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Property tax revenue likely to stay weak

Apr. 30, 2009
The steep drop in California home values will lower property tax revenue for years, undermining education and other critical public services, according to speakers at a roundtable discussion on Thursday. The chief culprit is Proposition 13, the 1978 voter...
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler