From the Los Angeles Times:

 

The Los Angeles Board of Education has voted unanimously to place a parcel tax on the June 4 ballot in hopes of capitalizing on a recent teachers’ strike that attracted broad support for local schools.

If approved, the tax is projected to raise about $500 million a year, enough to close all or most of the gap between what the district is spending and the revenue it receives from state and federal sources.

By the way, this is a good opportunity for Eli Broad, Reed Hastings, and Richard Riordan, among others, to show how much they care about the kids. Support higher taxes.