Show Arguments Against VOTE Utah’s budget is already very tight Providing extra funds to make up for the shortfall will be difficult Raising taxes or levying new taxes will probably become necessary Extra funds will have to be provided every year until the 2 The funds that Proposition State School Fund are from to come! 3 Opponents claim that every available penny is needed to meet the obligations of the state This is not true! State spending could be cut During the past three years the Governor has ordered 2 percent reductions in spending on seven different occasions with only small impact on state additional revenue taxes could be lowered It will take many years to reach that point! Consider the facts: resources If the annual revenues from continue to be about $7 million dollars (the 19831984 figure) it will be li) years before the interest fund even replaces operations! Scrupulous budget analysis by the legislature will make up for the shift of funds proposed by Proposition 4 No increase in taxes will be necessary! itsetf! Governor Matheson says: way its sponsors claim it will be a long time before Utah taxpayers realize any On benefit the other hand taxpayers will probably see increased taxes right away! Proposition 4 will take too long to produce real 4 works the “The time has come for Utahns to face up to the rising cost of educating our children We cannot afford not to support this constitutional amendment!” benefits! VOTE The state in a trust fund The state would benefit more from spending the money now! While the money might be useful in the future it would definitely be useful now dollars 4! Representative Ervin M Skousen 3316 Metro Way Salt Lake City Utah 84109 Inflation may There are also other considerations lessen the value of the dollars we save now By saving money for the future instead of spending it now we may not be able to get the greatest value for our money Spending money now on critical educational needs may reduce the amount of funding necessary for remedial programs later For Utah's sake “FOR" PROPOSITION Senator KS Comaby Senate Majority Leader 3794 Hermes Drive Salt Lake City Utah 84124 needs all current revenue sources to fulfill its obligations! Utah's resources are strained to the limits Many important programs have gone without funding because of lack of money Proposition 4 will tie up millions of 3 will transfer into the selfish to squander the income from these nonrenewable resources with no concern for the future Proposition 4 will not really increase education frinding for many years! Supporters of Proposition 4 claim increased interest from the state school fund will the that eventually pay a mjor part of Utah’s education bill With the if Proposition 4 resources When those resources are depleted that source of income will be gone forever! The taxpayer of the future will have to make up the difference out of his pocket It would be intolerably 2 Even 4 of the taxpayer’s pocket! interest on the state school fund equals the revenues from resources In short Proposition 4 will place on the against Proposition No Even the opponents of Proposition 4 admit that it increase funding for education They are merely unwilling to exercise the discipline that it will take to reach that goal Any savings or investment program is a plan for the future and involves sacrifice No matter what the future cost of education is every dollar of interest from the State School Fund will be one less dollar that has to come out will eventually on the state school fund equals the extra amount of revenue going into it Until then education funding will fall millions of dollars short of present levels for years 84116 Rebuttal to Arguments interest burden on taxpayers 4! PROPOSITION Salt Lake City Utah This is untrue! Proposition 4 will transfer revenues into the state school fund that have historically been used for current education needs Putting these revenues into the state school fund will decrease the amount of money available for immediate use Many years will pass before the increase in a “AGAINST" Senator Wilford R Black Senate Minority Leader 826 North 1300 West Proposition 4 will reduce education funding by millions of dollars over the next few years! This money will have to be replaced from other sources! Supporters of Proposition 4 claim that it will not reduce education funding They say it will only change the way that education is funded we need to spend this money now! 25- |