Proposition 30, Education Protection Account Reports
Proposition 30, The Schools and Local Public Safety Protection Act of 2012, was approved by the voters on November 6, 2012, to temporarily increase the state sales tax rate for all taxpayers through 2016 and the personal income tax rates for upper-income taxpayers through 2018. The act provides a guaranteed benefit to all schools of no less than $200 per Average Daily Attendance (ADA). Revenues generated from Proposition 30 are deposited into their own state account called the Education Protection Account (EPA) with specific reporting requirements. EPA funds significantly reduce the state's total general fund obligation for K-12 education as these funds offset state aid for the vast majority of schools which are state-funded. Community-funded schools, which don't receive state aid, receive the minimum $200per ADA.