A typical homeowner would pay about $4.50 per month, but the actual amount paid would be determined by the amount of runoff their parcel generates.
If approved, the tax would have required property owners to pay an extra $298 a year for five years to raise $255 million to help fund district school operations.
The Los Angeles Unified School District board approved a budget-balancing plan Tuesday that would save the majority of school programs if furlough and salary agreements can be reached with labor unions and if voters support a $298 parcel tax.
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