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School funding, the Superintendent Discusses Mountain View Whisman School District's Finances

By
Real Estate Agent with Coldwell Banker - Downtown Los Altos Office

The Mountain View Whisman School district receives the core of its financing based on the average daily attendance of it's students.  In short, it is a Revenue Limit funded district. 

Revenue limit income is a combination of local property taxes and state money.  As property taxes increase, they are offset by a reduction in state money.  A district that relies solely on local taxes becomes a basic aid funded school district (ie. Palo Alto Unified).  For further information, read the Guide to California's School Finance System and/or California's school finance system.

In the video below, Dr. Maurice Ghysels, the Superintendent of the Mountain View Whisman School District, discusses the district's finances, parcel taxes and foundation monies.