increasing the property tax funding in your local schools, you got the benefit. Either you could cut your local property taxes, or you could get better funding for your schools. And now with Serrano v. Priest that said, well, you guys have extra funding, great, we'll ship that outside in some other district, And you guys don't get any benefit from building. You guys don't any get any benefit from your local school funding. You don't, you're totally disassociated from your local.”
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