Special Election May 17, 2016 — Early balloting begins April 20
Proposition 123 is being heralded as Arizona’s education panacea, providing school funding without raising taxes. If you believe in the tooth fairy, this will be right up your alley. Ballots are being mailed this week. We all have busy lives, but it’s imperative we get up to speed on the ramifications of this proposition.
Ask yourself why current state treasurer Jeff DeWit and previous treasurers Carol Springer and Dean Martin oppose amending the Arizona Constitution, raiding our state’s Permanent Land Trust Endowment and guaranteeing tax increases, including raising your property taxes without adequately addressing our state’s school funding problems. As Arizona’s Chief Banker and Investment Officer, Treasurer DeWit oversees more than $13 Billion in state assets and serves as an investment manager for local governments. His extensive background in finance makes him a credible source on this issue.
The Arizona Secretary of State’s Office provides arguments filed for and against Proposition 123. Since we strongly oppose the measure, we are providing the No on Prop. 123 opinions. Read them over carefully.
Knowledge is power. Vote wisely. Our children and their futures are too important for this quick, but deceptive, fix.
Arizona’s K-12 education system is underfunded, but Proposition 123 will make sure it stays that way for the next generation. No one would argue that Arizona’s schools have enough money. We all know that Arizona students deserve better, but Proposition 123 doesn’t solve the problem. It doesn’t bring any revenue that is not currently owed to our schools, it spends future money today, while constitutionally limiting spending for future students.