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by Alex888 2746 days ago
Aren't roads funded from gas tax?

And schools are almost entirely paid by the local property taxes, at least in the communities where most of Apple employees will live.

3 comments

Texas has a"Robin hood" school finance system, where districts with high property values are subject to recapture, where they send a large percentage of the property taxes collected to the state to be used for districts in less wealthy areas. If memory serves, Austin ISD sends almost half of its billion dollar budget back to the state.
$670 million this year. Due to our our exploding home values and decling enrollment.
> Aren't roads funded from gas tax?

No. Not much at all. Highways, once upon a time, mostly. Local roads not really ever. https://frontiergroup.org/reports/fg/do-roads-pay-themselves

How roads are funded depends on the State and locale. In some States, all highways are funded solely by use (gas and car) taxes as a constitutional requirement. Local roads, on the other hand, are funded almost arbitrarily -- it does include a gas tax in many places but in many places it does not.